Florida’s housing market experienced a vigorous start to 2026, marked by a notable increase in closed sales, new pending sales, and fresh listings for both single-family homes and condominiums compared to the previous year. This positive momentum suggests a healthy and sustainable market environment as the year unfolds.
Key Takeaways
- Closed sales for single-family homes rose by 5.9% year-over-year in January 2026.
- Existing condo and townhouse sales saw a 5.1% increase during the same period.
- New listings surged, with single-family homes up 7% and condos/townhouses up 2.7%.
- Pending sales demonstrated significant growth: 15.2% for single-family homes and 16.9% for condos/townhouses.
- Inventory levels improved, offering more choices for buyers.
January Sales Performance
Data from Florida Realtors® reveals that January 2026 saw a significant uptick in real estate transactions. Statewide, closed sales for single-family existing homes reached 16,298, a 5.9% increase from January 2025. Similarly, existing condo and townhouse sales totaled 6,084, marking a 5.1% year-over-year rise. This performance indicates a strong demand and a market that is actively moving.
Rising Listings and Pending Sales
Adding to the positive outlook, the number of homes entering the market also increased substantially. New listings for single-family homes climbed by 7%, while new listings for condos and townhouses saw a 2.7% increase. This surge in inventory provides buyers with more options. Furthermore, new pending sales, which represent future closings, experienced robust growth. Single-family home pending sales jumped by 15.2%, and condo-townhouse pending sales increased by 16.9%. This marks the sixth consecutive month of year-over-year increases in pending sales for both property types, signaling sustained buyer interest.
Market Dynamics and Inventory
While sales and new listings are up, the statewide median sales price for single-family existing homes saw a slight decrease of 1.2% to $405,000 in January 2026. For condo-townhouse units, the median sales price dipped by 2.4% to $305,000 compared to the previous year. Despite these minor price adjustments, the market conditions are favorable. Inventory levels for single-family homes stood at a 5.2-month supply, while condo-townhouse properties had a 9.7-month supply. This improvement in inventory, coupled with increased buyer affordability compared to a year ago, suggests a balanced market where sellers are finding buyers more readily.
Florida Realtors President Chuck Bonfiglio noted the encouraging signs of a sustainable market, emphasizing the importance of knowledgeable Realtors in navigating these shifting conditions. Chief Economist Dr. Brad O’Connor highlighted that while January’s performance is strong, it’s still early to predict the full-year trend, but the current momentum is a positive indicator.
Sources
- January Shows Strong Start for Florida Housing, | Florida Realtors.