After months of adjustment, Florida’s housing market is finding balance again. According to the latest report from Florida Realtors®, closed sales of existing single-family homes statewide jumped 13.6% year-over-year, while condo and townhouse sales rose 8% in September 2025.
This shift marks renewed confidence among buyers and sellers, helped in part by lower mortgage rates and steady prices. For Miami-Dade homeowners and investors, this could signal the perfect window to re-evaluate opportunities in the market.
📈 Florida’s Market Is Stabilizing
Florida Realtors Chief Economist Dr. Brad O’Connor highlighted that September’s jump in sales was one of only three positive year-over-year increases seen in 2025—and the first for condos and townhouses in over a year.
He noted that mortgage rates hovering just above 6.5% in August sparked stronger buyer demand, and as rates continued to ease into fall, even more buyers entered the market. Pending sales for single-family homes rose 7%, while condo and townhouse pending sales were up 6.6% compared to last year.
For sellers, this means buyer activity is picking up, and homes that are well-priced and well-marketed are seeing strong interest.
💰 Prices Leveling After Record Highs
The statewide median price for single-family homes held steady at $410,000, while condos and townhouses averaged $299,000, down slightly from 2024.
For homeowners, this stability is good news—it suggests prices are no longer falling, and as demand rises, they could strengthen again heading into 2026.
🏠 Inventory Shows Signs of Balance
Inventory—one of the biggest drivers of price and competition—is beginning to even out.
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Single-family homes: 5.1-month supply
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Condos/townhouses: 9.1-month supply
That’s a healthier level than the tight conditions seen in previous years, giving buyers more choices and sellers a realistic sense of competition.
Dr. O’Connor summarized it well:
“It’s taken a while, but the Florida housing market is finally showing signs of reaching a bottom in terms of sales. Inventory levels are stabilizing, and prices seem to be trending that way too.”
🌴 What This Means for Miami-Dade
Here in Miami-Dade, where luxury demand, international investment, and family relocations intersect, these statewide trends are especially important.
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Lower mortgage rates could bring more qualified buyers into your neighborhood.
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Leveling prices and stronger pending sales suggest stabilizing confidence in the market.
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For sellers, strategic timing, staging, and marketing will be key to capturing top dollar.
At Pol Realty, we’re already seeing this trend firsthand in communities like Pinecrest, Brickell, and Weston—buyers who waited earlier in the year are now ready to act, and well-prepared listings are moving faster.
🔍 Thinking About Selling? Stay Ahead of the Market
Even if you’re not planning to sell right now, this is the time to stay informed about your home’s market position.
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Get your free home value report
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See how your neighborhood is performing
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Learn how small updates and smart marketing can make your home stand out
With over 18 years of experience serving Miami-Dade homeowners, Pol Realty helps clients make confident decisions—whether selling today or planning for the future.
📊 More Resources
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💬 Contact us for a personalized home valuation and strategy session.
