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Local Market Watch
Waterfront 
Market Intelligence Series

Northeast Broward County Oceanfront Condos

Market Segment: Oceanfront Condos (excluding Condo/Hotels) in Fort Lauderdale, Pompano Beach, Lauderdale-by-the-Sea, Hillsboro Beach and Deerfield Beach.
Executive Summary:

Northeast Broward County oceanfront condos are currently in market equilibrium, with 552 active listings, 57.4 sales per month, 9.6 months of supply, and a market index of 59 as of June 9, 2026. The latest trailing six-month data shows improving demand and modest price growth, with 383 units sold from December 2025 through May 2026, up 17.1% year over year, while median sale price rose 6.6% to $650,000 and price per square foot increased 1.5% to $469. Market pace was essentially steady, with days on market edging down from 71 to 70 and the sale-to-list ratio holding at 94%. Over the longer term, pricing remains below the 2022 peak, with the 2025 median sale price at $640,000 versus $680,000 in 2022, although annual sales volume ticked up slightly to 643 closings in 2025. Overall, the market appears to be stabilizing with firmer absorption and gradually improving pricing, even as it continues to settle below peak-cycle levels.

Local Inventory Analysis

Sales per Month Months of Supply *Market Index Market Condition
57.4 9.6 59 Balanced

59

Waterfront 
Market Index

"Balanced"

Buyer's
Market

Balanced
Market

Seller's
Market

*The Market Index is calculated using a proprietary methodology and offers consumers a concise view of overall market conditions.

 

Trailing 6 Month Analysis

*The trailing six-month analysis is the most statistically reliable method for evaluating sales activity in smaller local market segments.

 

Median Sale Price and Sales Volume: 10-Year Trends

06/09/2026

**Data compiled, analyzed and curated by By The Sea Realty. Source: Beaches MLS. Market Index methodology is proprietary.

 

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Oceanfront Condo Specialist
954-980-7795

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Market Intelligence Blog

Rich Barnhart
954-980-7795
Oceanfront Condo Specialist

Local Inventory Analysis

The Inventory Table shows Active Listings, Median List Price, High List Price and Low List Price at the end of the most recent report month.

Sales per Month: The average number of sales per month based on total sales over the past 12 months.

Months of Supply: The number of months it would take to absorb the current active inventory based on the average monthly sales pace.

The Market Index is calculated using a proprietary algorithm based on Month’s of Supply, Days on Market, Sale Price/List Price Ratio and change in Closed Sales Volume. A lower index indicates a Buyer’s Market and a higher index indicates a Seller’s Market.

Trailing 6-Month Analysis

The Trailing 6 Month Analysis is a rolling view of market activity based on the most recent six months of data. Instead of analyzing just one month, this approach combines the latest six months to smooth out short-term fluctuations. This is especially useful in smaller local markets, where low monthly sales volume can distort one-month results. By analyzing the most recent six months together, it reduces volatility and offers a clearer view of underlying market conditions.

Affect on Seasonality: The Trailing 6 Month Table lists 6 metrics pulled from 6 months of sales data, and compares those metrics to the same period of time last year. Comparing the latest six months to the same period last year helps reduce seasonality by measuring performance against the same seasonal window.

Median Sale Price & Sales Volume: 10 Year Trends

The 10-Year Trend Table shows Median Sale Price, Median Dollar per Square Foot ($/SqFt) and Units Sold over the past 10 years. The table also includes year over year changes (% Δ) to Median Sale Price and $/SqFt. 

The 10-Year Trend Chart visually demonstrates the change in Median $/SqFt compared to Total Units Sold per year. Median $/SqFt provides a more stable measure of pricing change, especially in smaller local markets where median figures can be heavily influenced by the size, quality, or price range of properties sold in a given period.