INVENTORY CLIMBS AS PRICES HOLD FLAT IN BROWARD COUNTY
Just in! October 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’s single-family market in October showed a mix of steady pricing and growing activity. Closed sales edged up to 1,037, a 3.6% increase from October 2024. The average sale price held almost flat at $801,137 (up 0.4%), pushing dollar volume to about $830.8 million, a 4% increase over last year.
At the same time, inventory kept building. Active listings climbed to 5,364 homes, a nearly 12% jump year-over-year, and months’ supply of inventory rose to 5.5 months, up 17% from last October, showing a more market. New listings ticked up 3.3% to 1,512, while new pending sales surged 18.4% to 1,119, signaling that buyers are still active but have more options to choose from. Homes are also taking longer to go under contract and close, giving buyers more time to decide and putting pressure on sellers to price strategically.
“We’re seeing Broward move closer to a balanced market,” says Jonathan Lickstein, President of the Broward, Palm Beaches & St. Lucie Realtors®. “Inventory is up, homes are taking a bit longer to sell, and prices are essentially flat year-over-year. That gives buyers more room to compare options and negotiate, but it also means sellers need a smart pricing strategy from day one. A local Realtor® understands the trends street by street and can help you navigate this market 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