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

Closed Sales

Monthly Market Detail- March 2026 Townhouses and Condos Broward County

Closed Sales Paid in Cash

1,064 1,070-0.6 % 584 582 0.3 %

Median Sale Price $ 269,700

$ 280,000-3.7 %

Average Sale Price Dollar Volume

$ 385,782 $ 362,637 6.4 % $ 410.5 Million $ 388.0 Million 5.8 %

Median Percent of Original List Price Received

92.9 % 92.6 % 0.3 %

Median Time to Contract 70 Days 61 Days 14.8 %

New Pending Sales New Listings

1,224 1,984

1,217 0.6 %

2,473-19.8 %

Pending Inventory 1,640 Inventory( Active Listings) 10,675 Months Supply of Inventory 11.3

1,638 0.1 % 12,153-12.2 % 12.0-5.8 %

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.

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

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 Friday, April 17, 2026. Next data release is Friday, May 15, 2026.