South Florida Housing Market Update: What to Expect in 2026

If you’ve been watching the real estate market in South Florida, you’re not alone. Homeowners, buyers, and investors are all wondering the same thing:“What’s happening with home sales—and what’s projected for next year?”

As a top-performing Realtor in Palm Beach and Broward counties, I stay on top of local housing trends so my clients can make smart decisions. Here’s my breakdown of where the South Florida real estate market stands now and what we might see in 2026.

2025 Market Recap: A Year of Stabilization

After several years of rapid price growth fueled by pandemic-era demand, 2025 has been a year of market stabilization. Here's what we've seen:

• Home prices are holding steady in most parts of Palm Beach, Boca Raton, Delray Beach, Boynton Beach, and Fort Lauderdale.

• Inventory remains low, especially for updated single-family homes and properties east of I-95.

• Interest rates have stayed higher than pre-pandemic levels, but buyers are adjusting—and motivated sellers are pricing competitively.

• Cash buyers and investors continue to drive activity in luxury and rental-ready properties.

Overall, 2025 hasn’t been a “cooling market”—but rather a shift to a more balanced playing field, where motivated buyers and serious sellers can both win.

What’s Projected for 2026 in South Florida?

Here’s what many industry experts and local agents like myself are seeing ahead:

1. More Inventory Coming in Q1 and Q2

Many homeowners who sat on the sidelines in 2025 may decide to list in early 2026, especially if mortgage rates begin to come down. This could create more options for buyers—but also more competition for sellers.

2. Steady Price Growth in High-Demand Areas

Areas like Boca Raton, Delray Beach, and Ocean Ridge are still in high demand. Expect moderate price increases in neighborhoods close to the beach, great schools, and lifestyle amenities.

3. Strong Relocation and Retirement Demand

Florida remains a top relocation destination for buyers from the Northeast, Midwest, and California. Many are drawn by no state income tax, great weather, and lifestyle perks. This trend is expected to continue into 2026.

4. Luxury and Investment Markets Will Stay Active

The luxury market—particularly homes over $1 million—remains strong, with cash buyers and investors targeting properties with Airbnb/short-term rental potential or second home value.

5. More New Construction Inventory

Builders are starting to release new construction homes and townhomes, which will give buyers additional choices in areas like west Boynton Beach, Parkland, and west Delray.

My Take as a Local Realtor

I believe 2026 will be a strong year for both buyers and sellers—especially if you have a clear strategy and work with the right agent. Timing the market is hard, but being prepared and informed is the key.

• For sellers: This may be the right time to list before more inventory hits the market. Pricing right and having a strong marketing plan will make a huge difference.

• For buyers: If interest rates shift even slightly downward, we could see more buyer competition and upward pressure on prices. Getting pre-approved and ready to act fast will help you win.

Final Thoughts: Is Now a Good Time to Buy or Sell?

There’s no one-size-fits-all answer—but the South Florida market continues to show resilience and long-term value. Whether you’re looking to upgrade, relocate, invest, or just explore your options, I can guide you with honest, data-driven advice.

I’ve closed over 400 transactions in Palm Beach and Broward counties and I bring local expertise, flexible commission plans, and no-pressure service. Let’s talk about your real estate goals for 2026.