BreakThru Realty South Florida Housing Market Report: September 2026

This is the September 2026 edition of the BreakThru Realty South Florida Housing Market Report, published by BreakThru Realty Research on October 4, 2026. It covers residential sales that closed in September 2026 in Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River counties, and the market as it stood on the day of publication, computed from BeachesMLS listing and sales data. The figures are frozen: this page will always show what the market looked like in September 2026.

Key Findings: September 2026

  • 6,265 residential sales closed across the six counties in September 2026, down 4% from the month before and down 7.5% from a year earlier.
  • The median single-family home sold for $710,000 in Palm Beach County and $390,000 in Indian River County, the highest and lowest of the six counties in September 2026.
  • Condo and townhome medians ranged from $202,000 in Indian River County to $420,000 in Miami-Dade County.
  • By months of inventory on the day of publication, single-family homes were a seller's market in 2 counties and balanced in 4 counties; condos and townhomes were a buyer's market in all 6 counties.
  • 46,294 homes and condos were for sale across the six counties on October 4, 2026, up 0.8% from the previous edition, 15,714 of them waterfront.

South Florida Overview, September 2026

CountyClosed salesChange from prior monthMedian single-familyMedian condo/townhomeDays on marketSale-to-listFor sale at publication
Miami-Dade County1,678-8.9%$695,000$420,00086 days96.6%16,684
Broward County1,792-8.6%$645,000$235,00079 days96.8%14,302
Palm Beach County1,864-1.3%$710,000$313,00069 days96.3%10,320
Martin County268+27%$642,500$247,00080 days96%1,280
St. Lucie County570+5.6%$400,000$330,00084 days98.1%3,172
Indian River County93+13.4%$390,000$202,00086 days97.2%536

County names link to each county's live housing market report. Year-over-year changes are compared with September 2025.

Single-family homes: September 2026 Trends

3,343 single-family sales closed across the six counties in September 2026. They sold fastest in Broward County (60 days on market on average) and slowest in Indian River County (87 days). Year over year (compared with September 2025), median prices were higher in Miami-Dade, Broward, Palm Beach, Martin and Indian River and lower in St. Lucie. The table shows each county's closings, median price, price per square foot, days on market and sale-to-list ratio, with the change from the month before.

CountyClosed salesMedian sold priceMedian $/sq ftDays on marketSale-to-listPrice vs. prior monthPrice vs. a year earlier
Miami-Dade County791$695,000$410/sq ft74 days97.3%+2.4%+5.3%
Broward County925$645,000$362/sq ft60 days97.7%-1.5%+3.2%
Palm Beach County967$710,000$360/sq ft60 days96.8%+1.4%+7.9%
Martin County152$642,500$300/sq ft73 days96.5%-4%+8.3%
St. Lucie County431$400,000$219/sq ft75 days98.7%-2.4%-3.4%
Indian River County77$390,000$234/sq ft87 days97.5%+6.8%+6.8%

Condos & townhomes: September 2026 Trends

2,602 condo and townhome sales closed across the six counties in September 2026. They sold fastest in Palm Beach County (79 days on market on average) and slowest in St. Lucie County (126 days). Year over year (compared with September 2025), median prices were higher in Palm Beach, Martin and St. Lucie and lower in Broward. The table shows each county's closings, median price, price per square foot, days on market and sale-to-list ratio, with the change from the month before.

CountyClosed salesMedian sold priceMedian $/sq ftDays on marketSale-to-listPrice vs. prior monthPrice vs. a year earlier
Miami-Dade County867$420,000$350/sq ft97 days96%+2.4%0%
Broward County794$235,000$225/sq ft100 days95.9%-7.8%-13.8%
Palm Beach County753$313,000$244/sq ft79 days95.6%+4.3%+4.3%
Martin County87$247,000$197/sq ft98 days95.1%-14.1%+17.6%
St. Lucie County85$330,000$206/sq ft126 days96.8%+5.3%+20.4%
Indian River County16$202,000$176/sq ft79 days95.3%+44.3% *+9.2%

* Fewer than 20 closings in one of the two months: read the change as a small sample, not a trend.

