It was indeed in this county that home sales performed exceptionally well in March 2026, in stark contrast to the situation in Broward.
In Palm Beach County, the trend had been on the rise since October, but it has really taken off since January 2026. In March 2026, home sales increased by more than 14.3%, and sales of condos and townhouses by 11.2% compared to March 2025! Against a backdrop of inflation and geopolitical instability, and with interest rates still above 6%, this is worth noting—especially since prices have also risen—it’s impressive. Homes are selling for $645,000, up 3.2%, and condos for $330,000, a sharp increase of 6.5% compared to March 2025.
It must be said that inventory is down significantly: only 4.7 months’ supply of homes for sale, compared to 5.8 months in March 2025 (-19%)! The same trend applies to condos and townhouses: inventory stands at just 8.5 months, compared to 10.3 months last year (-17.5%).
According to Jaime Kriske, president of the Jupiter-Tequesta-Hobe Sound chapter of the Miami Association of Realtors, “Palm Beach County is much more than just a magnet for its lifestyle and tax benefits. We also attract buyers seeking careers, investment opportunities, and a high quality of life.”
A More Complicated Situation in Broward
For condos, sales are stagnating (-0.6%) and prices continue to fall (-3.7% with a median price of $269,700), following a prolonged decline over the past 12 months. Inventory remains high at 11.3 months’ supply.
For single-family homes, the situation is slightly better, with sales up +3.3% in March 2026, driven by a price drop of -5.5%. The median price is now $600,000, down from $635,000 in March 2025. Inventory has fallen to 4.8 months.
Positive Trend in Miami-Dade
Home sales rose by 10.6% and condo sales by 2.9% in March. Inventory is stable and prices are up slightly, by 0.6% and 1.7% respectively for the two property categories.
Gay Cororaton, chief economist at Miami Realtors, explains: “In a more challenging macroeconomic environment, it is reasonable to expect the South Florida real estate market to be more resilient than the national market, due to an ongoing migration of wealth.”
But the market remains unaffordable and is driven by high-priced properties: there were only 14 homes priced under $300,000 for sale in Miami-Dade in March 2026.
Across the southeastern part of the state
There were 5,000 homes for sale under $600,000 across the region’s three largest counties; two-thirds of sales involved homes priced over $600,000.
Finally, it is important to keep in mind that the impact of rising gas prices and the war in Iran could be felt in the coming months, specifically over the next two months.
