Florida real estate
Sales rising, inventory falling, state association reports.
Home for sale in Marion County. [Photo courtesy realtor.com]
The Florida Realtors Association’s April 2026 market report shows that statewide the median single-family home sale price was $420,000, a 1.8% increase from April of 2025. Townhouse and condominium median sales prices were reported at $315,000, which is no change from last April.
The statewide active listing inventory for single-family homes was 101,024, a 13.7% decrease from last year. Statewide inventory for condos and townhomes was reported at 67,521, a 13.6% decrease from last April.
Brad O’Connor, senior economist for the Florida Realtors, a statewide agents’ reporting and professional trade association, said, “… closed sales of single-family homes in Florida were up year over year for the eighth consecutive month in April, this time rising by nearly 2.5%. That’s the smallest year-over-year percent increase we’ve observed during our eight-month streak.”
“April’s new pending sales, here we see an 8% year-over-year increase, which is more than double the increases we saw in each of the previous two months. As a result, I think we can be pretty confident that our run of rising closed sales will continue into May and likely June,” O’Connor said.
Single-family market
Ocala/Marion County’s April median sale price reported for single-family homes was $285,000, a 7.6% increase from 2025.
“Compared to a year ago, we ended April with almost 14% fewer single-family homes on the market. At this juncture, our active inventory of single-family homes is only a little over 7% higher than it was at this time in 2019,” O’Connor said, and noted that lower inventory typically creates higher prices.
The association reported the supply of single-family existing homes statewide stood at 4.7-months’ supply, a 16.1% decrease from last April.
“Months’ supply inventory is a useful indicator of market conditions,” the report stated. “The benchmark for a balanced market (favoring neither buyer nor seller) is 5.5 months of inventory. Anything higher is traditionally a buyers’ market, and anything lower is a sellers’ market.”
Statewide, the number of cash sales for single-family homes increased by 3.2%, with a total of 6,889, which was just over 28% of all sales.
“Cash sales can be a useful indicator,” the report stated, “of the extent to which investors are participating in the market. Investors are far more likely to have the funds to purchase a home available up front, whereas the typical homebuyer requires a mortgage or some other form of financing.”
Ocala/Marion County reported 821 single-family home closings, a 1.4% decrease from last April.
Townhouses and condos
The Ocala/Marion County townhouse and condo median sales prices came in at $179,950, a 2.1% decrease from last April. A total of 44 closed sales were reported.
“While we didn’t match March’s 12% increase in this category, we were still up by just about 7% year over year in April. And that’s more than double what the percentage increase was for single family homes, which is a continuation of a trend we’ve seen for a while now,” O’Connor said. “Remember, a number of safety regulations for condos were enacted three years ago and initially these had a negative impact on sales in this category due to rising condo fees and difficulties in the mortgage and insurance markets. But we made it through that initial adjustment period and now the condo market is starting to make up some of the ground it lost relative to the single-family market.”
Statewide, existing condo-townhouse properties were at an 8.9-months’ supply in April, a decrease of 13.6% from April 2025, with reported total active listings of 67,521. For the sector, the number of cash sales increased by 7.6% to 5,091 and represented more than 54% of the market.
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