BROWARD COUNTY SEES STEADY SALES AS BUYERS GAIN MORE OPTIONS
Just in! August 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.
Broward County’s housing market remained relatively stable in August, with closed sales holding steady year-over-year at 1,078 transactions (a slight dip from 1,081 in August 2024). Meanwhile, active listings continued to rise, increasing 15.5% to 5,846 homes, pushing the months’ supply of inventory up to 5.8. The median sale price was unchanged from last year, holding firm at $625,000, while homes are spending more time on the market. The median time to sale rose 11.1% to 80 days. Cash sales declined by 14.2%, a sign that more buyers are financing their purchases and shopping more carefully.
“We’re seeing more balance in Broward County’s market,” says President of the Broward, Palm Beaches & St. Lucie Realtors® Jonathan Lickstein. “With greater inventory and less competition, buyers are in a stronger position. It's a great time for first-time buyers to explore assumable loans, which can offer significant savings on interest. It is a powerful but often overlooked financing option. A local Realtor® can help you navigate these opportunities with confidence.”
Assumable loans let buyers take over the seller’s existing mortgage, including its lower interest rate, something many homeowners locked in before rates climbed. This can lead to major savings over time, particularly for first-time buyers concerned about affordability. While these loans aren’t available on every property, a local Realtor® can help you identify homes with assumable financing and guide you through the process with confidence.
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