Broward County Condos & Townhomes Market Update – September 2026

Broward County Condos & Townhomes Real Estate Statistics – September 2026

Broward County’s condo and townhome market experienced a noticeable slowdown in September 2026, with lower sale prices, fewer completed transactions and reduced buyer activity compared with the same period last year.

The median sale price fell to $235,000, down 15% year-over-year, while closed sales declined 13%. Pending sales dropped 15%, suggesting that buyers are continuing to approach the market cautiously.

Interestingly, active inventory also declined 12%, meaning fewer properties are available than there were in September 2025. Days on market decreased 5%, indicating that properties completing sales are moving slightly faster despite the softer market.

The biggest story this September is that Broward County condo and townhome prices have fallen significantly, even as available inventory has tightened.

This creates a very different picture from the county’s single-family market, where prices increased 2% and inventory declined 18%.

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

Market Breakdown – September 2026 vs. September 2025

Median Sale Price: $235,000

🔻 Down 15% year-over-year

The median sale price for Broward County condos and townhomes reached $235,000 in September, a substantial 15% decline compared with September 2025.

This is one of the most significant changes in the latest report and highlights the different conditions affecting the county’s attached-home market.

While single-family home prices increased modestly, the condo and townhome sector experienced a considerably larger downward movement in its median price.

However, it is important to remember that the median reflects the mix of properties sold during the month. A 15% decline does not necessarily mean that every individual condo or townhome has lost 15% of its value.

Broward County includes a wide variety of properties, from smaller inland condominiums to luxury waterfront residences, and changes in the types of homes sold can influence the overall median.

For buyers, the lower median price may signal opportunities to explore more affordable properties.

For sellers, it reinforces the importance of understanding recent comparable sales within their specific building or community rather than relying on countywide averages.

Closed Sales: 851 properties

🔻 Down 13% year-over-year

Broward County recorded 851 condo and townhome closed sales in September, representing a 13% decline compared with last year.

This indicates that fewer transactions were completed, continuing the softer sales activity seen in this market segment.

Total dollar volume reached approximately $296.3 million, down 17% year-over-year.

The combination of fewer transactions and lower dollar volume suggests a reduction in overall market activity.

Interestingly, the decline in closed sales is larger than the 7% reduction recorded in Broward County’s single-family market.

This reinforces the difference between the two property sectors.

For buyers and sellers, the slower transaction pace highlights the importance of realistic expectations, financing preparation and careful negotiation.

Active Inventory: 9,582 properties

🔻 Down 12% year-over-year

Active condo and townhome inventory stood at 9,582 properties in September, a 12% decline compared with September 2025.

Although this represents a meaningful reduction in available supply, Broward County still has considerably more condos and townhomes listed for sale than single-family homes.

For comparison, single-family inventory stood at 4,351 properties during the same month.

This distinction is important because declining inventory does not automatically mean that buyers are facing a shortage of choices.

With more than 9,500 condos and townhomes available, buyers can still compare a substantial number of properties across different communities and price ranges.

For sellers, reduced inventory means less competition than a year ago, but the decline in prices and transaction activity suggests that buyers remain selective.

Property condition, association fees, insurance costs and the financial health of individual buildings can all influence buyer decisions.

Pending Sales: 889 contracts

🔻 Down 15% year-over-year

Pending sales totaled 889 in September, a 15% decrease compared with September 2025.

This decline is slightly larger than the 13% reduction in closed sales and suggests that new contract activity remains subdued.

Pending sales can provide an indication of future closing activity because they represent properties that have gone under contract but have not yet completed the transaction.

The decline suggests that fewer buyers are committing to condo and townhome purchases compared with last year.

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

For sellers, this reinforces the importance of competitive pricing and ensuring that prospective buyers have access to relevant property and association information.

For buyers, reduced contract activity may provide additional negotiating opportunities, particularly where properties have been listed for an extended period.

Months of Inventory

🔻 Down 12% year-over-year

Months of inventory declined 12% compared with September 2025.

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

The reduction confirms that Broward County’s condo and townhome inventory has tightened over the past year.

However, the market continues to have considerably more available properties than the single-family sector.

This is an important distinction because months of inventory should be considered alongside actual listing numbers, selling times and buyer activity.

Despite the reduction in supply, the median sale price has declined 15%, and both closed and pending sales are lower.

That suggests tighter inventory has not translated into stronger overall pricing or transaction activity.

For buyers, the market may still offer opportunities to compare properties and negotiate.

