Coral Springs home demand surges as Broward sales climb, new data shows
Coral Springs remains one of the hottest home markets in Broward as demand continues to outpace supply, according to recent data.
The Broward County market overall saw a 0.9% rise in home sale transactions in May, the third straight month of growth, while inventory remains crunched, according to the MIAMI Association of Realtors.
Single-family home sales in Broward increased 3.24% year-over-year in May 2026, while condo sales decreased 1.48% year-over-year.
“Sales of Broward properties priced at $1 million and above climbed 17.6% from a year earlier,” according to analysts. “At the more accessible end of the market, condo sales in the $400,000 to $500,000 price range surged 12% year-over-year.”
The “phenomenal” rise in million-dollar properties could make this the strongest year since 2021, MIAMI Realtors + RWorld Chief Economist Gay Cororaton said.
Meanwhile, Broward is facing falling inventory, with single-family home supply dropping 22% year-over-year county-wide and a whopping 43% in Coral Springs.
Coral Springs also only has a two-month supply of inventory in a strong seller’s market, tying it as the most competitive market in Broward. The median time to contract is 17 days, the quickest turnaround time in the county, data shows.
Both the number of single-family home transactions and the prices themselves notched up slightly versus the same time last year in Coral Springs, with a 5% bump in closed sales (87 total) and an 8% rise in the cost.
Coral Springs was far more expensive than the rest of Broward County in May, with a median sale price of $725,000 compared to $630,000 countywide.
It’s also a major increase from last month, when sale prices were $686,000 in Coral Springs, although analysts compare prices year-over-year rather than month-to-month to account for seasonal fluctuations.
On the other hand, the condo and townhome market in the city offers more comparable prices, with a median of $233,000 in Coral Springs vs. $275,000 in the rest of Broward. Condo prices were flat in May while the number of sales dropped 3% year-over-year, with 30 transactions last month in the city.
“The continued growth of South Florida real estate is driven in large part by the connectivity between our counties,” Broward-MIAMI Realtors President Sophia Allen said. “Brightline and Tri-Rail are strengthening regional mobility, giving residents greater flexibility in where they live and work. At the same time, the significant wealth migration into our region continues to fuel demand.”