Thomas Gipson, REALTOR®Lokation Real Estate
Q1 2026 — Quarterly Update

South Florida Market Reports

Pricing, inventory, demand, and days on market across Palm Beach and Broward counties — sourced from BeachesMLS and updated quarterly.

+11.3%
$681K
Median Home Price
+17.1%
$2.74M
Luxury Median (>$1M)
-20.2%
6,720
Active Inventory
-22.7%
34
Avg. Days on Market
Trailing 12 Months
Median Sale Price ($K)

Median sale price for general market and luxury (>$1M) segment over the last 12 months.

Supply
Active Inventory

Active listings across the region. Down 20% YoY.

Velocity
Days on Market

Speed of sale continues to compress as inventory tightens.

By City
Median Home Price by Market ($K)

Comparison of median home prices across South Florida's most active markets.

Luxury leads the market

The $1M+ segment is up 17% YoY and accounts for nearly 28% of total dollar volume — the highest share on record.

Inventory keeps tightening

Active listings down 20% YoY. Well-priced waterfront and turnkey luxury properties continue to sell in under 30 days.

Out-of-state demand persists

Buyers from NY, NJ, IL, MA, and CA represent 41% of closed luxury volume in Palm Beach and Broward this quarter.

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Source: BeachesMLS, Inc. data, Q1 2026. Statistics reflect activity in Palm Beach and Broward counties. Information deemed reliable but not guaranteed. Not intended to solicit properties currently listed by another broker.