Monthly Market Detail- March 2025 Townhouses and Condos Broward County
Closed Sales
Closed Sales by Sale Price
The number of sales transactions which closed during the month
Economists ' note: Closed Sales are one of the simplest— yet most important— indicators for the residential real estate market. When comparing Closed Sales across markets of different sizes, we recommend comparing the percent changes in sales rather than the number of sales. Closed Sales( and many other market metrics) are affected by seasonal cycles, so actual trends are more accurately represented by year-over-year changes( i. e. comparing a month ' s sales to the amount of sales in the same month in the previous year), rather than changes from one month to the next.
250 200 150 100 50
March 2024 March 2025
Sale Price Closed Sales
Percent Change Year-over-Year
Less than $ 50,000 1-50.0 % $ 50,000- $ 99,999 50 72.4 % $ 100,000- $ 149,999 135 6.3 % $ 150,000- $ 199,999 158-12.2 % $ 200,000- $ 249,999 113-28.9 % $ 250,000- $ 299,999 127-0.8 % $ 300,000- $ 399,999 178-11.0 % $ 400,000- $ 599,999 185-16.7 % $ 600,000- $ 999,999 77-25.2 % $ 1,000,000 or more 46-2.1 %
250 200 150 100 50
0 |
Less than $ 50,000 |
$ 50,000- $ 99,999 |
$ 100,000- $ 149,999 |
$ 150,000- $ 199,999 |
$ 200,000- $ 249,999 |
$ 250,000- $ 299,999 |
$ 300,000- $ 399,999 |
$ 400,000- $ 599,999 |
$ 600,000- $ 999,999 |
$ 1,000,000 or more |
0 |
Median Time to Contract
Median Time to Contract by Sale Price
The median number of days between the listing date and contract date for all Closed Sales during the month
Economists ' note: Like Time to Sale, Time to Contract is a measure of the length of the home selling process calculated for sales which closed during the month. The difference is that Time to Contract measures the number of days between the initial listing of a property and the signing of the contract which eventually led to the closing of the sale. When the gap between Median Time to Contract and Median Time to Sale grows, it is usually a sign of longer closing times and / or declining numbers of cash sales.
100 90 80 70 60 50 40 30 20 10 0
Less than $ 50,000
March 2024 March 2025
$ 50,000- $ 99,999
$ 100,000- $ 149,999
$ 150,000- $ 199,999
$ 200,000- $ 249,999
$ 250,000- $ 299,999
Sale Price
$ 50,000- $ 99,999 84 Days 236.0 % $ 100,000- $ 149,999
Median Time to Contract
Percent Change Year-over-Year
Less than $ 50,000 6 Days-93.5 %
82 Days 100.0 % $ 150,000- $ 199,999 58 Days 38.1 % $ 200,000- $ 249,999 63 Days 75.0 % $ 250,000- $ 299,999
69 Days 53.3 % $ 300,000- $ 399,999 62 Days 51.2 % $ 400,000- $ 599,999 47 Days 56.7 % $ 600,000- $ 999,999 69 Days 76.9 % $ 1,000,000 or more 61 Days-23.8 %
$ 300,000- $ 399,999
$ 400,000- $ 599,999
$ 600,000- $ 999,999
$ 1,000,000 or more
100 90 80 70 60 50 40 30 20 10 0
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month. Data released on Thursday, April 24, 2025. Next data release is Thursday, May 22, 2025.