MOMENTUM MARKET PULSE™South Florida · September 2026
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Momentum Realty
MOMENTUM MARKET PULSE™INDEPENDENT HOUSING RESEARCH
South Florida · Monthly Report

September 2026 Market Pulse

Jon Brooks
Jon Brooks
Co-Founder, Momentum Realty · Housing Market Analyst · jon@movewithmomentum.com
MIAMI MLS (SEFMLS) · September 2026
Computed from closed records through 2026-10-07
Median sold · all
$449,950
monthly median
Same-home appreciation
n/a
insufficient pairs
Days on market
50
list → close, median
New contracts (September)
n/a
pipeline steady
Months of supply
n/a
buyer-leaning
Sold over list
7%
buyer competition
38out of 100MARKET SCORE▮ August*: 38 ▬ 0

Balanced, soft · Steady

A single 0-100 read of seller vs. buyer advantage, blending months of supply, days on market, the share selling over list, and the share of active listings cutting price. September: unchanged prices year over year, leading indicators steady. Unchanged from August (38). *August is estimated from that month's closed sales with supply and price-cut inputs held at current readings; from next month, prior scores are the published ones.

Speed 53Over-list 23
Jon Brooks
Co-Founder, Momentum Realty · Housing Market Analyst
jon@movewithmomentum.com
Published October 7, 2026
by Momentum Housing Research
MIAMI MLS (SEFMLS) data · closings through 2026-10-07
MOMENTUM MARKET PULSE™South Florida · September 2026
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Executive summary

The signature finding

More sales, prices unchanged — September in one line.

The median was $449,950 (n/a YoY) and $/sq ft n/a; Closings unchanged YoY; new contracts unchanged.

$449,950
Median price — unchanged YoY
n/a
New contracts vs a year ago — the pipeline is building
n/a
Of current active listings have cut their price (point-in-time, as of 2026-10-07)

Five biggest surprises

MOMENTUM MARKET PULSE™South Florida · September 2026
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The market in eight charts

Median price · 25 years

Median price 25 years$444K$450K$456K$462K$450K26-0526-0626-0726-0826-09
$449,950 — unchanged vs September 2025.

New contracts per month · leading indicator

n/a in September, n/a YoY — demand steady.

Appreciation — four measures

Constant-mix reweights this month by the prior year price tiers.

Median price change by county · YoY

Palm Beach leads on volume; Palm Beach leads on growth.

Days on market · 12 months

Days on market 12 months50d51d51d52d50d26-0526-0626-0726-0826-09
50 days — unchanged than a year ago.

Share of sales by price tier · 25 years

20262026202620262026<$200K$200-400K$400-600K$600K+
$600K+ is 33% of sales — the upmarket shift that moves the median.

Affordability · monthly payment for the median home

Monthly payment$2,349$2,380$2,412$2,444$2,38326-0526-0626-0726-0826-09
$2,383/mo at 6.95% (20% down, 30-yr), YoY.

Share of closings over list price · 25 years

Sold over list, 25 years7%7%7%7%7%26-0526-0626-0726-0826-09
7% of September closings sold over the original asking price.
MOMENTUM MARKET PULSE™South Florida · September 2026
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Neighborhood heat map (by ZIP)

