September 2026
Broward County Market Update
Broward County’s housing market moved in two different directions in September 2026. Single family prices rose as available inventory contracted, while townhouse and condo prices declined despite fewer properties for sale. With new pending sales falling 15% in both segments, the broader story is softer buyer activity, but very different levels of pressure on sellers.
Broward County Single-Family Homes
Single family closed sales fell 7.1% year over year to 974, yet the median sale price increased 2.4% to $641,500. That combination suggests slower transaction activity has not translated into broad pricing weakness. However, a higher median can also reflect the mix of homes sold, rather than appreciation across every neighborhood.
Supply offers another explanation for pricing resilience. Active inventory dropped 18% to 4,351 homes, bringing months of inventory down from 5.4 to 4.2. With less competing inventory relative to the sales pace, sellers have some protection against cooling demand.
Still, September’s incoming activity deserves attention. New listings increased 1% to 1,371, while new pending sales declined 15% to 922. If that divergence continues, fresh supply could begin rebuilding inventory and give buyers more negotiating room.
Broward County Townhouse and Condo Market
The townhouse and condo market showed a more pronounced adjustment. Closed sales declined 13% to 851, while the median sale price fell 15% to $235,000. That lower price point may attract budget conscious purchasers and downsizing homeowners, although declining sales indicate affordability alone has not accelerated transactions.
Active inventory decreased 12% to 9,582 properties, but supply remained substantial at 10.2 months, down from 11.6. Compared with single family homes, this longer selling runway gives purchasers greater scope to compare properties and negotiate.
New listings slipped just 0.8% to 1,739, while new pending sales fell 15% to 889. The sharper decline in contracts than new listings suggests the supply reduction does not yet signal strengthening demand.
Broward County is not moving toward one uniform market. Single family conditions offer sellers a firmer footing, while townhouse and condo conditions favor buyers more clearly. Pending activity points toward a potentially slower near term sales pace in both segments.
Contact The Branham Group to explore how these countywide trends translate into neighborhood pricing, a property valuation, or a buying and selling plan grounded in your local competition.
