Florida Home Sales and Prices Climb in Second Quarter

Statewide data from Florida Realtors shows closed sales for single-family homes hit 26,036 in June, a 9.3% increase compared to the same month last year. Condominium and townhouse sales also saw a double-digit jump, rising 14% to 8,900 units. For the full second quarter, single-family sales reached 75,080, while condo-townhouse transactions totaled 27,101.

Prices maintained their upward trajectory, with the median single-family home price reaching $432,000 in June, up 4.9% from June 2025. Condo-townhouse prices rose more modestly, climbing 1.7% to a median of $305,000. These figures reflect a market adjusting to what experts describe as a new price normal established in 2022.

Jennifer Warner, director of economic development and commercial research, noted that while year-over-year gains appear significant, they are partially bolstered by a historically weak June 2025. Even with mortgage rates hovering near 6.5%, buyer interest remains resilient. Supply levels currently stand at 4.5 months for single-family homes and 8.1 months for condo-townhouse properties, providing a clearer picture of regional inventory dynamics.