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Monthly market report

Broward housing market — August 2026

A monthly read on Broward County, combining public market data with what our own tenants are actually paying. Two independent sources; every figure attributed.

Data as of
Monthly reports Next report: September 2026
August 2026

Where the market stands

Broward against the national picture, from Zillow, Redfin and Apartment List. Each line is a distinct question with its own answer.

Are houses selling?
Yes — selling faster than last year Favourable
2,139
Broward homes sold in 2026-05 (Redfin)
Broward US
Sales vs yr ago (Miami metro, 3-mo) +10.4% +3.6%
Median days on market 80 50
DOM a year ago (Broward) 85

Metro trend shown: Redfin revised its Broward sales coverage in Mar '26, inflating county YoY.

Home prices up or down?
Falling Weak
$424,261
Broward typical home value (Zillow)
Broward US
Home value vs yr ago -3.6% +0.8%
Median sale price vs yr ago +0.0%
Single-family / Condo +1.7% / -4.3%

Single-family and condo can diverge sharply in Broward.

Is inventory piling up?
Yes — supply is piling up (buyer's market) Weak
7.0
Broward months of supply
Broward US
Months of supply (3-mo) 7.0 3.4
Active listings vs yr ago +23.7% -12.9%
Active listings now 14,981

~4–6 months of supply is considered balanced; above that favors buyers.

Are apartments getting rented?
Yes, but the market is loosening Mixed
6.8%
Broward apartment vacancy
Broward US
Vacancy rate 6.8% 7.2%
Vacancy vs yr ago +0.7 pts
Days to lease a unit 27.7 30.0
Days to lease vs yr ago +0.4 days
Are rents going up?
Roughly flat Flat
$2,517
Broward typical asking rent (Zillow)
Broward US
Asking rent vs yr ago +1.2% +2.2%
New-lease rent vs yr ago (AptList) -1.0%

Three years of context

Where those headline numbers sit against their own history. Broward against the US, monthly, from the same public sources.

Months of supply (how long to sell every listed home)
Broward United States
7.0 3.42023-082024-122026-05
Typical asking rent (Zillow ZORI)
Broward United States
$2,517 $1,9652023-082025-012026-06
Median days on market
Broward United States
80d 50d2023-082024-122026-05

What our tenants actually pay

Contract rents across every active lease in the portfolio we manage — not asking prices. This is the part no listing site publishes.

Our median contract rent
$2,000
$1,850–$2,200
Broward asking rent (Zillow)
$2,517
2026-06
Active leases in our sample
142
Asking vs signed

The gap between advertised rent and contract rent is real, but this is not a like-for-like comparison: Zillow covers all of Broward and every unit type, while our sample is one portfolio concentrated in Coral Springs condominiums. Treat it as two different views of the same market, not a single measurement.

What this means if you are…

Renting

Vacancy is up and new-lease rents are flat to slightly down, so there is more room to negotiate than a year ago — especially on a renewal. Public data calls rents "roughly flat".

Buying

At 7.0 months of supply against a balanced 4–6, Broward favours buyers right now, with listings up sharply year over year and homes sitting longer.

Selling

Prices are falling and inventory is high, so pricing to the market on day one matters more than it did in 2022. Overpricing now costs weeks, not days.

Sources and periods

Public data via housingPulse (Zillow ZHVI and ZORI, Redfin, Apartment List). Contract rents from the Buildium portfolio managed by Delivers Realty, aggregate only — no tenancy, address or tenant is identifiable.

apartmentlist: 2026-07 · redfin_sales: 2026-05 · zillow: 2026-06

Want this read on your specific situation?

Market averages are a starting point, not an answer. Happy to look at your building, your street, your numbers.

Talk to Eduardo →
Delivers Realty
Coral Springs · Deerfield Beach · Parkland, FL · Se habla español · Falamos português
(754) 214-0431 · [email protected]
Eduardo Gil · FL License #3220916
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