Broward County All Property Types Market Update – September 2026

Broward County All Property Types Market Update – September 2026

Broward County’s overall housing market showed a mixed picture in September 2026, with modest price growth, declining inventory and faster selling times, despite fewer completed transactions and softer buyer activity.

The median sale price across all property types reached $456,500, up 1% year-over-year, while closed sales declined 10%. Active inventory fell 14%, leaving buyers with fewer available properties compared with September 2025.

Interestingly, days on market decreased 15%, suggesting that properties completing sales are moving faster than they did a year ago. However, pending sales also declined 15%, indicating that fewer buyers are entering into contracts.

The biggest story this September is that Broward County’s housing market is experiencing tighter inventory and faster selling times, even as overall sales activity continues to slow.

There is also an important difference between property types. Single-family home prices increased 2%, while the median sale price for condos and townhomes declined 15%. This highlights how differently individual sectors of the same county can perform.

Let’s take a closer look at what the numbers mean for Broward County buyers, sellers and investors.

Market Breakdown – September 2026 vs. September 2025

Median Sale Price: $456,500

📈 Up 1% year-over-year

The median sale price across all Broward County residential property types reached $456,500 in September, a modest 1% increase compared with September 2025.

This suggests that overall pricing has remained relatively stable, despite a slowdown in completed transactions.

However, the countywide median masks some significant differences between property types.

Single-family homes recorded a median sale price of $641,500, up 2%, while condos and townhomes reached $235,000, down 15%.

These contrasting figures highlight why it is important to examine individual market segments rather than relying solely on the overall countywide median.

For buyers, the relatively stable overall median may provide some reassurance, but opportunities will vary considerably depending on property type, location and price range.

For sellers, it reinforces the importance of evaluating recent comparable sales within their specific neighborhood or community.

It’s also important to remember that the median sale price reflects the mix of properties sold during the month. A 1% increase does not mean that every property in Broward County has appreciated by that amount.

Closed Sales: 1,845 properties

🔻 Down 10% year-over-year

Broward County recorded 1,845 closed residential sales in September, representing a 10% decline compared with September 2025.

This indicates that fewer properties changed hands across the county, continuing the softer transaction activity seen in both the single-family and condo markets.

Single-family closed sales declined 7%, while condo and townhome transactions fell 13%.

Total residential sales dollar volume reached approximately $1.1 billion, down 8% year-over-year.

The slightly smaller decline in dollar volume compared with closed sales suggests that the overall value of completed transactions has held up somewhat better than the number of transactions.

However, the reduction in sales activity indicates that buyers may be approaching purchases more selectively.

For buyers and sellers, this highlights the importance of realistic pricing, financing preparation and careful negotiation.

Active Inventory: 14,072 properties

🔻 Down 14% year-over-year

Active residential inventory stood at 14,072 properties in September, a 14% decline compared with September 2025.

This is one of the most significant changes in Broward County’s overall housing statistics.

With fewer properties available, buyers have a smaller selection than they did a year ago.

The reduction has affected both major property sectors, with single-family inventory declining 18% and condo and townhome inventory falling 12%.

However, there remains a substantial difference in the number of available properties.

Single-family homes accounted for 4,351 active listings, while condos and townhomes represented 9,582.

This means that buyers looking for condos and townhomes generally have a much larger selection than those searching for single-family properties.

For sellers, reduced inventory can help limit competition, particularly when a property is competitively priced and presented effectively.

For buyers, fewer available homes may require greater preparation and flexibility, especially in desirable neighborhoods.

Pending Sales: 1,827 contracts

🔻 Down 15% year-over-year

Pending residential sales totaled 1,827 in September, a 15% decrease compared with September 2025.

This decline is larger than the 10% reduction in closed sales, making it an important statistic to monitor as Broward County moves into the final quarter of 2026.

Pending sales represent properties that have gone under contract but have not yet completed the closing process.

Because of this, they can provide an indication of potential future sales activity.

Interestingly, pending sales declined 15% in both the single-family and condo and townhome sectors.

This suggests that softer contract activity is affecting the broader housing market rather than being limited to one property type.

However, not every pending transaction ultimately closes, and monthly figures can fluctuate.

For now, the decline indicates that buyers are entering into fewer contracts than they were a year ago.

Months of Inventory

🔻 Down 16% year-over-year

Months of inventory declined 16% compared with September 2025.

This statistic measures how long the available supply of properties would take to sell at the prevailing sales pace.

The reduction suggests that Broward County’s overall housing supply has tightened over the past year.

This is particularly interesting because closed sales have also declined.

Despite fewer completed transactions, the reduction in available inventory has been significant enough to lower the months-of-supply figure.

However, supply conditions vary considerably between property types.

Single-family months of inventory declined 22%, while the condo and townhome sector recorded a 12% decrease.

This reinforces the importance of looking beyond countywide averages.

For sellers, tighter inventory may help reduce competition from comparable properties.

For buyers, the overall decline in supply may mean fewer choices, but opportunities to negotiate can still exist, particularly in communities with higher levels of available inventory.

Days on Market

🔻 Down 15% year-over-year

Days on market decreased 15% compared with September 2025.

