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South Florida real estate market update: Spring 2026

March 2026

Inventory levels across Palm Beach, Broward, and Miami-Dade show continued pressure, with median days on market at 42 days — down from 58 days a year ago. Here's what buyers and sellers need to know heading into the 2026 spring season.

Palm Beach County

Median sale price up 4.2% YoY to $512,000. Active inventory remains constrained at 2.1 months of supply. The $400K–$700K range sees the most competition. Jupiter and Palm Beach Gardens lead absorption rates.

Broward County

Median sale price $445,000, up 3.1% YoY. Fort Lauderdale and Pembroke Pines continue to attract migration from Miami-Dade. Condo market showing early signs of normalization post-Champlain legislation.

Miami-Dade County

Luxury segment ($2M+) remains active with strong international demand. Overall market balanced with 3.4 months supply. Coral Gables and Coconut Grove command highest price-per-square-foot in the county.

For personalized guidance on buying or selling in South Florida, contact the team at Pure Equity Realty. We serve Palm Beach, Broward, Miami-Dade, St. Lucie, and Highlands counties with expert representation and a 1% listing fee.