For sellers, reduced supply can be helpful, but it does not eliminate the need for accurate pricing and a strong marketing strategy.

Days on Market

🔻 Down 5% year-over-year

Days on market decreased 5% compared with September 2025.

This indicates that condos and townhomes completing sales spent slightly less time on the market than they did a year ago.

The improvement is relatively modest, particularly when compared with the 19% reduction recorded in Broward County’s single-family market.

It also provides an interesting contrast with the decline in prices and transaction activity.

Although fewer properties are selling, those that successfully complete a sale are moving somewhat faster.

This could reflect competitive pricing, motivated sellers or buyers focusing on properties that offer particularly good value.

However, the countywide figure does not mean that every condo or townhome is selling quickly.

Individual buildings and communities may experience very different marketing times.

The key takeaway is that Broward County’s condo and townhome market is experiencing lower prices and fewer transactions, even though inventory has declined and selling times have improved slightly.

New Listings: 1,739 properties

🔻 Down 1% year-over-year

New condo and townhome listings totaled 1,739 in September, a modest 1% decline compared with September 2025.

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

However, active inventory declined by a much larger 12%, indicating that the overall supply of available properties has contracted.

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

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

For sellers, it means that new competing properties are still entering the market despite the reduction in overall inventory.

Understanding the competition within a specific building or community remains particularly important.

What This Means for You

Buyers

Broward County condo and townhome buyers may find opportunities in a market where prices and transaction activity have declined.

The median sale price is down 15%, closed sales have fallen 13%, and pending sales have declined 15%.

At the same time, more than 9,500 properties remain available, providing a substantial selection across the county.

However, buyers should avoid assuming that every property has experienced a significant price reduction.

Individual condo buildings, townhome communities and price ranges can perform very differently.

Due diligence is particularly important when purchasing a condominium.

Association fees, reserve funding, special assessments, insurance costs, maintenance obligations and rental restrictions can all affect the true cost of ownership.

Buyers should carefully review association documents and financial information before committing to a purchase.

Sellers

Broward County condo and townhome sellers are operating in a market where accurate pricing and realistic expectations are essential.

The median sale price has declined 15%, while both closed and pending sales are significantly lower than they were a year ago.

Although active inventory has fallen 12%, buyers still have a substantial selection of available properties.

That means sellers cannot rely solely on reduced inventory to generate strong demand.

Properties should be priced according to recent comparable sales within the same building or community wherever possible.

Sellers should also be prepared to address questions about association fees, reserves, insurance and potential special assessments.

Clear documentation, professional photography, thoughtful presentation and an effective marketing strategy can help a listing stand out.

Investors

For investors, Broward County’s condo and townhome market presents an interesting combination of lower median prices and substantial available inventory.

The 15% decline in median sale price may encourage investors to explore potential opportunities.

However, countywide median price changes should not be interpreted as automatic discounts on individual properties.

Investors should focus on the financial fundamentals of each purchase.

Association fees, reserve requirements, special assessments, insurance, property taxes, maintenance costs and rental restrictions can all significantly affect investment returns.

Rental demand and realistic rental income should also be evaluated at the community level.

A property with an attractive purchase price may not represent good value if ongoing ownership expenses are unusually high.

Careful research and realistic financial projections remain essential.

Final Thoughts

Broward County’s September 2026 condo and townhome market is showing lower prices, softer sales activity and reduced inventory, creating a different environment from the county’s single-family housing market.

The median sale price declined 15% to $235,000, while closed sales fell 13% to 851 properties.

Active inventory decreased 12% to 9,582 properties, and pending sales declined 15% to 889 contracts.

Meanwhile, days on market improved by 5%, months of inventory declined 12%, and new listings slipped just 1%.

Together, these figures suggest a market where available supply has tightened, but buyer activity and pricing remain under pressure.

For sellers, reduced inventory offers some encouragement, but realistic pricing and an understanding of individual community conditions remain essential.

For buyers, the combination of lower median prices, substantial available inventory and softer transaction activity may create opportunities to negotiate and explore different properties.

As Broward County moves into the final quarter of 2026, the key trends to watch will be whether pending sales begin to recover, whether the decline in median prices continues and whether shrinking inventory eventually helps stabilize the market.

For now, Broward County’s condo and townhome market offers buyers meaningful choice, while sellers must remain competitive in a market where purchasing decisions are increasingly influenced by both property prices and ongoing ownership costs.

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