33069 - 66 days33306 - 57 days33023 - 22 days33009 - 76 days33950 - 76 days34120 - 56 days34974 - 48 days33908 - 77 days33931 - 120 days33919 - 65 days33972 - 49 days33922 - 101 days33469 - 32 days33014 - 48 days33016 - 18 days33175 - 30 days33177 - 39 days33133 - 47 days33145 - 48 days33161 - 26 days33165 - 26 days33160 - 104 days33139 - 82 days33418 - 51 days33432 - 68 days33436 - 46 days33445 - 28 days33417 - 50 days33428 - 32 days32409 - 40 days33441 - 44 days33331 - 32 days33308 - 56 days33311 - 49 days33025 - 42 days33027 - 55 days34114 - 85 days34112 - 68 days34113 - 92 days34119 - 64 days33936 - 44 days33916 - 76 days33905 - 52 days33907 - 58 days33971 - 58 days33478 - 49 days33033 - 42 days33187 - 68 days33186 - 32 days33155 - 36 days33135 - 57 days33130 - 70 days33166 - 60 days33180 - 86 days33498 - 23 days33401 - 44 days33406 - 41 days33484 - 44 days33483 - 72 days33403 - 37 days33408 - 70 days34986 - 58 days34952 - 48 days34982 - 60 days34947 - 43 days32401 - 35 days33314 - 55 days33327 - 56 days33076 - 26 days33073 - 32 days33442 - 52 days33332 - 36 days33316 - 83 days33021 - 49 days33065 - 30 days33982 - 59 days34108 - 91 days32446 - 50 days33991 - 51 days33914 - 56 days33990 - 43 days33030 - 40 days33035 - 47 days33184 - 16 days33178 - 52 days33125 - 38 days33174 - 34 days33127 - 52 days33189 - 53 days33037 - 99 days33446 - 46 days33415 - 37 days33405 - 38 days33412 - 47 days33433 - 32 days33413 - 40 days34987 - 66 days34945 - 62 days34984 - 40 days32404 - 71 days32408 - 74 days33324 - 36 days33062 - 73 days33060 - 55 days33315 - 65 days33028 - 26 days34102 - 113 days34110 - 94 days33852 - 80 days32968 - 36 days32960 - 62 days33909 - 50 days33974 - 56 days33924 - 146 days33956 - 96 days34956 - 45 days33018 - 42 days33185 - 34 days33158 - 34 days33170 - 42 days33150 - 36 days33126 - 44 days33137 - 77 days33054 - 36 days33169 - 45 days33172 - 41 days33141 - 83 days33496 - 24 days33426 - 42 days33463 - 34 days33472 - 48 days33461 - 48 days33477 - 54 days34950 - 39 days32456 - 109 days33312 - 46 days33304 - 72 days33020 - 54 days33323 - 34 days33351 - 33 days34145 - 74 days34109 - 77 days34117 - 48 days34134 - 112 days33904 - 46 days33903 - 78 days33913 - 62 days34994 - 45 days33458 - 24 days33182 - 48 days33142 - 42 days33167 - 36 days33179 - 64 days33056 - 30 days33140 - 92 days33129 - 57 days33131 - 94 days33190 - 53 days33407 - 46 days33434 - 27 days33486 - 24 days33437 - 47 days33404 - 72 days34946 - 18 days32428 - 48 days32466 - 46 days32407 - 61 days32444 - 48 days33328 - 34 days33330 - 51 days33319 - 53 days33071 - 23 days33063 - 41 days33029 - 40 days33955 - 54 days33935 - 106 days32963 - 102 days33928 - 62 days34135 - 66 days34997 - 43 days34996 - 56 days34957 - 62 days33181 - 108 days33132 - 61 days33154 - 85 days33487 - 57 days33435 - 61 days33444 - 40 days33460 - 37 days33409 - 47 days34983 - 40 days34953 - 33 days32405 - 54 days32413 - 73 days33326 - 39 days33325 - 30 days33309 - 43 days33334 - 48 days33067 - 21 days33026 - 34 days33024 - 39 days33317 - 30 days33301 - 70 days33313 - 59 days33305 - 62 days33066 - 62 days33019 - 66 days33004 - 70 days33952 - 46 days33917 - 50 days34103 - 113 days34104 - 60 days34116 - 27 days32967 - 58 days32966 - 49 days33966 - 66 days33957 - 168 days33976 - 58 days33912 - 67 days33455 - 36 days33010 - 21 days33012 - 30 days33196 - 38 days33013 - 42 days33176 - 39 days33146 - 44 days33138 - 60 days33134 - 58 days33055 - 25 days33032 - 40 days33050 - 133 days34972 - 37 days33470 - 36 days33449 - 26 days33431 - 46 days33462 - 44 days33467 - 38 days33410 - 38 days34951 - 67 days33064 - 48 days33068 - 34 days33322 - 51 days33321 - 56 days34142 - 83 days34105 - 66 days33440 - 62 days32425 - 43 days32958 - 46 days32962 - 40 days33967 - 45 days33993 - 57 days33901 - 42 days33920 - 48 days34990 - 49 days33015 - 40 days33031 - 56 days33034 - 52 days33157 - 50 days33193 - 34 days33183 - 60 days33156 - 48 days33173 - 42 days33143 - 45 days33147 - 33 days33149 - 60 days33144 - 28 days33168 - 34 days33162 - 54 days33411 - 42 days33414 - 40 days33480 - 109 days33473 - 29 days34949 - 82 days32459 - 52 days33069333063302333009339503412034974339083393133919339723392233469330143301633175331773313333145331613316533160331393341833432334363344533417334283240933441333313330833311330253302734114341123411334119339363391633905339073397133478330333318733186331553313533130331663318033498334013340633484334833340333408349863495234982349473240133314333273307633073334423333233316330213306533982341083244633991339143399033030330353318433178331253317433127331893303733446334153340533412334333341334987349453498432404324083332433062330603331533028341023411033852329683296033909339743392433956349563301833185331583317033150331263313733054331693317233141334963342633463334723346133477349503245633312333043302033323333513414534109341173413433904339033391334994334583318233142331673317933056331403312933131331903340733434334863343733404349463242832466324073244433328333303331933071330633302933955339353296333928341353499734996349573318133132331543348733435334443346033409349833495332405324133332633325333093333433067330263302433317333013331333305330663301933004339523391734103341043411632967329663396633957339763391233455330103301233196330133317633146331383313433055330323305034972334703344933431334623346733410349513306433068333223332134142341053344032425329583296233967339933390133920349903301533031330343315733193331833315633173331433314733149331443316833162334113341433480334733494932459Faster ← slower to sell (days on market)16d168d+

