Broward County Monthly Market Report - May March 2025 | Page 2

Closed Sales
Monthly
Market Detail- September 2025 Townhouses and Condos Broward County
Summary Statistics
September 2025
September 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
973 922 5.5 % 507 434 16.8 %
Median Sale Price $ 275,000
$ 281,500-2.3 %
Average Sale Price Dollar Volume
$ 367,891 $ 366,978 0.2 % $ 358.0 Million $ 338.4 Million 5.8 %
Median Percent of Original List Price Received
91.4 % 94.3 %-3.1 %
Median Time to Contract 73 Days 48 Days 52.1 %
Median Time to Sale
111 Days
90 Days
23.3 %
New Pending Sales New Listings
1,048 1,753
979 7.0 %
1,938-9.5 %
Pending Inventory 1,432 Inventory( Active Listings) 10,894 Months Supply of Inventory 11.6
1,494-4.1 % 9,534 14.3 % 8.7 33.3 %

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
8,616
-13.4%
September 2025
973
5.5 %
August 2025
974
-12.2%
July 2025
1,047
-7.5%
June 2025
908
-15.0%
May 2025
1,014
-24.0%
April 2025
1,085
-19.2%
March 2025
1,070
-10.6%
February 2025
789
-20.0%
January 2025
756
-11.6%
December 2024
936
-8.7%
November 2024
819
-18.8%
October 2024
881
-23.5%
September 2024
922
-17.8%
2,500
2021 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 J J A S
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, October 23, 2025. Next data release is Thursday, November 20, 2025.