Broward County’s real estate market is experiencing a robust upswing, with October marking the second consecutive month of positive sales growth. Both overall home sales and condo transactions saw significant year-over-year increases, signaling a strong market driven by factors like declining mortgage rates and sustained buyer interest. Experts anticipate this positive momentum to continue into 2026.
Key Takeaways
- Broward County saw an 8% increase in total home sales and an 11% rise in condo sales in October.
- Coral Springs and Pembroke Pines are identified as particularly strong markets, with limited inventory for single-family homes.
- While a seller’s market persists for single-family homes in some areas, a buyer’s market is emerging for condos and townhomes.
- Median home prices in Broward County are around $611,000, with condos averaging $259,000.
- Economists predict continued growth in 2026, fueled by lower mortgage rates and increased migration.
Broward County Sales Trends
October data from the MIAMI Association of Realtors indicates a healthy market across Broward County. Total home sales rose by 8% year-over-year, while condo sales saw an impressive 11% increase. Single-family home transactions also climbed by nearly 4%. This positive trend follows a strong September, which was the best sales month of the year for the county. The surge in condo sales was particularly driven by affordable units priced under $200,000, which increased by 14.2%.
Hottest Markets in Broward
Coral Springs is highlighted as one of the hottest markets for sellers, especially for single-family homes, with only a three-month supply of inventory. Pembroke Pines also demonstrates a well-rounded market, ranking high in both single-family home and condo sales. While Pembroke Pines exhibits a seller’s market for single-family homes with a four-month inventory, it leans towards a buyer’s market for condos and townhomes, boasting a nine-month supply.
Buyer’s Opportunities and Market Outlook
While certain segments, like single-family homes in Coral Springs, remain competitive for buyers, the overall market is showing signs of a shift towards a more balanced or even buyer-friendly environment. The supply of single-family homes in Broward County increased by approximately 19% from August 2024 to August 2025, leading to more balance. Mortgage rates have also seen a slight decrease, falling to around 6.3% for a 30-year fixed rate, which is the lowest in about a year. Experts anticipate continued market growth in 2026, with steady, historical increases in prices rather than a speculative "sizzle."
Sources
- Coral Springs among Broward’s hottest real estate markets, Coral Springs News.
- Broward real estate reports strongest sales month of 2025, Pembroke Pines News.
- Buyers’ housing market? Here are latest real estate trends, Sun Sentinel.
- Pembroke Pines posts strong condo, single-family home sales, Pembroke Pines News.
- Coral Springs real estate: 5 takeaways from November 2025, Coral Springs News.