Broward County Single-Family Homes Market Update – August 2026

Broward County Single-Family Homes Real Estate Statistics – August 2026

Broward County’s single-family home market remained tight in August 2026, with substantially fewer homes available than a year ago and properties selling faster. However, transaction activity was essentially unchanged, while pending sales softened.

The median sale price reached $650,000, up 4% year-over-year, while active inventory declined 23% and months of supply fell 28%. Days on market also dropped 15%.

Yet closed sales were completely flat compared with August 2025, and pending sales declined 5%.

The result is a market where limited supply continues to favor sellers, but buyers remain selective and overall transaction volume is not accelerating.

Here’s a closer look at the August numbers.

Market Breakdown – August 2026 vs. August 2025

Median Sale Price: $650,000

📈 Up 4% year-over-year

The median sale price for a Broward County single-family home reached $650,000 in August, 4% higher than it was a year ago.

That represents a moderate increase alongside a much larger reduction in available inventory.

As always, the countywide median reflects the mix of homes sold during the month. It should not be interpreted as every single-family property in Broward County increasing in value by 4%.

Individual neighborhoods, price ranges and property types can perform very differently.

Closed Sales: 1,016 homes

⏸️ Unchanged year-over-year

Closed sales were completely flat compared with August 2025, with 1,016 transactions completed.

That is particularly interesting given how significantly inventory has declined.

Buyers have far fewer homes to choose from, but that scarcity has not translated into greater overall sales volume.

This suggests Broward County buyers remain attentive to pricing, condition and value rather than simply competing for anything that becomes available.

Active Inventory: 4,252 homes

🔻 Down 23% year-over-year

Active inventory recorded one of the largest changes in August’s report.

There were 23% fewer single-family homes available than there were a year ago, substantially reducing buyer choice across Broward County.

For sellers, that means significantly less competition from other listings.

For buyers, it makes preparation particularly important when a desirable, appropriately priced home becomes available.

Pending Sales: 1,115 contracts

🔻 Down 5% year-over-year

Pending sales declined 5% compared with August 2025.

This is worth watching because pending activity can provide some indication of transactions potentially moving toward future closings.

With closed sales currently flat and pending sales slightly lower, there is little evidence in August’s numbers of a significant acceleration in transaction volume despite the tighter inventory environment.

Months of Inventory

🔻 Down 28% year-over-year

Broward County’s supply of single-family homes declined substantially compared with last year, with months of inventory falling 28%.

This reinforces the seller-leaning conditions created by the sharp decline in active listings.

Buyers have fewer alternatives, particularly within desirable neighborhoods and popular price ranges.

However, August’s flat closed sales and declining pending activity demonstrate that reduced supply does not automatically create urgency for every listing.

Days on Market

🔻 Down 15% year-over-year

Homes that sold in August moved considerably faster than they did a year ago, with days on market declining 15%.

This creates an interesting contrast with flat closed sales.

The overall number of homes selling has not increased, but properties that successfully connect with buyers are selling more quickly.

That can indicate a growing distinction between homes that are priced and presented appropriately and listings that fail to meet buyer expectations.

New Listings: 1,316 homes

📈 Up 3% year-over-year

New listings increased 3% compared with last August.

That provides some fresh supply for buyers at a time when overall inventory is down sharply.

However, a modest increase in new listings has not yet been enough to rebuild the broader pool of available homes.

If new listing activity continues to improve, it could eventually provide buyers with additional choice.

What This Means for You

Buyers

Broward County single-family buyers have significantly fewer homes available than they did a year ago.

With active inventory down 23%, desirable properties can attract attention quickly, particularly when they are priced appropriately.

The 15% reduction in days on market reinforces the importance of being financially prepared when the right home becomes available.

However, buyers should not interpret low inventory as meaning there is no room to negotiate. Closed sales are flat and pending sales are down 5%, suggesting buyers remain selective.

Properties that are overpriced, need substantial improvements or have spent longer on the market may still offer negotiating opportunities.

Sellers

Broward County sellers benefit from considerably less competition.

Active inventory is down 23%, supply has tightened significantly, and homes that successfully sell are moving 15% faster.

However, the fact that closed sales were unchanged and pending sales declined 5% is important.

Limited supply does not guarantee a sale at any price.

Accurate pricing, strong presentation and a clear understanding of comparable sales within the specific neighborhood remain essential for attracting today’s buyers.

Investors

For investors, Broward County’s limited single-family inventory creates an environment where disciplined property selection is particularly important.

Scarcity can support desirable properties over the longer term, but flat transaction activity suggests buyers are still carefully evaluating value.

Investors should consider the complete economics of a purchase, including financing, insurance, property taxes, maintenance and realistic rental income rather than relying solely on countywide price trends.

Final Thoughts

Broward County’s August 2026 single-family market is defined primarily by tight supply and faster selling times rather than increasing transaction volume.

The median sale price increased 4% to $650,000, while active inventory declined 23%, months of supply fell 28%, and days on market dropped 15%.

Yet closed sales were unchanged from August 2025, while pending sales declined 5%.

New listings increased 3%, which could provide some additional choice if that trend continues, but overall supply remains considerably below last year’s level.

For sellers, reduced competition is an advantage, but buyers remain selective. For buyers, limited inventory makes preparation important, but August’s sales figures show that scarcity does not mean every property is commanding immediate demand.

As we move toward the final quarter of 2026, the key question will be whether Broward County’s sharply reduced inventory eventually produces stronger sales activity — or whether buyer selectivity continues to keep transaction volume relatively steady.

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