April sales were particularly strong across all counties in Southeast Florida and for the two property types of interest to homebuyers: single-family homes, as well as condos and townhouses.
In Broward, home sales rose by 7.6% in April 2026. A slight drop in prices partly explains this trend: the median price fell from $630,000 to $620,000. However, inventory is down sharply, with only 4.6 months of supply, compared to 5.7 months in April 2025.
For the second category of properties (condos/townhouses), sales were also up, though at a more moderate rate of +1.8%. In contrast, the median price has dropped sharply by 7.9%: $258,000 compared to $280,000 in April 2025. It’s worth noting that inventory was very high, at 12 months’ supply last April. While it is currently declining, it still stands at 11 months.
In Palm Beach County, it was an excellent month for apartments and townhouses. Sales rose by +6.2%, outpacing the increase in home sales (+3.61%). And the median price rose, climbing from $320,000 to $340,000 between April 2025 and April 2026. Inventory has returned to a healthier level of 8.2 months, down from 10.4 months last year.
For single-family homes, however, prices are up slightly, hovering around $650,000. Properties are becoming increasingly scarce as inventory dwindles (4.4 months compared to 5.9 months in April 2025, a 25.4% drop). Sales are closing faster: contracts are signed in an average of 37 days, down from 41 days. The market is therefore tight for buyers, who have fewer choices and must make decisions more quickly.
In Miami-Dade, it’s been an excellent month for single-family homes. Sales are up sharply by 8.6%. There is a small margin for price negotiation, as prices have dropped from $680,000 to $670,000. Inventory is dropping sharply, as in Palm Beach County, to 5.4 months compared to 6.3 months last year. Perhaps there are fewer sellers willing to put their homes on the market. However, buyers are taking a little longer to make a decision (45 days compared to 37 last April). The balance of power between buyers and sellers appears to be even.
For condos and townhomes, just as in Broward, sales have resumed modest growth of +2.8%, but unlike in Broward, this is not at the expense of prices, which continue to rise here ($450,000 compared to $445,000). Yet inventory remains very high at 12.9 months (compared to 14 in April 2025).
Martin and St. Lucie Counties
Sales of single-family homes skyrocketed in April in Martin County, with a 35% increase! Prices are also up sharply by 8.3%, now at $650,000—levels similar to those in Palm Beach and slightly higher than in Broward.
Keep in mind that volume remains five to six times lower than in Broward or Palm Beach, but this still demonstrates the strong health of the real estate market in this county, even if the picture is more mixed for apartments (sales up 3.6% but prices down 8.9%).
In St. Lucie County, the market remained relatively stable in April 2026: home sales up 3.3% and condo/townhouse sales down 1.0%.
Source : Miami Realtors
Article translated by Deepl
