Months of supply estimates how long the homes currently for sale would take to sell at the recent pace. More months generally give buyers more choice. The median is the middle sale price; it does not track the same home over time.
Broward condos
10.2 months
More choice than house buyers have.
What changed
Supply is 10.2 months, versus 4.2 for houses. Condo active inventory is down 12% year over year.
What it means · What to do
Why it matters
Buyers have more room to compare units, but shrinking inventory means that room is not guaranteed to keep widening.
RET view
Compare total monthly costs, reserves, planned work and lending eligibility before negotiating.
Who should care: Condo buyers, sellers, investors and agents
Source ↗ · September 2026
September 2026
What this means for your decision ↗Boca Raton
78 days
A higher median is not a reason to rush.
What changed
The all-home median rose 8.3% year over year; 27.6% of listings in the series had price drops.
What it means · What to do
Why it matters
The city headline can rise while individual sellers still negotiate.
RET view
Choose the building or community first, then compare recent similar sales and homes for sale.
Who should care: Boca buyers and sellers
Source ↗ · Three months ending September 2026; all home types
Three months ending September 2026; all home types
What this means for your decision ↗South Florida luxury
407 sales
The highest price tier has a different buyer pool.
What changed
The regional report records 407 sales at $10M or more through September; 86% were cash.
What it means · What to do
Why it matters
That buyer pool is less dependent on mortgage qualification. It does not establish demand for every expensive property.
RET view
Check the features a future buyer could not easily replace, the annual costs and competing homes. Regional growth does not value an individual home.
Who should care: Luxury buyers, sellers and developers
Source ↗ · Year to date September 2026; regional report
Year to date September 2026; regional report
What this means for your decision ↗Financing
7.32%
A lower weekly rate still leaves a large financing bill.
What changed
Freddie Mac’s 30-year benchmark fell from 7.40% a week earlier; it was 6.19% a year earlier.
What it means · What to do
Why it matters
The current payment can remain meaningfully higher than a year ago even after a better week.
RET view
Obtain an actual loan quote, including points and fees. The national conforming benchmark is not a jumbo quote.
Who should care: Financed buyers and sellers whose buyers need a mortgage
Source ↗ · Week of 22 October 2026; U.S. conventional conforming benchmark
Week of 22 October 2026; U.S. conventional conforming benchmark
What this means for your decision ↗New development
35% at signing
The timing of deposits changes the comparison.
What changed
Waldorf Pompano’s October 5 schedule requires 35% at signing. Rivage’s October 23 schedule begins at 20%, with 40% before closing.
What it means · What to do
Why it matters
Two homes with similar prices can tie up very different amounts of cash at the start.
RET view
Compare trigger dates, refund rights and delivery risk in the actual agreement, alongside the headline price.
Who should care: Preconstruction buyers, investors and developers
Source ↗ · Developer packages: 5 and 23 October 2026
Developer packages: 5 and 23 October 2026
What this means for your decision ↗These county figures help show who has more room to negotiate. RET considers homes for sale, selling times and negotiated prices together. A specific home may face different competition.
Broward · Single-family
Moderate seller leverage
4.2 months of supply · 39 days to contract
Prepare financing and inspections for a well-priced house. Check a high asking price against recent sales of similar homes.
- Sale price as % of original asking price
- 96%
- Homes for sale: change from a year earlier
- -18.1%
- Sales: change from a year earlier
- Not verified: source figures need reconciliation
- Listings with a price cut
- Not available in this county report
For sellers
Price against current competing houses. A tighter county backdrop does not justify ignoring a cheaper comparable.
Source ↗ · September 2026
Broward · Condo
Strong buyer leverage
10.2 months of supply · 69 days to contract
Compare several units, then negotiate price, credits and terms after checking the building budget and lending eligibility.
- Sale price as % of original asking price
- 93%
- Homes for sale: change from a year earlier
- -12%
- Sales: change from a year earlier
- Not verified: source figures need reconciliation
- Listings with a price cut
- Not available in this county report
For sellers
Budget and inspection documents help defend the price. Competing units and ownership costs matter more than the old peak.
Source ↗ · September 2026
Palm Beach County · Single-family
Moderate seller leverage
3.6 months of supply · 43 days to contract
Have the financing ready, but compare the same community and condition before paying for urgency.
- Sale price as % of original asking price
- 95%
- Homes for sale: change from a year earlier
- -19.64%
- Sales: change from a year earlier
- -2.67%
- Listings with a price cut
- Not available in this county report
For sellers
Fewer houses for sale support realistic pricing. They do not automatically justify charging more than a similar competing home.
Source ↗ · September 2026
Palm Beach County · Condo
Balanced
6.8 months of supply · 53 days to contract
Compare the specific building costs and available homes. County figures do not describe every Boca neighborhood or tower.
- Sale price as % of original asking price
- 93%
- Homes for sale: change from a year earlier
- -15.27%
- Sales: change from a year earlier
- -4.28%
- Listings with a price cut
- Not available in this county report
For sellers
Explain the full costs and compare nearby homes with similar association fees and responsibilities.
Source ↗ · September 2026
What the negotiating labels mean
Strong buyer leverage means several signs favor a patient buyer. Moderate buyer leverage means buyers have some advantage. Balanced means neither side has a clear overall advantage. Moderate seller leverage means fewer choices for buyers, with room to negotiate on individual homes. Strong seller leverage needs clear evidence of limited supply and competing buyers; no segment in this edition has that label.
Months of supply estimates how long the homes for sale would take to sell at the recent pace. More months generally mean more choice for buyers. The county source calls 6–9 months balanced. RET also considers selling times, prices paid compared with original asks, and changes in the number of homes for sale. These labels are judgments about the market, not a property score.
Days to contract measure the wait for an agreement, not the full time until closing. Sales at 93% of original asking prices show that sellers accepted less on average; they do not promise 7% off a current ask. Palm Beach County figures are broader than Boca Raton. County price-cut shares are not verified, and Broward sales direction is withheld until the source figures agree.
