Florida housing market August 2026: What sellers should review now
Florida Realtors released its August 2026 housing report on September 16. Statewide sales eased from a year earlier, median prices increased modestly and inventory tightened. The statewide picture suggests a market moving at a steadier pace, but it does not establish the value or likely selling time of a specific South Florida property.
For sellers, the practical takeaway is to use current local evidence. Property type, condition, association finances, price range and competing listings can produce a very different result from the statewide average.
Florida recorded 21,497 closed sales of existing single-family homes in August, down 1.4% from August 2025. The statewide median sale price was $415,000, up 1.2%. Existing condo and townhouse sales totaled 7,291, down 1.8%, while their statewide median price rose 2.8% to $298,000.
Supply differed by property type. Florida Realtors reported 4.3 months of supply for single-family homes and 7.7 months for condos and townhouses. Single-family inventory was down 13% from a year earlier, while condo and townhouse inventory fell 11.5%.
Closed sales reflect contracts formed earlier and may occur 30 to more than 90 days after contract. Median price is the midpoint of completed sales, not a prediction or an appraisal for an individual home.
The combination of slightly lower sales, modest price gains and lower inventory does not support a simple claim that every Florida market is rising or falling. It shows that buyers and sellers are still completing transactions while affordability and mortgage rates constrain some decisions.
South Florida includes distinct counties, cities, neighborhoods and property types. A waterfront condominium with a pending assessment should not be priced from the same assumptions as a single-family home without an association, even when the properties share a ZIP code.
Before choosing a list price, review four groups of information:
The list price should create a defensible position against those alternatives. An older sale can provide context, but it may not reflect today's financing conditions, inventory or building finances.
A clean presentation helps, but documentation can matter just as much. Gather permits and invoices for material improvements when available. Confirm what will remain with the property. For a condominium, organize the association documents and current assessment information available to the owner. For a single-family home, be ready for questions about roof and system age, insurance history, flood information and maintenance.
Do not advertise an unverified improvement, measurement, permit status or financial benefit. When a fact requires a licensed inspector, appraiser, attorney, tax professional or insurance agent, refer the question to that professional.
A seller should know how the strategy will be reviewed. Decide which early signals matter, such as qualified inquiries, showing feedback, competing listings, new comparable sales and written offers. Set a date to discuss those signals rather than reacting to a single comment or waiting indefinitely without a decision point.
A price change is not automatically required when activity is slow, and a fast offer does not automatically prove the property was underpriced. The response depends on the evidence, the seller's timing and the terms of any offer.
The August report gives sellers a current statewide reference: prices held up while sales eased and inventory contracted. The next step is a local review of the property, competing supply and the seller's timing. That work is more useful than applying a statewide percentage directly to a home.
If you are considering selling in South Florida, prepare the property address, your preferred timeline and the result you want from the sale. I can help organize the market and property questions before you decide how to proceed. Diego Angulo is a Broker Associate with Realty ONE Group Evolution. Call or text +1 305 582 5320 or schedule a 30-minute consultation with the team.
Soy un empresario inmobiliario, inversionista y Broker Associate enfocado en la adquisición, comercialización y desarrollo estratégico de activos inmobiliarios. Desde el sur de la Florida, asesoro a clientes nacionales e internacionales en oportunidades residenciales, comerciales y de inversión, combinando inteligencia de mercado, visión financiera y una poderosa red de relaciones estratégicas.
Reconocido por mi enfoque orientado a la creación de patrimonio, ayudo a mis clientes a transformar decisiones inmobiliarias en oportunidades de crecimiento, protección de capital y generación de riqueza a largo plazo.
Mi visión empresarial se extiende más allá de las transacciones tradicionales, con el objetivo de construir un ecosistema de empresas relacionadas con bienes raíces, inversión y desarrollo que aporte valor sostenible a inversionistas, familias y comunidades.
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