Coral Springs saw major growth in single-family home sales in November, data shows
Broward County single-family home sales jumped 14% in November vs. the same time last year as total home sales rose for the third straight month, according to new figures from the MIAMI Association of Realtors.
Meanwhile, condo sales year-over-year fell flat, even as sales of the priciest properties for over $1 million were up by about 5.6%.
“There is pent up demand for Fort Lauderdale and Broward County real estate, and the recent decline in mortgage rates is influencing buyers to come off the sidelines,” Broward-MIAMI President Sofia Allen said in a Dec. 19 news release.
Overall, residential real estate transactions in Broward County were up 6.9% year-over-year in November 2025, from 1,623 to 1,736, with single-family homes accounting for just over half of all sales.
Prices for single-family homes, as well as for condos and townhomes, were cheaper compared to this time last year.
Coral Springs outpaced Broward County growth at large with a 35% uptick in sales of single-family residences from November 2024 to November 2025. It’s also one of the most competitive markets in Broward for buyers, with only a three months’ supply of inventory, giving sellers the advantage.
The northwest Broward city remains in the No. 3 spot for single-family home sales so far this year, although it has one of the smaller markets for condo and townhome sales.
In November, the median price for single-family home was $657,000 in Coral Springs, higher than the county average of $600,000, while the median price for condos and townhomes in the city was lower than the county average, coming in at $201,000 across 28 sales last month.
“Falling mortgage rates in the second half of the year really kicked up homebuying, with single-family sales up for the third consecutive month in November across all Southeast Florida counties,” MIAMI Realtors Chief Economist Gay Cororaton said. “With this positive momentum, the housing market is poised for a turnaround in 2026, with single-family sales projected to increase 5% and single-family prices forecasted to increase 4%.”