South Florida Market Report | Michael Wisniewski

Ask The Wizard: real answers to your home questions

Explore

The Wizard of Real Estate

Michael Wisniewski · The Complete Real Estate Team

Learn More

Market Reports

South Florida Market Report

South Florida remains the state's price ceiling with the strongest markets, and 2025 brought the region closer to balance: all-cash strength in Palm Beach, rising sales in Broward, and a 13-year appreciation run in Miami-Dade meeting rising inventory. Here is the picture county by county.

South Florida remains the state's price ceiling with the strongest markets, and 2025 brought the region closer to balance: all-cash strength in Palm Beach, rising sales in Broward, and a 13-year appreciation run in Miami-Dade meeting rising inventory. Here is the picture county by county.

Wiz's tip

Ask Michael for the neighborhood-level read, not the county bullet: which Gold Coast cities are flat, which are rising, and where the condos are finally worth touring again.

Palm Beach County

Single-family medians held near $605,000 to $645,000 through 2025, close to record highs, with condos near $300,000 to $315,000. As the top all-cash market in the country, Palm Beach cushions its buyers from mortgage-rate swings, and sales picked up strongly in late 2025. Luxury waterfront and barrier-island property sets the county's price rhythm.

Broward County

The all-homes median ran near $449,000 to $455,000, with single-family near $610,000 to $640,000 and existing condos weaker near $260,000 to $285,000. Sales volume is rising again, and the market was ranked among the strongest in America for 2025. For buyers, the condo segment offered real negotiating room through the year.

Miami-Dade County

Single-family medians held near $665,000 to $682,000 in 2025 after a 13-year run of appreciation, while the condo market softened to the $400,000 to $436,000 range. Inventory is rising and days on market lengthened, pushing the market toward balance after years of explosive growth. The skyline end of the market sets the headlines; the family suburbs set the volume.

South Florida's through-line

All three counties share the pattern: strong single-family demand, softer condos, rising inventory, and lengthened days on market. For buyers it is the most negotiating-friendly South Florida market in years; for sellers it is an honest-price market where the well-prepared home still wins.

Every good guide ends in a conversation

Bring your situation to The Life Transition Specialist

Michael reads every message personally and treats your first question with the care of a closing. Call, email, or book a free 15-minute strategy call.

Talk Soon

Ask The Wizard · Florida real estate, answered

Get new listings in your area first

From the Treasure Coast to South Florida, new homes and honest market updates go to my list first. Join now and never miss a listing that fits your plan.