The Home Owners Listing Team
Updated July 2026

South Florida Real Estate Market Report

Median prices · Days on market · Price trends for Broward County

Data sourced from Broward County MLS · Single-family homes & condos · Trailing 30-day period

Market Snapshot — July 2026

South Florida's real estate market remains active in mid-2026, with inventory gradually increasing from the historic lows of 2022–2023. Buyers have slightly more negotiating room than two years ago, but well-priced, move-in ready homes in desirable areas continue to sell quickly. The no-state-income-tax advantage continues to attract out-of-state buyers from the Northeast and Midwest.

$565K
Broward Median Price
38
Avg Days on Market
+3.1%
YoY Price Change
2.4 mo
Months of Inventory

Median Home Prices by City — July 2026

Single-family home data for Broward County cities, trailing 30-day closed sales.

City Median Price Avg Days on Market Price / SqFt YoY Change
Fort Lauderdale $575,000 38 $365 +3.2%
Weston $725,000 32 $310 +2.8%
Boca Raton $695,000 41 $385 +4.1%
Aventura $650,000 52 $425 +5.2%
Coral Springs $525,000 35 $285 +2.5%
Hollywood $515,000 40 $335 +3.5%
Plantation $485,000 38 $290 +2.4%
Pembroke Pines $495,000 37 $275 +1.9%
Pompano Beach $465,000 44 $315 +2.1%
Deerfield Beach $450,000 42 $295 +2.3%
Sunrise $430,000 39 $255 +1.7%
Oakland Park $390,000 36 $280 +3.0%
Wilton Manors $540,000 34 $340 +2.9%
Data note: Figures above are estimates based on Broward County MLS trailing 30-day closed sales for single-family residential properties as of July 2026. Condo and townhome prices vary significantly. All data is for informational purposes only and may not reflect the most current market conditions. Verify with your agent before making any financial decisions. Monthly update: Scott Lehr updates this page each month with fresh MLS data — bookmark it for ongoing market tracking.

Scott's Market Analysis — July 2026

As a licensed Florida Realtor® with over 24 years in the South Florida market, here's my read on the current conditions:

For Buyers: This is the most buyer-friendly window we've seen since 2020. Inventory is up roughly 18% compared to this time last year across Broward County. Sellers are more willing to negotiate on price, closing costs, and inspection repairs. That said, don't sleep on the right property — desirable homes in Fort Lauderdale, Weston, and Coral Springs still see multiple offers within days of listing.

For Sellers: Days on market have lengthened to the 35–52 day range depending on city and price point. Proper pricing matters more than ever. Homes priced at or below market value sell in under two weeks. Overpriced homes sit and require reductions. The era of "any price works" is over — professional marketing and accurate pricing are the two biggest levers you have.

Investment outlook: South Florida continues to attract strong institutional and individual investor demand, particularly in the $400K–$650K range suitable for short-term and long-term rentals. Cap rates have compressed but remain viable compared to other coastal markets.

— Scott Lehr, PA | The Home Owners Listing Team | Licensed Florida Realtor® since 2002

Market FAQ

What is the median home price in Fort Lauderdale in 2026?

As of July 2026, the median single-family home price in Fort Lauderdale is approximately $575,000 — a 3.2% year-over-year increase. Waterfront properties and luxury condos average significantly higher, often $1.5M–$3M+.

Is South Florida a buyer's or seller's market in 2026?

South Florida is in a transitional market as of mid-2026. Inventory has increased modestly from 2024 peaks, creating more negotiating room for buyers, but well-priced properties in desirable areas still sell quickly — often within 2 weeks. Average days on market run 35–52 days across most Broward cities.

Which South Florida city has the most affordable homes in 2026?

Among Broward County cities tracked in this report, Oakland Park and Sunrise offer the most affordable median single-family prices — $390,000 and $430,000 respectively as of July 2026. Both cities are close to Fort Lauderdale with easy freeway access.

Are South Florida home prices going up or down in 2026?

Prices across all Broward County cities tracked in this report are up year-over-year as of July 2026, ranging from +1.7% (Sunrise) to +5.2% (Aventura). Growth has moderated from the double-digit pace of 2021–2022, but the market has not reversed. Florida's no-state-income-tax advantage and strong population inflow continue to support price appreciation.

How long does it take to sell a home in South Florida?

Correctly priced homes in Broward County sell in 32–52 days on average as of July 2026. Weston homes sell fastest (avg 32 days). Aventura takes longest (avg 52 days), partly due to the higher price points. Homes priced significantly above comparable sales can sit for 90+ days and often require reductions.

Get a Free South Florida Market Analysis

Scott Lehr, PA has guided 500+ buyers and sellers through the South Florida market since 2002. Whether you're buying, selling, or investing, a custom market analysis from a local expert is the first step.

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