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

Closed Sales
Monthly Market Detail- February 2026 Townhouses and Condos Broward County
Summary Statistics
February 2026
February 2025
Percent Change Year-over-Year
Closed Sales Paid in Cash
767 789-2.8 % 436 440-0.9 %
Median Sale Price $ 270,000
$ 275,000-1.8 %
Average Sale Price Dollar Volume
$ 393,398 $ 379,229 3.7 % $ 301.7 Million $ 299.2 Million 0.8 %
Median Percent of Original List Price Received
92.5 % 92.1 % 0.4 %
Median Time to Contract 74 Days 67 Days 10.4 %
Median Time to Sale
110 Days
105 Days
4.8 %
New Pending Sales New Listings
1,129 1,908
1,121 0.7 %
2,410-20.8 %
Pending Inventory 1,600 Inventory( Active Listings) 10,833 Months Supply of Inventory 11.5
1,598 0.1 % 11,687-7.3 % 11.4 0.9 %

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
February 2026
1,502
767
-2.8%-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%
April 2025
1,085
-19.2%
March 2025
1,070
-10.6%
February 2025
789
-20.0%
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
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 Monday, March 16, 2026. Next data release is Friday, April 17, 2026.