Broward County Monthly Market Report - May March 2025 | Page 14

Closed Sales
Monthly Market Detail- May 2026 Townhouses and Condos Broward County
Summary Statistics
May 2026
May 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
999 1,014-1.5 % 521 507 2.8 %
Median Sale Price $ 275,000
$ 275,000 0.0 %
Average Sale Price Dollar Volume
$ 382,115 $ 364,058 5.0 % $ 381.7 Million $ 369.2 Million 3.4 %
Median Percent of Original List Price Received
92.6 % 91.8 % 0.9 %
Median Time to Contract 66 Days 65 Days 1.5 %
Median Time to Sale
104 Days
100 Days
4.0 %
New Pending Sales New Listings
1,121 1,792
1,058 6.0 %
1,932-7.2 %
Pending Inventory 1,653 Inventory( Active Listings) 10,055 Months Supply of Inventory 10.6
1,466 12.8 % 12,097-16.9 % 12.5-15.2 %

Closed Sales

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.
Month
Closed Sales
Percent Change
Year-over-Year
Year-to-Date
May 2026
4,670
999
-0.9%-1.5%
April 2026
1,105
1.8 %
March 2026
1,064
-0.6%
February 2026
767
-2.8%
January 2026
735
-2.8%
December 2025
985
5.2 %
November 2025
818
-0.1%
October 2025
974
10.6 %
September 2025
973
5.5 %
August 2025
974
-13.7%
July 2025
1,047
-7.4%
June 2025
908
-14.9%
May 2025
1,014
-24.0%
2,500
2022 2023 2024 2025
2,000
1,500
1,000 500
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M
Produced by Florida Realtors ® with data provided by Florida ' s multiple listing services. Statistics for each month compiled from MLS feeds on the 10th day of the following month. Data released on Tuesday, June 16, 2026. Next data release is Friday, July 17, 2026.