Broward County Condos & Townhomes Market Update – July 2026

Broward County Condos & Townhomes Real Estate Statistics – July 2026

Broward County’s condo and townhome market continues to tell a very different story from the county’s single-family home sector. Inventory has declined compared with last year, but buyers still have a substantial supply of properties to choose from, homes are taking longer to sell, and both prices and sales activity softened in July.

The key takeaway is that buyers continue to hold considerably more leverage in the condo and townhome market. With 10 months of inventory available and properties taking 88 days to sell, sellers are competing for a more selective pool of buyers.

Let’s take a closer look.

Market Breakdown – July 2026 vs. July 2025

Median Sale Price: $255,000

🔻 Down 4% year-over-year

The median sale price declined compared with last July, indicating some softness in condo and townhome pricing.

As always, the mix of properties sold can affect a monthly median, particularly in a market with everything from entry-level condos to luxury waterfront residences. However, when considered alongside lower sales and longer selling times, the decline is worth watching.

Closed Sales: 1,018 properties

🔻 Down 3% year-over-year

Slightly fewer condos and townhomes sold than during July 2025.

The decline is relatively modest, but it contrasts sharply with Broward County’s single-family sector, where closed sales increased 8%.

Active Inventory: 9,533 properties

🔻 Down 16% year-over-year

There are significantly fewer condos and townhomes available than there were a year ago.

However, the raw inventory figure needs context. Despite the 16% decline, the market still has 10 months of supply, meaning buyers continue to have a substantial number of options relative to current sales activity.

Pending Sales: 1,024 contracts

🔻 Down 4% year-over-year

Pending sales also declined, suggesting buyer demand remains somewhat softer than it was last July.

Combined with the decrease in closed sales, this will be an important indicator to monitor in the coming months.

Months of Inventory: 10.0 months

🔻 Down 17% year-over-year

Supply has tightened considerably compared with last year, but 10 months of inventory still represents a very different environment from Broward County’s single-family market.

Buyers generally have more choice and potentially greater negotiating leverage, while sellers face more competition from other available properties.

Days on Market: 88 days

📈 Up 21% year-over-year

Condos and townhomes are taking substantially longer to sell.

At 88 days on market, buyers have considerably more time to compare properties, evaluate communities, and investigate HOA fees, reserves, assessments, insurance costs, amenities, and building finances.

New Listings: 1,574 properties

🔻 Down 12% year-over-year

Fewer new condos and townhomes entered the market compared with July 2025.

This reduction in new supply is contributing to the decline in overall inventory, but so far it hasn’t been enough to create the kind of tight conditions seen in the single-family sector.

What This Means for You

Buyers

July’s market provides condo and townhome buyers with something increasingly difficult to find in South Florida: choice and negotiating room.

With 10 months of inventory and an 88-day average selling time, buyers generally have time to compare properties and investigate the financial health of individual communities before committing.

That due diligence is particularly important with condos. HOA fees, reserves, special assessments, insurance, building condition, maintenance requirements, and rental restrictions can have a significant impact on the true cost and value of a property.

Sellers

Broward County condo and townhome sellers are operating in a more challenging environment than single-family homeowners.

Prices and sales are slightly lower, properties are taking longer to sell, and buyers have plenty of alternatives.

That makes accurate pricing particularly important. Sellers should understand recent comparable sales within their specific building or community and make sure their property is positioned competitively from the beginning.

Investors

The softer pricing environment may create opportunities for investors, particularly where motivated sellers are competing within buildings or communities with significant inventory.

However, price alone shouldn’t determine whether a condo represents good value. HOA expenses, insurance, assessments, reserves, rental restrictions, financing requirements, taxes, and realistic rental income all need to be considered.

Final Thoughts

July’s statistics highlight the significant divide between Broward County’s single-family and condo/townhome markets.

In the condo and townhome sector, the median sale price fell 4%, closed sales declined 3%, and pending sales dropped 4%. Properties also took 21% longer to sell.

Inventory is moving in the opposite direction, falling 16% year-over-year, while months of supply declined 17%. That’s an encouraging sign for sellers — but with 10 months of inventory still available, buyers continue to have considerable choice.

For buyers, that can mean opportunities to negotiate and take the time to conduct thorough due diligence. For sellers, realistic pricing and strong presentation are essential.

As we move through the second half of 2026, months of inventory and days on market will be two of the most important indicators to watch in Broward County’s condo and townhome market.

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