Closed sales of single-family homes across Florida during January totaled 16,298, up 5.9% from one year earlier, while existing condo-townhouse sales totaled 6,084, up 5.1% year-over-year.
According to data from Florida Realtors, new pending sales during January increased year-over-year for both existing single-family homes, up 15.2%, and for condo-townhouse properties, up 16.9%. This marked the sixth consecutive month for year-over-year increases in new pending sales for both property categories.
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. For condo-townhouse units, the median sales price was $305,000, down 2.4% compared to one year before.
The supply of single-family existing homes was at a 5.2-months’ supply while existing condo-townhouse properties were at a 9.7-months’ supply last month.
“In addition to seeing more January closings across Florida than in recent years, we saw a lot more homes come onto the market, as well,” said Florida Realtors Chief Economist Brad O’Connor. “Our data only go back to 2008, but last year, January new listings were at an all-time high over that time span in both property type categories. As of now, though, the crown for most January new listings belongs to 2026. Looking at the single-family home category, new listings were up 7% compared to a year ago, while new listings of condos and townhouses in were up by 2.7%. It’s a strong start, but it’s too early to draw definitive conclusions as to how this will carry over into the rest of the year.”
O’Connor added, “With buyers in a better position affordability-wise compared to a year ago, this year’s sellers may like what they see out there a little better than they did last year. These numbers are a good indication that a lot of sellers who listed even as recently as January have already found buyers this year. What’s important for the market overall is not so much how many people list their homes for sale so much as how many of those homes end up sitting for long periods of time without selling. Last year’s late surge in demand has carried over into January based on the new pending sales data, and if it persists, then many of these sellers are going to find buyers.”