This indicates that properties successfully completing sales spent less time on the market than they did a year ago.

The reduction is particularly notable given the declines in closed and pending sales.

It suggests that although fewer transactions are taking place, homes attracting buyers are moving through the market more quickly.

The improvement has been seen across both major property sectors, although at different rates.

Single-family days on market declined 19%, while condos and townhomes recorded a smaller 5% reduction.

This suggests that single-family properties are experiencing a more pronounced improvement in selling times.

For sellers, the trend reinforces the importance of competitive pricing and effective presentation.

For buyers, it highlights the value of having financing arranged and being ready to make informed decisions when suitable properties become available.

The key takeaway is that Broward County’s overall housing market is experiencing faster selling times and reduced inventory, despite a slowdown in completed transactions and new contracts.

New Listings: 3,138 properties

➡️ Unchanged year-over-year

New residential listings totaled 3,138 in September, representing no year-over-year change compared with September 2025.

This suggests that the flow of new properties entering the market has remained relatively stable.

However, active inventory declined 14%, indicating that the overall number of available homes has contracted.

New listings and active inventory measure different aspects of the market, so their trends do not necessarily move together.

The figures also reveal some differences between property types.

Single-family new listings increased 1%, while condo and townhome listings declined 1%.

These relatively small changes suggest that new listing activity has remained fairly consistent across both sectors.

For buyers, the steady flow of new listings means fresh opportunities continue to appear.

For sellers, it means that new competing properties are still entering the market, even as total available inventory declines.

Understanding recent comparable sales and competing listings remains essential.

What This Means for You

Buyers

Broward County buyers are navigating a market where available inventory has declined, but overall transaction activity has also softened.

Active inventory is down 14%, while days on market have decreased 15%.

These figures suggest that desirable, competitively priced properties may move more quickly than they did a year ago.

However, closed sales have declined 10%, and pending sales are down 15%, indicating that buyer activity is not as strong as it was last September.

The experience will also depend heavily on property type.

Single-family buyers are facing tighter inventory and relatively firm prices, while condo and townhome buyers may find more selection and opportunities to negotiate.

Buyers should focus on individual property values, recent comparable sales and their long-term financial objectives rather than relying solely on countywide trends.

Being financially prepared remains important, but so does taking the time to conduct appropriate inspections and due diligence.

Sellers

Broward County sellers have several encouraging indicators, including a modest increase in the overall median sale price, reduced inventory and faster selling times.

However, the decline in closed and pending sales suggests that buyers are approaching purchases more selectively.

That means realistic pricing and effective marketing remain essential.

The difference between property types is particularly important.

Single-family sellers may benefit from tighter inventory and modest price growth, while condo and townhome sellers are operating in a market where the median sale price has declined significantly.

Sellers should pay close attention to recent comparable sales within their specific community rather than assuming that overall countywide trends apply equally to every property.

Professional photography, thoughtful preparation, accurate pricing and a strong marketing strategy can help a listing stand out.

For condo and townhome sellers, clear information about association fees, reserves, insurance and potential assessments can also help buyers make informed decisions.

Investors

For investors, Broward County’s September housing statistics present a market with tighter inventory, slower transaction activity and considerable differences between property sectors.

The overall median sale price increased just 1%, suggesting relatively stable countywide pricing.

However, the 15% decline in the condo and townhome median demonstrates that individual market segments can experience very different conditions.

Investors may find opportunities in properties that have been listed for extended periods or where sellers are motivated to negotiate.

However, lower median prices do not automatically indicate that individual properties are undervalued.

Financing costs, insurance, property taxes, maintenance, renovation expenses, association fees and potential special assessments should all be considered carefully.

Rental demand, realistic rental income and community restrictions are also important when evaluating investment properties.

A successful investment strategy should focus on property-level fundamentals rather than broad market averages alone.

Final Thoughts

Broward County’s September 2026 housing market is showing tighter inventory, faster selling times and relatively stable overall prices, despite weaker sales activity across all property types.

The median sale price increased 1% to $456,500, while closed sales declined 10% to 1,845 properties.

Active inventory fell 14% to 14,072 properties, and pending sales decreased 15% to 1,827 contracts.

Meanwhile, days on market declined 15%, months of inventory fell 16%, and new listings remained unchanged year-over-year.

Together, these figures suggest a market where reduced supply is helping support overall pricing, even as fewer transactions are taking place.

However, the differences between single-family homes and condos and townhomes remain significant.

Single-family prices increased modestly, while the condo and townhome median declined substantially.

For sellers, reduced inventory and faster selling times offer reasons for optimism, but accurate pricing and effective marketing remain essential.

For buyers, opportunities vary by property type, with tighter conditions in the single-family sector and potentially greater negotiating flexibility in some condo and townhome communities.

As Broward County moves into the final quarter of 2026, the key trends to watch will be whether pending sales begin to recover, whether inventory continues to tighten and whether the differences between property sectors persist.

For now, Broward County’s overall housing market remains active but selective, creating opportunities for buyers, sellers and investors who understand the importance of local market conditions and individual property values.

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