Quarterly report · Q3 2026
Q3 2026 at a glance: residential data through September, mortgage rates through September 24, and the latest commercial and development figures published for each source.
Real data · sources citedResidential
Median price · Single-family
by month, Q3 2026
Closed sales · Single-family
by month, Q3 2026
Median price · Condos & townhomes
by month, Q3 2026
Closed sales · Condos & townhomes
by month, Q3 2026
Sep 2026 vs Sep 2025
| Market | Median Sep 26 | Median Sep 25 | Chg. | Sales Sep 26 | Sales Sep 25 | Chg. | Months of inventory (Sep 25) |
|---|---|---|---|---|---|---|---|
| Miami-Dade · Single-family | $692,000 | $665,000 | +4.1% | 824 | 865 | -4.7% | 5.1 (6.5) |
| Miami-Dade · Condos & townhomes | $417,090 | $420,000 | -0.7% | 909 | 904 | +0.6% | 12.3 (14.0) |
| Broward · Single-family | $641,500 | $626,500 | +2.4% | 974 | 1,048 | -7.1% | 4.2 (5.4) |
| Broward · Condos & townhomes | $235,000 | $275,000 | -14.5% | 851 | 973 | -12.5% | 10.2 (11.6) |
Mortgage rates
Mortgage rates
30-year and 15-year fixed, weekly (US)
Mortgage rates
The 30-year rate rose about 60 bp, from 6.43% on Jul 2 to 7.03% on Sep 24.
| Week | 30-yr | 15-yr |
|---|---|---|
| Jul 2 | 6.43% | 5.79% |
| Aug 13 | 6.67% | 5.96% |
| Sep 3 | 6.71% | 6.04% |
| Sep 24 | 7.03% | 6.42% |
Commercial
Commercial
Figures come from different brokerages with different definitions and periods; they are shown side by side, not averaged. Latest retail data available is Q2 2026.
| Segment | Source | Period | Vacancy / availability | Asking rent |
|---|---|---|---|---|
| Office · Miami-Dade | Cushman & Wakefield | Q3 2026 | 13.9% vacancy | $67.77/sf |
| Office · Miami-Dade | Savills | Q3 2026 | 14.6% availability (-1.2 pp YoY) | $68.50/sf/yr (+8.4% YoY) |
| Office · Miami | CBRE | Q3 2026 | Vacancy -20 bp QoQ, -90 bp YoY | Rents +2.2% QoQ, +10.0% YoY |
| Industrial · Miami | Cushman & Wakefield | Q3 2026 | 5.6% vacancy (-70 bp QoQ, -40 bp YoY) | $15.16/sf net (-8.5% YoY) |
| Retail · Miami | Cushman & Wakefield | Q2 2026 | 3.0% vacancy | $44/sf |
| Retail · Fort Lauderdale | Cushman & Wakefield | Q2 2026 | 5% vacancy | $35/sf |
| Retail · Broward | Cushman & Wakefield | Q2 2026 | 4.1% vacancy (+10 bp) | n/a |
Development
Questions about the market?
Talk to our team about residential, commercial and new developments in South Florida.
Contact usSources: MIAMI REALTORS + RWorld and Florida Realtors (residential); Freddie Mac PMMS (mortgage rates); Cushman & Wakefield, CBRE, Savills (via Commercial Observer) (commercial); LuxuryDade Development Watch (condo pipeline).
Data as of October 26, 2026. For informational purposes only.
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