July 2025
Broward County Market Update
The Broward County housing market in July 2025 reflects a cooling pace compared to last year, with sales activity easing while inventory levels climb. Both single-family homes and the townhouse/condo segment are showing signs of shifting leverage toward buyers as supply expands and pending contracts slow.
Broward County Single-Family Homes
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Closed Sales: 1,055 (down -6.7% year-over-year)
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Median Sales Price: $620,000 (down -0.8%)
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Active Inventory: 5,884 (up 31%)
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Months’ Supply of Inventory: 6.0 months (up from 4.4 months)
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New Listings: 1,605 (up 1.7%)
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New Pending Sales: 1,097 (down -9.3%)
Single-family homes are seeing fewer transactions, but buyers have more choices with inventory up sharply. Prices remain relatively stable, showing only a slight dip, though increased supply is putting pressure on sellers to remain competitive.
Broward County Townhouses and Condos
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Closed Sales: 1,047 (down -7.5% year-over-year)
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Median Sales Price: $265,000 (down -2.8%)
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Active Inventory: 11,321 (up 26%)
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Months’ Supply of Inventory: 12.0 months (up from 8.0 months)
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New Listings: 1,786 (down -10%)
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New Pending Sales: 1,064 (down -10%)
Townhouses and condos are experiencing stronger downward pressure. Fewer listings and slower pending sales highlight buyer hesitancy, while the jump in months’ supply underscores an increasingly saturated market. Prices have begun to ease, making this segment more favorable for buyers seeking value.
Broward’s July 2025 housing market points to a more balanced environment, with inventory growth outpacing demand. Buyers are gaining leverage, especially in the townhouse/condo sector, while sellers may need to adjust expectations as homes stay on the market longer and price competition intensifies.
