Reports  ›  April 2026
South Florida Real Estate · April 2026 · Issue No. 03

In Broward, 60% of April
home sales were all cash.

21,677 closed MLS transactions across Miami-Dade, Broward, and Palm Beach for April 2024, 2025, and 2026. Built for the people who buy, sell, and manage real estate at scale.

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Section Highlights

Five findings. One picture.

The Broward cash takeover accelerated in April. Palm Beach is no longer the clean county on concessions. Miami-Dade luxury hit a new April high. Old Broward condos kept falling.

Broward Cash Takeover

Six in ten Broward homes now sell for cash.

60% of Broward single-family closings and 77% of condo closings paid cash in April. Cash buyers more than doubled year over year while financed buyers got cut almost in half.

Seller Credits

Seller credits are now everywhere.

The Palm Beach SFR financed concession rate jumped from 11.8% to 38.0% in twelve months. All three counties are now clustered between 38% and 44%.

Miami-Dade Luxury

Miami-Dade $5M+ sales hit a new high.

April closed 47 single-family sales at $5M or above, the highest April count in three years. 17 at $10M+. 6 at $20M+. Up 25% year over year per MIAMI Realtors.

Broward Entry Condos

Broward entry condos are still falling.

The under-$300K tier dropped to a $172,250 median, down 10.3% over two years. 94% of these sales are buildings built before 2000. Post-Surfside legislation has shut financed buyers out.

Broward Price Bands

Broward prices fell in every price band except one.

Entry, mid, and upper SFR bands all softened over two years. Only luxury above $1.5M moved up, gaining +7.9% to a $2.4M median.

Distressed Rotation

Broward SFR distressed share passed Miami-Dade.

Broward single-family distressed hit 2.45% in April, up from 1.77% in March. Miami-Dade SFR pulled back from its March peak. Worth tracking in either county.

Market Pulse · April 2026

Key numbers at a glance.

MetricValue
Broward SFR cash share · April 202660%
Broward condo/townhouse cash share · April 202677%
Palm Beach SFR financed concession rate38.0% (was 11.8%)
Miami-Dade $5M+ single-family sales47 (Apr) · +25% YoY
Broward entry condo · 2-year median change−10.3%
Miami-Dade SFR financed credit rate · avg $43.6% · $19,787
Broward SFR distressed share · April2.45% (passed Miami-Dade)
The Full Report

The full report goes deeper.

Five narrative sections with data tables. Seven standard metrics with three-year trends and month-over-month context. Seven seller strategy points grounded in April data. Full appendix.