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Real Estate Market Update for Broward County in August 2025

Real Estate Market Update for Broward County in August 2025

August 2025 

Broward County Market Update

The Broward County housing market in August 2025 reflected clear adjustments across both single-family homes and the townhouse/condo sector. Buyers are encountering more inventory, while sellers are navigating softer sales activity compared to last year. Prices, however, show resilience, especially for single-family homes.

Broward County Single-Family Homes

  • Closed Sales: 1,015 (down -13% YoY)

  • Median Sales Price: $625,000 (up 3.1% YoY)

  • Active Inventory: 5,489 (up 19% YoY)

  • Months’ Supply of Inventory: 5.7 months (up from 4.5 a year ago)

  • New Listings: 1,283 (down -21% YoY)

  • New Pending Sales: 1,179 (up 5.6% YoY)

The single-family market saw fewer sales, but higher prices suggest steady demand in desirable areas. Increased inventory and a higher months’ supply give buyers more options, while fewer new listings indicate that some homeowners may be holding back from selling.

Broward County Townhouses and Condos

  • Closed Sales: 974 (down -12% YoY)

  • Median Sales Price: $247,700 (down -9.9% YoY)

  • Active Inventory: 11,070 (up 20% YoY)

  • Months’ Supply of Inventory: 11.9 months (up from 8.3 a year ago)

  • New Listings: 1,783 (down -14% YoY)

  • New Pending Sales: 1,091 (up 0.3% YoY)

The townhouse/condo market is experiencing a cooler pace, with prices pulling back while inventory continues to rise. Buyers in this segment now have significantly more negotiating power, especially with nearly a year’s worth of supply available.

In August 2025, Broward County’s housing market showed mixed trends. Single-family homes saw fewer sales but a higher median price at $625,000, alongside more inventory and stronger pending sales. Townhouse and condo activity slowed, with lower prices and rising supply, giving buyers more leverage across both segments.

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