BROWARD COUNTY INVENTORY CLIMBS AS SALES COOL
Just in! May 2025 reports have been released detailing recent real estate activity in Broward County. The reports compare year-over-year data. Here are statistics on single-family homes.
In May, Broward County saw a 34.5% increase in active listings, bringing the total inventory to 5,862 homes. With months’ supply of inventory rising to 5.9, the market is heading toward balance, giving buyers more leverage. Despite this influx, closed sales fell 11.1% year-over-year, with 1,110 homes sold versus 1,249 in May 2024. Notably, the median sale price remained unchanged at $625,000, suggesting that although sales volume is down, home values are holding steady for now.
“We’re seeing a shift in Broward County,” says President of the Broward, Palm Beaches & St. Lucie Realtors® Jonathan Lickstein. “With higher inventory and slower sales, today’s market rewards buyers who do their research and sellers who price smart. Working with a local Realtor® ensures you get expert guidance whether you're listing or looking.”
Contact a local Realtor® today – we serve as your personal resource to the communities where we live, work, and play, providing local expertise on amenities, neighborhoods, and so much more. Learn more on how Realtors® can serve your needs at OnlyARealtor.com.
View Reports: Single Family | Townhomes/Condos
About Broward, Palm Beaches & St. Lucie Realtors®
Broward, Palm Beaches and St. Lucie Realtors® is South Florida’s premier REALTOR association. More than 42,000 members in eight locations are equipped to sell real estate along 130 miles of coastline in South Florida and the Treasure Coast. Broward, Palm Beaches, St. Lucie Realtors® work to enhance its members' ability and opportunity to conduct business professionally, ethically and profitably throughout their career. As the third largest local association in the nation, the association empowers members as leaders and influencers in the industry and community. Broward, Palm Beaches and St. Lucie Realtors® is the local chapter of the National Association of REALTORS® To learn more visit, RWorld.com