Current Market Data
The holiday season brought more than just cheer to South Florida’s housing market. Inventory ticked up and homes sold quickly, according to the latest Housing Scorecard.
Contract signings were up in all four U.S. regions.
Prices for luxury homes in West Palm Beach have skyrocketed over the past decade, topping the pace of growth of any other U.S. market.
Evidence points to home shoppers prioritizing the experiences they’ll have in their home over the style or size, Zillow said.
The National Association of Home Builders’ monthly survey found continued pessimism among the nation’s homebuilders at the end of a tough year.
Demand so outpaced supply in Miami that the metro experienced a 96.4% occupancy rate in 2025.
Midwestern and southern metros may dominate buyer interest in 2026, according to the National Association of REALTORS®.
Miami placed No. 3, just behind Orlando and Las Vegas.
Geographically, trends varied widely, with formerly hot areas like Florida and the Southeast posting the deepest declines and formerly cool areas, like the Midwest, showing healthy gains.
South Florida experienced positive housing inventory growth. Meanwhile, homes stayed on the market slightly longer, according to the latest Housing Scorecard.
Spa-style amenities, customizable lighting options, integrated technology, storage solutions — and ample space for these features — all surfaced as top trends.
By region, sales rose in the Midwest, Northeast and South but fell in the West.
Bold, geometric designs like chevrons, sunbursts, zigzags and stepped shapes are making a huge comeback as of late — and Houzz said that will continue into 2026.
Continuing last month’s positive trends, sales of single-family homes and condos in Miami both saw a 7% increase year over year.
Buyers from 73 countries accounted for 52% of new construction sales during the past 22 months.
Renters paid an average of $1,771 for one-bedroom apartments during the third quarter, a decrease of 4.1% year over year.
