Quarterly report · Q1 2026
A visual snapshot of the Miami-Dade and Broward markets in Q1 2026: residential (January to March), commercial and development. Retrospective edition prepared in October 2026.
Real data · sources citedResidential
Single-family median price
By month of the quarter
Single-family closed sales
By month of the quarter
Median sale price: March vs a year earlier
By county and property type
Closed sales: March vs a year earlier
By county and property type
30-year fixed mortgage rate
Freddie Mac weekly average. Seven weekly readings found for the quarter.
Commercial
Vacancy by source
Each bar is a different source; they are not averaged because they measure different universes.
Commercial detail
Vacancy, asking rent and the source of each figure
| Segment | County | Source | Period | Metric | Value | Asking rent ($/sq ft/yr) | Rent basis |
|---|---|---|---|---|---|---|---|
| Office | Broward | Berger | Q1 2026 | Vacancy | 10.3% | $42.38 | Asking |
| Office | Miami-Dade | Avison Young | Q1 2026 | Vacancy | 14.3% | — | — |
| Office | Broward | Avison Young | Q1 2026 | Vacancy | 15.9% | — | — |
| Industrial | Miami-Dade | Colliers | Q1 2026 | Vacancy | 7.1% | — | — |
| Industrial | Miami-Dade | CBRE | Q1 2026 | Vacancy | 6.8% | — | — |
| Industrial | Broward | Cushman & Wakefield | Q1 2026 | Vacancy | 5.4% | — | — |
| Industrial | Broward | Newmark | Q1 2026 | Vacancy | 5.8% | — | — |
| Industrial | Broward | Colliers | Q1 2026 | Vacancy | 7.2% | — | — |
| Retail | Miami-Dade | Colliers | Q1 2026 | Vacancy | 3.3% | $41.28 | NNN |
| Retail | Broward | Colliers | Q1 2026 | Vacancy | 4.2% | — | — |
Development
Pipeline indicators
What is under construction or recently delivered, by sector
| Sector | Indicator | Value | Source | Period |
|---|---|---|---|---|
| Retail · MD | Under construction | 838,000 sq ft | Colliers | Q1 2026 |
| Retail · MD | Delivered in the quarter | 15,000 sq ft | Colliers | Q1 2026 |
| Industrial · MD | New supply in the quarter | 1.4M sq ft | Colliers | Q1 2026 |
| Office · BR | Under construction | 350,000 sq ft | Colliers | Q1 2026 |
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); Colliers, Berger Commercial, Newmark, Cushman & Wakefield, CBRE and Avison Young (commercial and pipeline). Broward single-family data for January was not found, so it is missing from the monthly charts. Condo medians for March were not available for Miami-Dade. Only seven weekly mortgage readings were found for the quarter. Cushman & Wakefield, CBRE (Miami-Dade industrial) and Avison Young figures come from secondary sources. Commercial sources use different methodologies, so all are shown rather than an average. Retrospective edition prepared in October 2026. Informational purposes only; not investment advice.
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