Broward Real Estate Update: April 2026

Broward Real Estate Update: April 2026

 

The April Numbers Are In. Broward Is Moving.

What the April 2026 Broward County market report tells buyers and sellers in West Broward right now.

 

Closed sales are up. Homes are going under contract faster. Inventory is tightening. Here is what that means for you.

Single Family Homes: A Strong April

The April 2026 report for Broward County single-family homes tells a clear story: buyers are active, homes are moving faster, and inventory is tighter than it was a year ago. Closed sales jumped 7.6% year over year to 1,134 transactions — a meaningful increase that shows demand is not slowing down heading into summer.

Closed Sales
1,134
+7.6% YoY
Up from 1,054 in April 2025
Median Sale Price
$620K
-1.6% YoY
Down from $630,000 in April 2025
Days to Contract
33
-17.5% YoY
Down from 40 days — homes moving faster
Cash Sales
267
+15.1% YoY
Up from 232 — strong cash buyer activity
Active Inventory
4,653
-18.2% YoY
Down from 5,689 — significantly fewer homes
Months Supply
4.6
-19.3% YoY
Down from 5.7 — a tightening market

The median sale price at $620,000 is down a modest 1.6% from last April, but context matters here. Homes are receiving 95.9% of their original list price — up slightly from 95.2% a year ago. Sellers who price accurately are not giving anything away. The softness in median price reflects a mix shift in what sold, not a devaluation of well-positioned homes.

The most telling number is days to contract dropping from 40 to 33 days — a 17.5% improvement. Buyers who think they have unlimited time to decide are working with outdated assumptions. Well-priced homes in West Broward communities like Parkland, Coral Springs, and Weston are still moving in under three weeks.

Townhouses and Condos: A Different Picture

The condo and townhouse segment tells a different story — and it is worth understanding why. Closed sales were up slightly at 1,105 versus 1,085 last April, but the median sale price dropped 7.9% to $258,000, and days to contract stretched from 57 to 61 days.

Closed Sales
1,105
+1.8% YoY
Up from 1,085 in April 2025
Median Sale Price
$258K
-7.9% YoY
Down from $280,000 in April 2025
Days to Contract
61
+7% YoY
Up from 57 days
Months Supply
11.0
-10.6% YoY
Down from 12.3 — but still a buyer's market

Eleven months of supply in the condo market is significant. That is a buyer's market by any definition, and it is creating real negotiating power for buyers who have flexibility on property type. For end users looking for an entry point into Broward, this segment offers genuine opportunity right now.

What This Means If You Own a Condo

With 11 months of supply and a softening median price, condo sellers need to be especially strategic about pricing and presentation. Homes that stand out on condition and are priced at the market — not above it — are the ones that close.

What West Broward Buyers Should Know Right Now

The single-family home market in West Broward is as competitive as these numbers suggest. Inventory is down sharply, homes are going under contract faster, and cash buyers are increasingly active. If you are financing a purchase, the most important thing you can do is have your pre-approval locked in and your priorities clear before you start scheduling showings.

In this market, the buyers who hesitate the longest are usually the ones who end up paying the most. Preparation is the competitive edge.

For Single Family Buyers

Inventory is tight and homes are moving in 33 days on average. Come in pre-approved, know your neighborhoods, and be ready to act. This is not a market that rewards waiting.

For Condo Buyers

You have more leverage here. With 11 months of supply and softening prices, buyers in this segment have real negotiating room. Take your time, compare carefully, and use the data to your advantage.

What Sellers Need to Hear

If you own a well-maintained single-family home in West Broward and have been thinking about selling, April's numbers are encouraging. Buyers are active, inventory is shrinking, and sellers are still receiving close to their full asking price. The window to move in favorable conditions is open — but pricing it right from day one is still the most important decision you will make.

The Pricing Reality
Homes in Broward are selling at 95.9% of original list price. Buyers are not lowballing — but they are not overpaying either.

Sellers who price with the market get offers. Sellers who price above it collect days on market and eventually sell for less than they would have if they had started correctly.

Let's Talk Through What This Means for You

Whether you are thinking about buying a single-family home in Parkland or Coral Springs, exploring the condo market as an entry point, or trying to figure out the right time to list, I am here to help you read these numbers in the context of your specific situation. The data tells a story — but the right move depends on you.

Carlos Caicedo, P.A.
Lanser-Caicedo Group | RE/MAX Direct
[email protected]

(754) 368-0783
Instagram: @CarlosSellsFlorida
www.CarlosSellsFlorida.com

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Carlos's main focus is to provide top-notch customer service backed by experience and integrity to every person he meets. If you find yourself in need of a realtor® with a heart combined and a powerful work ethic. Carlos Caicedo is the one you can always count on.

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