Broward County Real Estate Market Update – March 2026

Broward County Real Estate Statistics – March 2026

Broward County is entering the spring market with a strong shift toward sellers. Inventory is tightening, contracts are rising, and sales are increasing — even as prices adjust slightly. This is a market where demand is strengthening faster than supply, creating a more competitive environment.

Let’s break it down.

Market Breakdown – March 2026 vs. March 2025

Median Sale Price: $600,000
🔻 Down 6% year-over-year
A noticeable dip in median price, likely reflecting a shift in the types of homes selling rather than a drop in demand. With other indicators strengthening, this looks more like price normalization than weakness.

Closed Sales: 1,097 homes
📈 Up 3% year-over-year
Closings are increasing, confirming that buyers are active and transactions are moving forward.

Active Inventory: 4,826 homes
🔻 Down 12% year-over-year
Inventory has dropped significantly. Fewer homes on the market means more competition and upward pressure on pricing moving forward.

Pending Sales: 1,309 contracts
📈 Up 11% year-over-year
Strong growth in pending sales is one of the most important signals this month. Buyer demand is clearly rising as we move into peak season.

Months of Inventory: 4.8 months
🔻 Down 11% year-over-year
With inventory under 5 months, Broward is now leaning firmly toward a seller-favored market.

Days on Market: 44 days
📈 Up 5% year-over-year
Homes are taking slightly longer to sell, suggesting buyers are still being selective — even as competition increases.

New Listings: 1,624
🔻 Down 10% year-over-year
Fewer new listings are entering the market, further tightening supply and setting the stage for a competitive spring.

What This Means for You

Buyers:
Inventory is shrinking and competition is rising. While you may still have some negotiating room, the best homes will move quickly.

Sellers:
This is a strong setup. Low inventory and rising demand give you an advantage — especially if your home is priced correctly and shows well.

Investors:
Broward is showing tightening conditions and rising activity. This combination supports long-term value and creates opportunities in a supply-constrained market.