Home sales mostly flat in Miramar in November as condo sales plunged, 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.
Miramar underperformed compared to the county’s average stats, with a 2% decrease in sales of single-family homes, and a nearly 30% decrease in condo and townhouse sales from November 2024 to November 2025.
Granted, condo and townhome sales have made up less than half of the city’s real estate transactions this year, but the ones that do sell are going for higher prices than other parts of Broward.
In November, the median price for a single-family home in Miramar was $595,000, just below the county average of $600,000. On the flip side, the median sale price for condos and townhomes was one of the highest in the county, coming in at $367,000, as opposed to the Broward average of $262,250.
“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%.”
This story was originally published December 23, 2025 at 5:07 PM.