South Florida Real Estate Momentum: Over 4.5K Homes for Sale in 2026

What are the current trends in the South Florida real estate market? In 2026, South Florida is experiencing significant momentum, with about 4.5K homes for sale and a notable segment of over $5 million properties. The luxury market is thriving, with approximately 488 single-family listings available, and around 43 monthly home sales, while condo sales average about 20 monthly transactions. Tighter supply is the main constraint on the market, contributing to upward pressure on home values as around 10% of listings are priced above $5 million and another 10% below $500K. A low-6% mortgage rate is stabilizing the market, suggesting that prepared buyers may want to act quickly before prices rise further, especially with an upcoming property tax referendum that could affect owner mobility.

The South Florida real estate scene continues to evolve, making it essential for buyers and investors to stay informed about these trends and opportunities.

For expert insights on the Rotonda West real estate market, connect with Karin Heitmann, REALTOR® at Bay Breeze Intl. Realty.