Palm Beach SFR
+7.7%
Palm Beach SFR median price appreciation over two years — the strongest gain in the tri-county region. Miami-Dade SFR is up 7.0% over the same period to $685,000.
South Florida Real Estate · Monthly Market Report · February 2026
27,000+ closed MLS transactions · Miami-Dade, Broward & Palm Beach · February 2024–2026
Key Findings · February 2026
Analysis of MLS closed transaction data across all three South Florida counties reveals a bifurcated market: single-family residences are appreciating while condominiums face sustained price pressure, rising inventory, and dramatically longer time-to-close.
Palm Beach SFR median price appreciation over two years — the strongest gain in the tri-county region. Miami-Dade SFR is up 7.0% over the same period to $685,000.
Median days on market for Miami-Dade condos in February 2026, up from 85 days in 2024. Broward: 171 days. The average condo now takes nearly 6 months to close.
Broward County condo median price decline since 2024, from $285,000 to $265,000. Price per square foot in Broward condos fell 8.5% — the largest per-foot decline in the dataset.
Pool premium on single-family homes in Palm Beach County. A pool home sells for double the price of a non-pool home. Miami-Dade: +80%. Broward: +64%.
Miami-Dade condo distressed listings in February 2026 — up from fewer than 1-in-200 just two years ago. A quiet but accelerating leading indicator.
Premium that cash buyers pay over financed buyers on Miami-Dade SFR. In Palm Beach, 62% of all SFR transactions and 76% of all condo transactions were all-cash.
Share of Miami-Dade and Broward SFR closings that included seller concessions in February 2026. Average concession: $16,263 in Miami-Dade, $11,138 in Broward. Palm Beach: just 7.1%.
New construction (2023+) SFR premium over existing stock in Broward — median $1,995,000 vs $610,000. Miami-Dade: +146%. Palm Beach: +147%.
County Snapshot · February 2026
This report is published monthly using closed MLS transaction data across Miami-Dade, Broward, and Palm Beach counties. It analyzes single-family residences and condominiums with data on median prices, price per square foot, days on market, cash buyer rates, seller concessions, distressed sale trends, and feature premiums including waterfront, pool, and construction era. Data is sourced directly from MLS records — not estimates or indices.
Monthly Market Intelligence
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Unsubscribe anytime · Published by Eddie Blanco, Stratwell.co