Inventory and Months of Supply

On October 4, 2026, 46,294 homes and condos were for sale across the six counties, 3,262 of them listed in the previous seven days, and 10,248 were under contract. Active inventory was +0.8% against the previous edition. Months of inventory divides active listings by the average monthly sales of the last 90 days: under four months favors sellers, over six favors buyers.

CountyFor saleChange since last editionNew in 7 daysUnder contractMonths of inventory, single-familyMonths of inventory, condo
Miami-Dade County16,684+0.5%9353,0805.3 mo12.6 mo
Broward County14,302+0.2%9922,9224.3 mo10.8 mo
Palm Beach County10,320+2.2%9262,8823.7 mo7.1 mo
Martin County1,280-0.1%1123453.9 mo6.6 mo
St. Lucie County3,172+0.4%2478535.2 mo7.7 mo
Indian River County536+2.7%501665.3 mo7.9 mo

Rental Trends

The median asking rent on the day of publication was highest in Miami-Dade County at $3,500 a month and lowest in Indian River County at $2,250. The table splits houses and townhomes from condos and apartments, and gives the median rent actually agreed on leases signed in the last 90 days next to the asking rent.

CountyActive rentalsMedian asking rentHouses: asking / leasedCondos & apartments: asking / leased
Miami-Dade County13,126$3,500$3,200 / $3,200$3,950 / $2,700
Broward County8,377$2,900$3,350 / $3,250$2,400 / $1,995
Palm Beach County5,569$3,200$3,900 / $3,775$2,485 / $2,050
Martin County443$2,995$3,300 / $3,000$2,500 / $1,800
St. Lucie County954$2,650$2,740 / $2,500$2,500 / $1,700
Indian River County134$2,250$2,500 / $2,350$1,850 / $1,600

Luxury and Waterfront Inventory

6,060 homes and condos were listed at or above their county's luxury threshold on October 4, 2026. Thresholds differ by county because prices do: $2,000,000 in Miami-Dade, $1,000,000 in Broward, $2,000,000 in Palm Beach, $1,000,000 in Martin, $1,000,000 in St. Lucie and $1,000,000 in Indian River.

15,714 waterfront homes and condos were for sale across the six counties on October 4, 2026, the most in Miami-Dade County (5,621). Waterfront here means listings the MLS flags as waterfront, from ocean and Intracoastal frontage to canals and lakes.

CountyLuxury thresholdLuxury listingsWaterfront listings
Miami-Dade County$2,000,0002,1895,621
Broward County$1,000,0002,0364,851
Palm Beach County$2,000,0001,3893,859
Martin County$1,000,000244400
St. Lucie County$1,000,000152859
Indian River County$1,000,00050124

The Listings Behind the Numbers: September 2026

The report's figures describe the market on the day it was published. These pages carry the homes on the market today in each segment it measures: single-family homes, condos and townhomes, luxury listings from the county's threshold, waterfront homes and rentals.

Miami-Dade County

Broward County

Palm Beach County

Martin County

St. Lucie County

Indian River County

Notable Changes

Month over month

  • The median condo and townhome sale in Martin County fell 14.1% from August 2026, to $247,000 (from $287,500). Live report
  • The median condo and townhome sale in Broward County fell 7.8% from August 2026, to $235,000 (from $255,000). Live report
  • Martin County condo and townhome closings rose 81.3% from August 2026, 48 to 87. Live report
  • Indian River County single-family closings rose 26.2% from August 2026, 61 to 77. Live report

Year over year

  • The median condo and townhome sale in St. Lucie County rose 20.4% from September 2025, to $330,000 from $274,000. Live report
  • The median condo and townhome sale in Martin County rose 17.6% from September 2025, to $247,000 from $210,000. Live report
  • The median condo and townhome sale in Broward County fell 13.8% from September 2025, to $235,000 from $272,750. Live report
  • The median single-family sale in Martin County rose 8.3% from September 2025, to $642,500 from $593,000. Live report

County by County

Miami-Dade County

Miami-Dade County: 1,678 residential sales closed in September 2026, with a median of $695,000 for single-family homes and $420,000 for condos and townhomes. 16,684 homes and condos were for sale on the day of publication. The live Miami-Dade County report carries today's figures; the city reports below break the county down.

