Published October 23, 2026 in Market Update

More homes sold in Broward - FLL, even with mortgage rates above 7%

By Irene Fernandez

Real estate, Broward - FLL

Mortgage rates climbed above 7% for the first time since January 2025, according to Realtor.com. Most people expected that to slow things down. In ZIP 33304, it did not.

The Real Estate Data Aggregator counted 144 homes sold in ZIP 33304 in the three months ending August 31, 2026. That is up 45.5% from the same months in 2025. Sales rose sharply, even with rates above 7%.

Pending sales tell the same story. The Real Estate Data Aggregator recorded 146 pending sales, up 35.2% year over year. Deals in the pipeline kept growing.

Prices rose, but buyers still had room to push back

The Real Estate Data Aggregator put the median sale price in ZIP 33304 at $855,000. That is up 16.3% from a year before. Prices moved up even as rates stayed high.

Still, buyers had some leverage. The Real Estate Data Aggregator found the average sale came in at 93.6% of list price. That is down 0.4 points from a year before. Sellers got close to their ask, but not all of it.

Only 0.7% of homes sold above list price, down 3.3 points from a year before, according to the Real Estate Data Aggregator. Bidding wars were rare. Most deals closed below asking.

Homes sold faster, and supply tightened

The Real Estate Data Aggregator recorded a median of 110 days on market. That is 28 days shorter than the same period in 2025. Homes still took a while, but noticeably less so.

Months of supply dropped to 8.4 months, down 4.6 months from a year before, per the Real Estate Data Aggregator. More supply than a balanced market, but the gap is closing.

The share of homes that went under contract within two weeks of listing rose to 11.6%, up 5.1 points year over year, according to the Real Estate Data Aggregator. The quickest homes are moving faster.

What the national picture adds

Nationally, the Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Broward's 16.3% price gain in ZIP 33304 ran well ahead of that.

Realtor.com reported that 20.8% of listings nationally took a price cut in September, the highest share since October 2022. That tells you buyers elsewhere had real bargaining power. In ZIP 33304, the 93.6% sale-to-list ratio shows sellers still held most of theirs.

Nationally, Realtor.com counted active listings topping 1.16 million homes for sale in September 2026. In ZIP 33304, the Real Estate Data Aggregator counted 393 homes for sale, down 6.2% from a year before. Local supply tightened while national supply grew.

One thing to keep in mind: these numbers cover all of ZIP 33304. One street can read very differently from the whole ZIP code. A block closer to the water, or one with older stock, can sit in a different place entirely. If you want to know where your street stands, reach out.