Florida Housing Market Opens 2026 With Gains In Sales And Inventory – NMP Skip to main content

Florida Housing Market Opens 2026 With Gains In Sales And Inventory

Feb 18, 2026
Florida Housing Market Opens With Gains
Managing Editor

Florida’s housing market began 2026 with year-over-year gains in closed sales, pending contracts, and new listings, while median prices edged lower and inventory expanded, according to Florida Realtors

Florida’s housing market opened 2026 with solid momentum, posting increases in closed sales, new pending sales, and new listings in January compared with the same month a year earlier, according to the latest data released by Florida Realtors.

The statewide tally shows 16,298 closed single‑family home sales in January — a 5.9% year‑over‑year increase — while existing condo and townhouse closings rose 5.1%, totaling 6,084 transactions. Closed sales figures can lag several weeks behind market activity, as contracts often take 30–90 days to progress to closing.

Pending sales also saw a strong year‑over‑year jump, signaling continued buyer interest. New pending contracts for single‑family homes increased 15.2%, and for condo‑townhouse properties, they climbed 16.9%. This marked the sixth consecutive month of year‑over‑year gains in new pending sales for both property categories, suggesting sustained demand entering the spring market.

"In addition to seeing more January closings across Florida than in recent years, we saw a lot more homes come onto the market, as well," said Florida Realtors Chief Economist Dr. Brad O'Connor. "Our data only go back to 2008, but last year, January new listings were at an all-time high over that time span in both property type categories. As of now, though, the crown for most January new listings belongs to 2026. Looking at the single-family home category, new listings were up 7% compared to a year ago, while new listings of condos and townhouses were up by 2.7%. It's a strong start, but it's too early to draw definitive conclusions as to how this will carry over into the rest of the year."

January’s median sales prices showed modest year‑over‑year declines from 2025 levels: single‑family homes at $405,000 (down 1.2%) and condo‑townhouse units at $305,000 (down 2.4%).

The data also revealed a rise in new listings compared with last year, with single‑family listings up 7% and condo‑townhouse listings up 2.7%, reflecting broader inventory improvements.

About the author
Managing Editor
NMP Managing Editor Eric C. Peck has 25-plus years’ experience covering the mortgage industry. He graduated from the New York Institute of Technology, where he received his B.A. in Communication Arts/Media. After graduating, he…
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