Data Analysis

Redfin reported Tampa new listings rose 9.7 percent and Orlando 8.9 percent from a year earlier during the four weeks ending September 6, 2026, while West Palm Beach pending sales rose 5.9 percent.

Three Florida metros placed among the five largest year-over-year gains in their categories out of the 50 most populous U.S. metros. Nationally, pending sales fell 2.1 percent from a year earlier and the typical monthly mortgage payment reached a 14-month high of $2,641.

Redfin reported that Tampa recorded a 9.7 percent year-over-year increase in new listings and Orlando an 8.9 percent increase during the four weeks ending September 6, 2026, two of the five largest increases among the 50 most populous U.S. metros. West Palm Beach posted a 5.9 percent year-over-year increase in pending sales, also among the five largest in that group. Nationally, the median home-sale price rose 2.2 percent from a year earlier to $398,637, pending home sales fell 2.1 percent year over year, and the typical homebuyer's monthly mortgage payment hit a 14-month high of $2,641.

Which Florida metros appeared in Redfin's data this week?

Three, each in a different category, and each in a list of five.

West Palm Beach was one of the five metros with the largest year-over-year increases in pending sales, at 5.9 percent. The four ahead of it were Milwaukee at 10.9 percent, Warren, Michigan at 8.2 percent, Boston at 7.8 percent and San Francisco at 6.5 percent.

Tampa and Orlando both appeared on the list of metros with the largest year-over-year increases in new listings, Tampa at 9.7 percent and Orlando at 8.9 percent. Nashville led that list at 18.5 percent, followed by San Jose at 10 percent. Anaheim rounded it out at 9.3 percent.

No Florida metro appeared on Redfin's lists of the five largest year-over-year increases or decreases in median sale price, and none appeared on the list of the five largest decreases in pending sales or new listings. Redfin states that its metro-level rankings data covers the 50 most populous U.S. metros, which in Florida means Miami, Fort Lauderdale, West Palm Beach, Tampa, Orlando and Jacksonville.

What does more inventory in Tampa and Orlando mean?

New listings measure homes newly put up for sale, not homes available. A 9.7 percent year-over-year increase in Tampa says more sellers listed during those four weeks than during the same four weeks of 2025. It does not by itself say what happened to prices, to sales volume, or to how long homes are taking to sell in either metro.

For scale, Redfin's national data table puts the year-over-year increase in new listings at 2.1 percent for the same period. Tampa's increase is roughly four and a half times that rate and Orlando's roughly four times.

Both directions matter here. Sellers arriving in numbers tends to hand negotiating room to the buyers who are still active, which is the dynamic Redfin's report describes nationally. It also means the metro is absorbing more supply, and whether that supply clears depends on demand that these two figures do not measure.

Why are pending home sales falling nationally?

Pending sales were down 2.1 percent from a year earlier nationally and were, in Redfin's words, "essentially flat (+0.1%) from a week earlier."

The metro spread is wide. Seattle recorded the largest year-over-year decline at 15.6 percent, followed by Denver at 11.8 percent, Houston at 11.4 percent, Atlanta at 11.3 percent and San Diego at 10.4 percent. Against declines of that size, West Palm Beach's 5.9 percent increase describes a market moving in the opposite direction from several large Sun Belt and West Coast metros.

Redfin attributes the national pattern to cost. The report is titled "High Costs Sideline Some Would-Be Homebuyers, Handing Upper Hand to Those Who Stay in the Market," and the payment figure is the clearest version of that. The typical U.S. homebuyer's monthly mortgage payment reached $2,641 during the four weeks ending September 6, a 14-month high and 2.8 percent higher than a year earlier. Redfin calculates that figure at a 6.71 percent mortgage rate.

What is the typical buyer paying now?

The $2,641 payment uses the 6.71 percent weekly average that was in effect during the measured period. Freddie Mac's survey for the week ending September 10, published the same morning as this Redfin report, put the 30-year fixed-rate average at 6.76 percent, five basis points higher. Next week's payment figure will reflect that.

Other national measures in the same report: the share of homes selling above asking price was 25.5 percent, up from 24.9 percent a year earlier, and the median time on market was 46 days, one day longer than a year ago. A market where a quarter of homes still clear above asking while typical days on market drift longer is a market splitting by property and by price band rather than moving as one.

What this data does not tell you about Florida

Miami, Fort Lauderdale and Jacksonville are in the 50 metros Redfin ranks and appeared on none of this week's six lists. That is not a statement that their figures were flat. A top-five list only reports its top five, so a metro can move meaningfully and still not appear. Nothing about the median sale price, pending sales or new listings in those three metros can be inferred from this release.

The same caution applies to the three Florida metros that did appear. Tampa's 9.7 percent new-listings increase is a fact about new listings in Tampa during those four weeks and says nothing about Tampa prices, which did not appear on either price list.

Market-level detail is on our hub pages for Tampa, Orlando, West Palm Beach, Miami, Fort Lauderdale and Jacksonville, and statewide coverage is on the Florida housing hub.

Limitations

Redfin's weekly housing market data covers four weeks ending September 6, 2026, and its metro-level rankings cover the 50 most populous U.S. metros. The Florida geographies in that set are metropolitan statistical areas, which are broader than city limits and do not match county boundaries. A metro figure is not a city figure.

The national new-listings figure of 2.1 percent and the median asking price appear in Redfin's data table rather than in the text of the report. Redfin's previous weekly report, covering the four weeks ending August 30, stated a median asking price of $392,828 at 0.1 percent below a year earlier, while this week's table shows $398,584 at 1.1 percent above a year earlier and labels it seasonally adjusted. Those two readings are not consistent with each other on their face, so the asking-price series is not used in this article beyond this note.

Weekly and four-week housing data is volatile and subject to revision. Pending sales measure contracts signed, not closed transactions, and a share of pending sales fall through. New listings measure homes newly listed, not total inventory available.

All figures in this article come from Redfin's own report except the Freddie Mac rate, which is cited to Freddie Mac. No figure has been adjusted, combined or recalculated.

Sources

Redfin, "High Costs Sideline Some Would-Be Homebuyers, Handing Upper Hand to Those Who Stay in the Market," Dana Anderson, September 10, 2026, covering the four weeks ending September 6, 2026, redfin.com/news.

Freddie Mac, Primary Mortgage Market Survey, week ending September 10, 2026, freddiemac.com/pmms.

Disclosure: Jon Brooks is a co-founder of Momentum Realty, a Florida real estate brokerage that owns and funds Florida Housing Intelligence. Momentum has a financial interest in Florida real estate transactions, including in markets named here. See our editorial standards.