In this video, real‑estate professional Scott Selleck breaks down the February 2026 Broward County housing market for prospective buyers, especially those moving from New Jersey. He reports a median single‑family home price of about $625,000 (up 2.5% YoY) with inventory down 8.5% and a balanced supply of roughly 6.1 months. Homes priced correctly sell in ~37 days at 97.5% of asking, while overpriced homes linger >170 days and close at ~88% of list. The condo/townhouse segment shows 14 months of supply, a median price of $260,000, and >60% of listings needing price cuts, indicating buyer opportunities. Selleck highlights attractive communities (Fort Lauderdale, Pompano Beach, Coral Springs, Weston) and stresses that success hinges on accurate pricing and local expertise. He offers a high‑touch, data‑driven relocation service that coordinates selling a New Jersey home and purchasing in Florida, with links to the full report and resources.
Chapters
If you're thinking about moving to South Florida, understanding the real estate market in Broward County is critical before you buy. Today I'm breaking down the February 2026 Broward County market report and the key insights buyers and homeowners relocating from New Jersey should understand before making a move. The Broward County housing market is currently showing moderate inventory with steady demand. The median home price is now around $625,000, which which is about 2.5% higher than last year, while inventory has actually declined compared to 2025. At the same time, homes are taking longer to sell, with the median days on market increasing to about 94 days. This tells us the market is more balanced than the fast-moving pandemic years. Broward County currently has about 6.1 months of housing supply, which puts the market close to a balanced level between buyers and sellers. Inventory is actually 8.5% lower than last year, meaning buyers still face competition when a home is priced correctly. But when homes are overpriced, they can sit on the market much longer. One of the most important insights from this report is the impact of pricing strategy. Homes priced correctly are selling in about 37 days on average and close to 97.5% of the asking price. But when homes are overpriced, they can sit on the market for more than 170 days and sell for closer to 88% of the original list price. In other words, pricing strategy is everything in this market. The condo and townhouse market in Broward County is even more competitive for sellers. Inventory is significantly higher with about 14 months of supply, which gives buyers many more options. The median condo price is around $260,000, and more than 60% of listings require price reductions before selling. That creates opportunity for smart buyers. For buyers relocating from New Jersey or the Northeast, Broward County still offers strong long-term value. Communities like Fort Lauderdale, Pompano Beach, Coral Springs, and Weston continue attracting buyers looking for lifestyle, climate, and tax advantages. But success in this market depends on having the right strategy and local guidance. If you're considering a move from New Jersey to South Florida, I help homeowners create a strategy to coordinate selling their New Jersey home while purchasing in Florida. High-touch service, data-driven decisions, zero surprises. You can explore the full market report and relocation resources in the links below.
