2025 Broward County Real Estate Market Update | The Listing Team

2025 Broward County Real Estate Market Update | The Listing Team

The Listing Team at RESF

Broward County Real Estate: 2025 Market Update

Updated January 9, 2025 | Originally published January 9, 2023

Scott Lehr

Scott Lehr
Team Leader, The Listing Team at RESF
Licensed Realtor & Market Analyst
954-342-6180 | scott@reallistingagent.com

After closing 127 transactions in Broward County last year, here’s what I’m seeing in our 2025 market – and what it means for your home’s value:

1. Price Trends: Steady Growth Continues +6.2% YoY

Key metrics across Broward:

Area Median Price Days on Market
Fort Lauderdale $625,000 38 days
Weston $850,000 42 days
Pembroke Pines $525,000 29 days
Oakland Park $475,000 24 days

Hot Spot: Oakland Park’s new downtown development is driving 9% price growth – highest in the county.

2. Inventory Shifts: More Options, Same Demand 1.9 Months Supply

While inventory has increased 18% since 2023:

  • ➤ Quality listings still sell in
  • ➤ 42% of sales have multiple offers
  • ➤ Price reductions up 15% for overpriced homes
  • ➤ New construction accounts for 22% of inventory

Pro Tip: Proper pricing strategy remains critical – overpriced homes linger 3x longer.

3. Buyer Priorities: 2025 Must-Haves What Sells Fast

Top features in current demand:

  • ➤ Hurricane-resistant features (impact windows, generators)
  • ➤ Dedicated home office spaces
  • ➤ Energy-efficient upgrades (solar panels, tankless water heaters)
  • ➤ Low-maintenance landscaping
  • ➤ Smart home technology
  • ➤ Access to top-rated schools

Homes with 3+ of these features sell 27% faster than others.

4. Interest Rate Impact 6.75% Average

How rates are shaping our market:

  • ➤ Cash buyers now 35% of purchases (up from 28% in 2023)
  • ➤ Adjustable-rate mortgages making comeback (22% of loans)
  • ➤ Price sensitivity increasing in $500k-$800k range
  • ➤ Investor activity down 15% from peak

Get Your Personalized Market Analysis

Discover exactly what your Broward County home is worth in today’s market:

Request Free Home Valuation

or text “BROWARD2025” to 954-342-6180

Neighborhood Spotlight

Where we’re seeing the most action:

Fort Lauderdale Beach Luxury Boom

  • ➤ $2M+ sales up 22% YoY
  • ➤ International buyers returning (28% of purchases)
  • ➤ Average price per sq ft: $875

Davie/Cooper City Family Favorite

  • ➤ Top choice for NYC/NJ transplants
  • ➤ Inventory under 1 month supply
  • ➤ Bidding wars on 4BR/3BA homes

2025 Predictions

  • ➤ Continued migration from Northeast states
  • ➤ Increased demand for hurricane-resistant features
  • ➤ Price stabilization in luxury condo market
  • ➤ Growing popularity of west Broward suburbs

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