Coral Springs has lowest supply of homes for sale in Broward, new data shows
The supply of homes for sale in Coral Springs has fallen dramatically in the past year, making the city one of the most competitive sellers’ markets in Broward, according to February real estate data.
The Broward County real estate market at large had another mostly flat month following several months of momentum, according to the MIAMI Association of Realtors.
Broward single-family home sales increased 1.1% this February versus last February, while condo transactions decreased 2.8% year-over-year.
The area of greatest growth was home sales over $1 million, which rose 20% year-over-year.
The number of single-family home sales in Coral Springs rose approximately 4% in February 2026, with 54 closed sales compared to the year before. But the most remarkable statistic is that Coral Springs had the lowest supply of inventory in the county.
Active inventory plummeted 37% year-over-year, creating a two-month supply of single-family homes if sales continue at the current rate.
The squeezed inventory in Coral Springs reflects a trend happening across the county, analysts say.
“Total active listings at the end of February 2026 decreased 7.5% year-over-year, from 17,048 to 15,764,” according to the Miami Realtors. “Decreasing supply means more buyer competition and upward price pressure.”
So far, Coral Springs has been spared from ballooning prices as a result of constrained inventory, but it’s still more expensive than Broward County at large, with a median sales price of $690,000 compared to the county’s median of $620,000.
The northwest Broward city has a smaller market for condos and townhomes, which are lumped into one category by MIAMI Realtors.
Sales in February dropped 4% as opposed to the year before. But you can get a better deal in Coral Springs, where the median price for townhomes and condos sold was $219,000, versus $270,000 in general Broward County.
“Condos are the entry point into the South Florida real estate market,” Broward-MIAMI President Sophia Allen said. “Broward offers more price accessibility; more land and more square footage than Miami. … All three counties are part of the South Florida region, and each market supports the other in making this one of the nation’s hottest real estate markets.”
Broward County’s residential real estate market may also be bolstered by an influx in new residents, at least according to driver’s license data obtained by the realtor association. In 2025, the number of driver’s license exchanges rose 6% in the county, with former residents of California, Georgia and Virginia leading the way.
While analysts say the war in Iran and other geopolitical events could affect the market, the high-end real estate market is expected to endure.
“I expect South Florida’s million-dollar segment to hold up remarkably well because of the acceleration in wealth migration from high-tax states, the high cash transactions in this segment and the increased diversification of high-net-worth individuals into real estate,” MIAMI Realtors Chief Economist Gay Cororaton said.