January 2025
Broward County Market Update
January 2026 brought a market that was equal parts fascinating and telling in Broward County. While buyers and sellers navigated a shifting landscape, the numbers tell a story of a market in transition, where supply is beginning to climb, prices are softening, and new opportunities are quietly opening up across both the single-family and townhouse/condo segments. Whether you are looking to buy your first home, sell before spring, or simply keep tabs on where things stand, here is what you need to know.
Broward County Single-Family Homes
The single-family home market in Broward County stayed active to start the year, with 757 closed sales in January, down just 1.0% compared to the same time last year. That is a remarkably steady showing for a winter month, signaling that motivated buyers are still out there. The median sale price came in at $620,000, reflecting a 3.1% dip from a year ago, which is welcome news for buyers who have been waiting for a bit of breathing room. Active inventory stood at 5,082 homes, a 2.5% decrease year over year, while months supply of inventory held steady at 5.1 months with no change from last year. On the forward-looking side, new listings climbed 1.2% to reach 1,868, and new pending sales rose 1.7% to 1,056, suggesting that momentum is quietly building as we head deeper into 2026.
Broward County Townhouse and Condo Market
The townhouse and condo market is where the most dramatic shifts are unfolding right now. Closed sales reached 735 in January, down 2.8% from a year ago, while the median sale price dropped a significant 8.1% to $250,000. For buyers, that price movement represents a real opportunity, particularly for first-time buyers or those looking to downsize or invest. Active inventory came in at 10,884 units, down 3.3% year over year, but the months supply of inventory tells a more complex story, rising to 11.5 months from 10.8 months a year ago. That level of supply puts buyers firmly in the driver's seat in this segment. New listings increased 2.7% to 2,778, while new pending sales rose a modest 0.9% to 1,007, meaning properties are coming to market faster than they are being absorbed.
Broward County's real estate market in January 2026 is rewarding those who are paying attention. Single-family homes remain relatively tight with stable supply and prices that are only modestly softer, while the townhouse and condo segment is offering buyers real negotiating power and lower entry points than we have seen in recent years. Sellers in both segments will benefit most from smart pricing and strong presentation. Whether you are ready to make a move or just starting to think about it, the opportunities right now are worth exploring with the right team in your corner. Reach out to The Branham Group today and let us help you navigate this market with confidence.