Where homes sell fastest · All residential, July 2026–September 2026

Every ZIP in the MIAMI MLS (SEFMLS) footprint with 15+ all residential closings in the last three months, shaded by days on market — deep teal is fastest, amber slowest. Miami ZIPs run hot; Sanibel is the slow end.

Hottest — fastest & most competitive

ZIP · citySalesDOMOverMedian
33184 · Miami221623%$672,500
33016 · Hialeah61188%$325,000
34946 · Fort Pierce301813%$272,206
33067 · Parkland852111%$815,000
33010 · Hialeah28214%$432,500
33023 · Miramar1122229%$470,000
33071 · Coral Springs1182312%$660,000

Coolest — slowest to sell

ZIP · citySalesDOMOverMedian
33957 · Sanibel661680%$887,500
33924 · Captiva161460%$1,105,000
33050 · Marathon151337%$980,000
33931 · Fort Myers Beach821202%$465,000
34103 · Naples951133%$1,100,000
34102 · Naples851131%$2,700,000
34134 · Bonita Springs1321125%$699,500
ZIP boundaries: U.S. Census ZCTA. Tables cover ZIPs with ≥15 all residential closings in the trailing three months.
MOMENTUM MARKET PULSE™South Florida · September 2026
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Demand & the contract pipeline

Active-under-contract and pending are tracked separately — AUC deals are contingent and can fall through; pending have cleared contingencies. The leading signal, new contracts, is unchanged YoY. And n/a of active listings have already cut price.

All residential pipeline, September 2026

StageCountWhat it means
Active (available)n/aListed, not under contract
Active under contractn/aContingent — still taking backups
Pendingn/aContingencies cleared — headed to closing
New under contract in Septembern/aBy contract date — unchanged YoY
Months of supplyn/aActive ÷ monthly closings — buyer-leaning

Listings failing to sell — over time

Pull rate — % of listings expired or withdrawn · by year

Share of listings leaving the market without closing.

