Property Trends for January 2026 – South Florida.
We have been looking at the local South Florida property trends for Boca Raton, Delray Beach, Lake Worth, and West Palm Beach. Data courtesy of Redfin.com housing market data.
People looking to relocate from within the USA to these areas are typically coming from New York NY, Washington DC, San Francisco CA and Boston MA, this data does not reflect actual people moving, but is based on about 2 million users who searched for property across 100 metro areas, as per Redfin
What about people out side the USA? Redfin has also compiled data on the number of Canadians looking to purchase across the USA, unfortunately it showed in 2025 that the tariffs imposed on Canadian goods also impacted the market and especially hit was West Palm Beach with a 26.6% drop, in property searches, in August 2025 year on year.
Florida has and still is a popular location for snowbirds from Canada and northern U.S. states to have second homes. But home buying demand has declined over the last several years, surging insurance, HOA and property-tax costs, along with an increase in natural disasters all have contributed to this.
Florida Realtors has released the data on overseas buyer countries. Miami-Ft. Lauderdale-West Palm Beach (45% of international buyers) is as popular with overseas buyers as ever.
| Florida’s top 5 buyer countries by sales | Florida’s top 5 international buyers by dollar volume |
| Canada (18% of international buyers) | Canada ($1.9 B) |
| Colombia (10%) | Colombia ($925 M) |
| Brazil (7%) | Brazil ($762 M) |
| Argentina (6%) | Argentina ($627 M) |
| United Kingdom (5%) | Mexico ($489 M) |
Summary of property data Palm Beach county
The table below summarizes the data based on each city. The market is overall down on last year with less properties being sold and those that are being soled remain on the market longer than the previous year.
Median Sales Price: This is the average sales priced based on last years data with the Year over Year % showing either an increase or decrease.
Homes Sold: This is the number of properties sold and the year over year percentage is how many it has increased or decreased.
Days on Market: Number of days before a property sells and the year on year difference, negative means sold quicker than previous year
Competitive Score: This is the Redfin competitive score, which rates the difficulty of buying a home in a specific city, neighborhood, or address on a scale of 0 to 100, with 100 being the most competitive. It helps users determine how likely they are to face bidding wars.
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Key Takeaways
- In January 2026, South Florida shows a decline in home buying demand due to rising costs and natural disasters.
- Canadians remain the top international buyers, but tariffs impacted their search activity, particularly in West Palm Beach.
- The property market in Palm Beach County sees longer selling times and fewer properties sold compared to last year.
- Miami-Ft. Lauderdale-West Palm Beach area attracts 45% of international buyers, maintaining high interest.
- Florida Realtors report shows a drop in overall sales, with a competitive score indicating market challenges.