Our market saw slower sales, longer days on market, and rising prices.
The South Florida real estate market had its ups and downs in Q4 2025. Sales slowed, homes sat on the market longer, and inventory grew. However, prices still climbed, and some areas performed better than others. While overall closed sales and pending deals dropped, team sales bucked the trend with a strong increase. Here's everything you need to know about the market's performance last year as we look forward to 2026:
Overall MLS sales. In the fourth quarter of 2025, South Florida experienced a 7.9% drop in overall closed sales. However, our Tricoli team saw a 21.4% increase in sales, outperforming the market by nearly 30%.
"January brought new listings, but buyer activity slowed due to weather delays."
Pending sales and market slowdown. Pending sales dropped 26.4%, with November and December being particularly slow. Our team’s pending sales were down 6.2%, but still outperforming the market by 20%.
Days on the market and price trends. Homes are taking longer to sell, with the average days on the market up 70% to 53 days compared to last year. The median sales price increased by 4% to $466,000, indicating that well-maintained homes are selling better than outdated ones.
Inventory levels and buyer’s market. Active listings were up by 39%, at 43,821, with new listings increasing by 2.25%. The months of inventory for single-family homes was around five months, pointing to a more balanced market. Condos and townhomes had 10 months of inventory, clearly leaning toward a buyer’s market for those properties.
In January, we saw a significant number of new listings, though buyer activity was slower due to weather delays. As we move into late January and early February, more buyers are beginning to come in, especially from the Northeast. For more information about your community or how the market is affecting your home, feel free to reach out. You can contact me at (561) 628-0299 or send an email to jeff@tricoliteam.com. I look forward to hearing from you.