In September, n/a listings expired, were withdrawn or canceled against n/a closings — roughly a n/a pull rate. A modest failed-listing share: most homes that list are finding a buyer.

Median vs. "sold twice" — what's the difference?

The median just averages whatever happened to sell that month: if a wave of larger, higher-end homes closes, it jumps even if no single house gained. Sold twice finds the identical house that sold 1-3 years ago and again in the last 12 months and compares the two prices — since it is the same home both times, and the hold is short, that gap is comparable with the 12-month median change.

MOMENTUM MARKET PULSE™South Florida · September 2026
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Rates & affordability

The 30-year fixed is about 6.95% (latest rate carried on our county pages), which puts the payment on the median all residential home at $2,383/month with 20% down. Cash buyers were n/a of September closings.

Rate: the figure our county scorecards carry (Freddie Mac PMMS via the national data lane). Payment: principal and interest only, 20% down, 30-year fixed.

What this means — for buyers & sellers

If you're buying

  • Move decisively on well-priced homes. 7% still sell over list and 50 days is the median wait.
  • Ask for concessions (rate buydowns, closing costs) — especially on new construction.
  • Don't wait for a crash. Same-home prices are unchanged; the market is steady.

If you're selling

  • Price correctly the first time. Homes that cut price sit; well-priced homes still go under contract in ~50 days.
  • Expect negotiation. 7% still sell over list, but the rest don't.
  • Condition matters more now. With buyers paying up, buyers pass on homes that need work.

By property type

Closed sales by property type, September 2026

This feed does not carry a property sub-type on closed records.

New construction was 64% of all residential closings.
MOMENTUM MARKET PULSE™South Florida · September 2026
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New construction

New construction · share of all residential sales (12-mo rolling)

Not enough history.

About one in 2 all residential sales is a brand-new home. The engine is the rate-lock: owners holding low-rate mortgages won't sell, so resale supply stays choked and builders fill the vacuum — buying the demand with incentives. It is the mix-shift from another angle: the market is increasingly selling newer homes, not just bigger ones.

County breakdown

All residential by county — "YoY" = year-over-year change in median price

CountyClosedMedianYoYvs 2022 peakDOMCash
Palm Beach1,898$510,000——39n/a
Broward1,839$450,000——46n/a
Miami-Dade1,717$570,000——52n/a
Lee1,500$348,500——52n/a
Collier701$599,999——69n/a
St Lucie544$379,994——51n/a
Bay426$335,000——64n/a
Martin206$464,145——38n/a
Indian River96$357,000——62n/a
Charlotte79$320,000——60n/a
Washington39$227,000——32n/a
Hendry39$280,000——90n/a
Median-price YoY swings on low volume in small counties. "vs 2022 peak" compares this month's median to each county's highest 2022 month.
MOMENTUM MARKET PULSE™South Florida · September 2026
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Price-band breakdown — sold, pending, active & new

All residential (single-family, condo & townhouse), MIAMI MLS (SEFMLS) region, computed from individual records. Sold is bucketed by closed price; pending counts listings still under contract by the month they went under contract (by list price); active and new listings are the current snapshot by list price.

Sold listings — this month & year-to-date

Price band20262025%chgYTDYTD-1%chg
Under 100,0002530—14240—
100,000-119,9991210—7040—
120,000-139,9991490—8720—
140,000-159,9991750—9610—
160,000-179,9992170—10590—
180,000-199,9992060—11380—
200,000-249,9996530—34490—
250,000-299,9997050—44580—
300,000-399,99915830—92310—
400,000-499,99912240—72180—
500,000-749,99919820—116490—
750,000-999,9997520—44500—
1,000,000+13160—81310—
Totals93360—547440—

Pending — contracts written in September still open

No pending snapshot.

Active listings — current for-sale inventory

No active snapshot.

Snapshot as of 2026-10-07 — 0 active residential listings.

New listings — came on market in September (still listed)

No active snapshot.

