BROWARD COUNTY HOME SALES RISE AS PRICES SOFTEN AND BUYERS GAIN MORE ROOM TO NEGOTIATE
Just in! March 2026 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 single-family home market posted modest growth in March, with closed sales rising 3.3% year-over-year to 1,097 transactions. The increase shows buyers are still active in the market even as affordability pressures and broader housing costs continue to shape decision-making across South Florida.
Prices showed a mixed picture. The median sale price declined 5.5% year-over-year to $600,000, while the average sale price increased 2.2% to $892,116. That contrast suggests more activity at higher price points even as the broader market experienced some price moderation. Dollar volume rose 5.6% to $978.7 million, reflecting slightly stronger overall transaction value than a year ago.
The market is also moving a bit more slowly than last year. Median time to contract increased 4.8% to 44 days, and median time to sale rose 5.2% to 81 days. Sellers are still finding buyers, but homes are taking longer to move than they did a year ago, giving buyers more time to compare options and negotiate. Buyer demand remains healthy heading into the spring market. New pending sales increased 11.0% year-over-year to 1,309, while new listings fell 9.7% to 1,624. At the same time, active inventory dropped 12.0% to 4,826 listings and months’ supply of inventory declined to 4.8 from 5.4 a year ago. Those numbers suggest well-priced homes are continuing to attract attention and that competition can still be strong in desirable neighborhoods and price bands.
“Broward County continues to see steady buyer demand, but today’s market is more measured and value-driven than it was a year ago,” said Jonathan Dolphus, President of Broward, Palm Beaches & St. Lucie Realtors®. “Buyers are taking more time, comparing options and negotiating more carefully, while sellers who price accurately and prepare their homes well are still finding success. A local Realtor® remains an essential guide in a market like this.”
Contact a local Realtor® today — they serve as your personal resource in the communities where they live, work and play, providing expert guidance on neighborhoods, pricing trends and market strategy. Learn more at OnlyARealtor.com.
View Reports:Single Family | Townhomes/Condos
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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