Broward County

Broward County: 1,792 residential sales closed in September 2026, with a median of $645,000 for single-family homes and $235,000 for condos and townhomes. 14,302 homes and condos were for sale on the day of publication. The live Broward County report carries today's figures; the city reports below break the county down.

Palm Beach County

Palm Beach County: 1,864 residential sales closed in September 2026, with a median of $710,000 for single-family homes and $313,000 for condos and townhomes. 10,320 homes and condos were for sale on the day of publication. The live Palm Beach County report carries today's figures; the city reports below break the county down.

Martin County

Martin County: 268 residential sales closed in September 2026, with a median of $642,500 for single-family homes and $247,000 for condos and townhomes. 1,280 homes and condos were for sale on the day of publication. The live Martin County report carries today's figures; the city reports below break the county down.

St. Lucie County

St. Lucie County: 570 residential sales closed in September 2026, with a median of $400,000 for single-family homes and $330,000 for condos and townhomes. 3,172 homes and condos were for sale on the day of publication. The live St. Lucie County report carries today's figures; the city reports below break the county down.

Indian River County

Indian River County: 93 residential sales closed in September 2026, with a median of $390,000 for single-family homes and $202,000 for condos and townhomes. 536 homes and condos were for sale on the day of publication. The live Indian River County report carries today's figures; the city reports below break the county down.

About This Edition

  • Closed sales are residential sales with a closing date in September 2026, grouped by BeachesMLS property subtype: single-family homes, and condos and townhomes. Other residential subtypes count toward the totals only.
  • Month-over-month changes compare September 2026 with the month before. Year-over-year changes are compared with September 2025.
  • Inventory, months of supply, luxury and waterfront counts and rents describe the market on the publication day, not on the last day of the month.
  • Only sales recorded in BeachesMLS are counted. Where some agents in a county list with another multiple listing service, as happens on the Treasure Coast, the counts cover part of that county's market, so compare counties by their medians and direction more than by their totals.
  • Medians are not averaged across counties, so the region is described by its totals and by each county's own medians.
  • Cite this edition as: BreakThru Realty South Florida Housing Market Report, September 2026, BreakThru Realty Research, BeachesMLS data, published October 4, 2026.

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South Florida Housing Market, September 2026: Questions

How many homes sold in South Florida in September 2026?
6,265 residential sales closed in September 2026 across Miami-Dade, Broward, Palm Beach, Martin, St. Lucie and Indian River counties, according to BeachesMLS data compiled by BreakThru Realty Research. Miami-Dade County: 1,678; Broward County: 1,792; Palm Beach County: 1,864; Martin County: 268; St. Lucie County: 570; Indian River County: 93.
What was the median home price in South Florida in September 2026?
BreakThru Realty reports medians by county and by property type rather than one regional figure, because the counties' markets differ too much to average. In September 2026 the median single-family sale was $695,000 in Miami-Dade County, $645,000 in Broward County, $710,000 in Palm Beach County, $642,500 in Martin County, $400,000 in St. Lucie County, $390,000 in Indian River County.
How is this report different from the county housing market reports?
The county and city housing market reports update every day and always show the market today. The monthly report freezes one month's figures when it is published, so each edition can be cited and compared with the ones before it.
Who publishes the South Florida Housing Market Report?
BreakThru Realty Research, the market research of BreakThru Realty, a South Florida real estate brokerage. The methodology and the written guidance are reviewed by Tyson E. Sam, founder and broker of record. The figures are computed from BeachesMLS and never edited by hand.