0 listings with a September on-market date still active at the snapshot.
MOMENTUM MARKET PULSE™South Florida · September 2026
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The numbers — all residential reference

September 2026 (MIAMI MLS (SEFMLS) region)

MetricSeptember 2026vs. September 2025vs. August 2026
Median sale price$449,950—+1.1%
Average sale price$761,196—+7.2%
Closed sales9,336—-4.3%
New contracts writtenn/a——
Median days on market50—-2.0%
Median $/sq ft$284—-0.2%
Received vs. original list94.1%—-0.0%
Received vs. final listn/a——
Closed over list price6.8%—-1.1%
Cash sharen/a——
All residential, MIAMI MLS (SEFMLS) region. Computed from 9,336 closed records, cleaned for entry errors. "New contracts" = closings by purchase-contract month plus contracts still pending. "Received vs. original list" vs the first asking price; the gap to final list is the pre-sale price cut.

Does the Score work? A 20-year back-test

We computed a closed-sales version of the Momentum Market Score every month back to 2005 (pace, over-list share and price-cut discipline), then measured what the median price actually did over the next six months. It bottomed at 25 in May 2026 and peaked at 25 in May 2026; today it reads 25.

Momentum Market Score · 2005–2026

0 = deep buyer's market, 100 = frenzy.

What happened next · avg 6-mo price change by Score tier

Higher Score → stronger forward price growth, tier by tier.
The live cover Score also blends months of supply and the active price-cut share, so the two differ slightly. Past performance is not a guarantee of future results.
MOMENTUM MARKET PULSE™South Florida · September 2026
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Momentum Forecast · next six months

Probability-weighted directional readings from this edition's leading indicators — new contracts (n/a YoY), active price cuts (n/a), days on market (unchanged YoY) and months of supply (n/a). The weights follow a fixed rule: an indicator moving strongly in one direction (10%+ YoY) is given 65/25/10; a moderate move 55/30/15; a weak or absent move 45/35/20. Each row sums to 100%.

Median priceheadline, YoY
● 50% Flat, within 2%    ● 30% Up 2%+    ● 20% Down 2%+
● Most likely   ● Alternative   ● Tail risk    Directional model for discussion — not investment advice.

Methodology & the Momentum Market Pulse™

The Momentum Market Pulse™ is an independent monthly research product. All market figures are computed by Momentum Realty directly from individual MIAMI MLS (SEFMLS) closed records (not a third-party dashboard), for all residential homes in the Miami-Dade and Broward counties region unless noted, cleaned for data-entry errors and de-duplicated by listing ID. Medians throughout. "Same-home appreciation" matches repeat sales of the same parcel across the 25-year archive: second sale in the trailing 12 months, first sale 1-3 years earlier so the figure is comparable with a 12-month median change (median annualized change); owners who bought 5+ years ago are reported separately. "Constant-mix" reweights this month's price-tier medians by last year's tier shares. "New contracts" count closings by purchase-contract month (estimated from on-market date plus days on market where the feed omits the contract date) plus contracts still pending at the snapshot; inventory stages are point-in-time as of the pull. "Failed to sell" counts listings that left the market expired, withdrawn or canceled against those that closed. The Market Score (0-100) equally weights months of supply, days on market, the share selling over list, and the share of active listings cutting price. Late-reported closings keep arriving for several weeks; the edition is refreshed in place. Aggregates only; no individual listing is identified. Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS®. Information is deemed reliable but not guaranteed. Momentum Realty is a licensed Florida and Georgia brokerage; this report is market information, not an appraisal or investment advice. © 2026 Move With Momentum LLC · movewithmomentum.com · (904) 351-6461.

Every market, every month

Momentum publishes this same report for every MLS market we cover in Florida and Georgia. September 2026 editions: Northeast Florida · Central Florida · Palm Beaches · Daytona Beach · Space Coast · Pensacola · Emerald Coast · Panama City · Southwest Florida · Florida Keys · Golden Isles · Georgia. Find any city, county or ZIP at movewithmomentum.com/reports.