Broward County Housing Market Update: July 2026
I get asked almost every week what's actually happening with home prices in Broward right now, so instead of giving you the short version at an open house, here's the full picture as of mid-July 2026. Whether you're in Fort Lauderdale, Pembroke Pines, Hollywood, Coral Springs, or anywhere else in the county, this is what I'm seeing in the numbers and out in the field with buyers and sellers.
Broward Home Prices Are Holding Steady
Broward's market right now is stable, not hot and not cold. Over the three months ending in May 2026, the median home sale price in Broward was $469,000, according to Redfin. That's basically flat, down just 0.3% from the same period a year earlier. After a few years of prices jumping fast, this kind of leveling off is honestly a good sign for the long-term health of the market, not something to worry about.
Here's what "flat prices" means if you're selling: the days of listing 10% over the last comp and still getting three offers by the weekend are over in most Broward neighborhoods. I'm telling my sellers to price accurately from day one, because that strategy works a lot better than it used to.
Homes Are Selling a Little Faster
The number that stood out most to me this month is days on market. Homes in Broward are currently selling in a median of 80 days, down from 84 days a year ago. That's a small improvement, but it's a real one. Paired with flat pricing, it tells me buyers are still out there and willing to act, they're just not willing to overpay to do it.
Inventory Is Still Tight for Single-Family Homes
Single-family inventory in Broward is sitting at roughly a 4.5-month supply. Anything under six months is generally considered a seller's market, so single-family sellers still have an edge even though prices aren't climbing the way they were a few years ago. Condos and townhomes are a different story in some buildings. Where insurance costs or reserve requirements have gone up, I'm seeing more inventory and more room to negotiate than on the single-family side.
Florida's Bigger Picture
Zooming out, Florida Realtors reported that closed sales of existing single-family homes statewide totaled 26,036 in June 2026, up 9.3% from a year earlier, with pending sales and median prices also higher. Broward is part of a Florida market that's still moving real volume. It's just a more balanced version of the market than what we saw a few years back, and honestly, that's better for buyers and sellers who are in it for the long haul.
A Quick Word on Mortgage Rates
As of the week of July 16, 2026, Freddie Mac's survey had the 30-year fixed averaging 6.55% and the 15-year fixed at 5.93%. Rates have been moving in a fairly narrow band most of this year, so I wouldn't hold off on buying while waiting for a big drop. If you find the right house, it's usually smarter to buy now and refinance later if rates come down, rather than sit on the sidelines while home prices hold steady. (Since rates shift week to week, always check Freddie Mac's site directly for the current number when you're ready to talk financing.)
If You're Selling
- Price it right the first time. With prices basically flat year over year, overpricing by even 3 to 5% can mean sitting on the market well past that 80-day median.
- Presentation matters more than it used to. Buyers have options and time to compare, so staging, good photography, and small repairs before you list make a real difference.
- Single-family sellers still have leverage. A 4.5-month supply favors you, but that leverage shrinks the longer a listing sits.
- Condo sellers should get ahead of insurance and reserve questions. Buyers are asking harder questions about building financials than they were two years ago, so having those documents ready before you list speeds everything up.
If You're Buying
- You have more room to negotiate than in 2021 or 2022, especially on homes that have sat for 60 days or more.
- Don't try to time the rate market. Rates have stayed in a tight range all year, and buying now with a plan to refinance later is often more practical than waiting indefinitely.
- Get pre-approved before you start shopping so you know exactly what your payment looks like at today's rates before you fall in love with a house.
Wondering What Your Broward Home Is Worth Right Now?
County-wide numbers are a useful compass, but they won't tell you what your specific street, floor plan, or condo building is doing today. If you're weighing a move this fall or sometime next year, the smartest first step is getting a real, current read on your home's value.
Head to homes.DiscoverSouthFL.com for a free, no-obligation home valuation, or email me directly at eduardosellsfl@gmail.com and I'll put together a personalized market analysis for your home or neighborhood. I'm happy to walk you through what's actually happening on your block, not just the county averages.
Sources: Freddie Mac Primary Mortgage Market Survey (week of July 16, 2026); Redfin Broward County housing data (three months ending May 2026); Florida Realtors statewide housing statistics (June 2026).