In April 2025, Broward County’s housing market softened as sales declined and inventory rose sharply. Prices held steady, but higher months of supply and fewer pending sales indicate slower demand and increased competition among sellers.
April 2025
Broward County Market Update
In April 2025, the Broward County housing market faced cooling activity amid expanding inventory and slower buyer demand. With year-over-year sales down across both single-family homes and the townhouse/condo sectors, the market continues adjusting to more balanced conditions.
Broward County Single-Family Homes
The single-family home market in Broward County continued to normalize in April.
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Closed sales fell by 12%, totaling 1,054 transactions.
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The median sales price edged down slightly to $630,000, a 0.8% dip year-over-year.
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Active inventory surged 37%, reaching 5,689 properties, reflecting more options for buyers.
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The months supply of inventory climbed to 5.7 months, up from 1.7 months a year ago—indicative of a market moving away from seller-driven conditions.
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New listings were down 1.2%, totaling 1,746, while new pending sales dropped 17% to 1,126, signaling reduced buyer urgency.
Broward County Townhouses and Condos
The townhouse and condo segment saw steeper pullbacks in buyer activity.
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Closed sales declined 19% from April 2024, totaling 1,085 units.
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The median sales price dipped 0.9% to $280,000.
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Inventory jumped 41%, reaching 12,257 active listings—a substantial increase in supply.
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Months supply of inventory rose significantly to 12.4 months, up 7.4 months from the year before, suggesting a firmly buyer-favorable environment.
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New listings were down 3.7%, at 2,237, while new pending sales saw a 23% drop, falling to 1,110.
