After nearly a year of improving home sales, Florida’s housing market hit a speed bump in August. But the latest numbers look more like a market leveling off than one taking a significant turn for the worse.
In the August 2026 Florida Realtors® Market Update, we look at how higher mortgage rates are affecting sales, why inventory continues to tighten and how home prices are holding up across the state.
⏱️ Chapters
00:00 – August market hits a speed bump
00:25 – How mortgage rates changed the sales picture
01:00 – Why higher rates are slowing growth
01:50 – Single-family sales streak comes to an end
02:12 – Condo and townhouse sales
02:33 – What to expect in the months ahead
02:51 – Florida migration and buyers returning to the market
03:11 – Single-family inventory falls 13%
03:33 – Condo and townhouse inventory tightens
03:43 – Why home prices are holding up
03:51 – Single-family median price reaches $415K
04:03 – Condo/townhouse median price reaches $298K
04:12 – Is Florida’s housing market changing direction?
04:33 – Find your local market data with SunStats
#FloridaRealEstate #FloridaHousingMarket #FloridaRealtors #HousingMarket #RealEstateMarket #MarketUpdate #HousingTrends #RealEstateNews #HomePrices #MortgageRates #FloridaHomes #RealtorLife
