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

Closed Sales
Monthly
Market Detail- July 2025 Single-Family Homes Broward County
Summary Statistics
July 2025
July 2024
Percent Change Year-over-Year
Closed Sales Paid in Cash
1,055 1,131-6.7 % 206 264-22.0 %
Median Sale Price $ 620,000
$ 625,000-0.8 %
Average Sale Price Dollar Volume
$ 823,986 $ 818,342 0.7 % $ 869.3 Million $ 925.5 Million-6.1 %
Median Percent of Original List Price Received
95.0 % 96.3 %-1.3 %
Median Time to Contract 43 Days 30 Days 43.3 %
Median Time to Sale
81 Days
69 Days
17.4 %
New Pending Sales New Listings
1,097 1,605
1,210-9.3 %
1,578 1.7 %
Pending Inventory 1,456 Inventory( Active Listings) 5,884 Months Supply of Inventory 6.0
1,669-12.8 % 4,483 31.3 % 4.4 36.4 %

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
6,878
-6.2%
July 2025
1,055
-6.7%
June 2025
1,030
-9.5%
May 2025
1,110
-11.1%
April 2025
1,054
-11.9%
March 2025
1,062
-2.0%
February 2025
802
-3.5%
January 2025
765
8.2 %
December 2024
950
8.4 %
November 2024
804
-2.1%
October 2024
1,001
1.8 %
September 2024
928
-12.1%
August 2024
1,161
-1.4%
July 2024
1,131
7.5 %
2,000
2021 2022 2023 2024 2025
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
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, August 21, 2025. Next data release is Tuesday, September 23, 2025.