Reports  ›  March 2026
South Florida Real Estate · March 2026 · Issue No. 02

Three counties,
three different markets.

28,000+ closed MLS transactions across Miami-Dade, Broward, and Palm Beach for March 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 South Florida market is sorting itself by buyer composition, asset vintage, and county. The headline finding: half of Broward home sales now happen with cash.

Miami-Dade Luxury

Miami-Dade luxury sales tripled.

$10M+ home sales tripled in two years from 7 sales to 21 sales. Median price rose 33% to $17.95M. The $5M+ segment grew 78%. Trimmed-median analysis confirms the result is not driven by outliers.

Broward Composition

Half of Broward home sales now happen with cash.

Financed buyer pool contracted from 786 to 522 transactions in 12 months (−34%) while cash buyers surged from 312 to 609. Cash buyers paid 5% more than the overall market median.

Broward Prices

Broward home prices are stuck.

Every price band in Broward SFR held flat over two years. Entry, mid, upper, and luxury all moved within ±2.3%. Miami-Dade appreciated 4%. Palm Beach appreciated 5% on $/SqFt.

Financed Buyer Squeeze

Almost half of financed Broward buyers got a seller credit.

The financed concession rate in Broward SFR hit 46.9% in March 2026, up from 33.4% in 2024. Miami-Dade rose from 25.7% to 43.2%.

Condo Vintage Split

Old condos and new condos are two different markets.

Pre-1980 buildings make up 48% of Broward condo cash sales versus 26% of financed sales. Driven by SIRS, recertifications, and reserve requirements.

Distressed Signal

Miami-Dade distressed sales are rising.

Miami-Dade SFR distressed sales are 4.5× higher than two years ago (0.64% to 2.91%). Still small in absolute terms. The trajectory is the signal to watch.

Market Pulse · March 2026

Key numbers at a glance.

MetricValue
Broward SFR financed buyer pool · 12-month change−34%
Miami-Dade $10M+ SFR volume · 2-year change3× (7 → 21 sales)
Financed Broward SFR concessions · March 202646.9%
Pre-1980 Broward condo cash share vs financed48.4% vs 25.5%
Miami-Dade SFR distressed sales · 2-year multiple4.5× (0.64% → 2.91%)
Miami-Dade SFR median 2-year appreciation+4.0%
Palm Beach SFR $/SqFt 2-year appreciation+5.1%
The Full Report

The full report goes deeper.

Five narrative sections with charts. Standard metrics with three-year trend tables. Seller strategy guidance for the institutional and traditional reader. Appendix with full data.