This Miami Metro is one of the most competitive sellers’ markets in Florida – here’s why
The spring selling season is here and in Florida, a Miami metro area remains a seller’s market.
Coral Springs had the lowest inventory supply in Broward County, according to the report Real estate data from February of the Miami Association of Realtors®.
Active inventory fell 37% from a year ago, leaving just two months of supply of single-family homes and making it a seller’s market.
According to Realtor.com®the average sales price in Coral Springs is $395,000.
That is 36.2% cheaper than the average sales price in Miami itself, which is $619,500.
Since 2019, the average listing price in Coral Springs has increased by just 8.2%, from $365,154, while in Miami the average listing price grew by 54.9% over the same period.
“Coral Springs is a much more affordable alternative to Miami, and with a large number of condos listed there are plenty of low-cost options to hit the market,” says Joel Bernersenior economist at Realtor.com.
But price is not the only factor determining demand. Buyers are also attracted to Coral Springs for its location and quality of life, offering a distinctive alternative to the busier, more expensive coastal markets.
“Coral Springs is a hidden gem of a city near the Everglades in the Fort Lauderdale area. You’re a little more inland, but it’s cheaper than on the coast,” Cara Ameerbroker at Coldwell Banker in Florida, Realtor.com tells us. “Of course, for nature lovers, the proximity to the Everglades is a big draw, along with attractions like the Sawgrass Nature Center and the Everglades Conservation Levee Greenway Trail.”
Ameer notes that the Everglades serve as a built-in buffer and help protect the area from the sprawl common in other parts of Florida. “It’s also less than an hour from Miami,” she says, “so you have the convenience of the city without having to live there and deal with a lot of traffic and congestion.”
Florida real estate agent Jeff LichtensteinCEO of Echo fine propertiestells Realtor.com that Coral Springs has fewer snowbirds than other Florida cities because it is further away from the water, but the housing market remains strong.
Single-family home sales in Coral Springs increased approximately 4% year over year in February 2026, reaching 54 closed transactions. The average sales price was $690,000, well above the national median of $620,000.
Apartment activity was more modest, with 22 units sold during the month. The median sales price for townhomes and condos was $219,000, well below Broward County’s overall median of $270,000.
Other Florida cities are experiencing a shortage of inventory
Five cities in Broward County – Coconut Creek, Cooper City, Parkland, Pembroke Pines and Plantation – each have only a three-month supply of single-family homes.
All five are family-oriented suburban communities in what locals call “West Broward,” a region known for its newer housing stock, master-planned neighborhoods and highly ranked schools.
Median sales prices for those cities in February were $655,000 (Coconut Creek); $837,000 (Cooperstad); $1,350,000 (park); $663,000 (Pembroke Pines); and $725,000 (plantation).
Lichtenstein says supply is limited in this area because it is more built-up and there is less new land available, which limits supply. “People who work in Miami or Fort Lauderdale can live in the suburbs there and commute into the city,” he tells Realtor.com.
City in Florida with the most homes for sale
The city with the most inventory in Broward County is Southwest Ranches, with a 10-month supply.
The average sales price for Southwest Ranches in February was $2,338,000.
Southwest Ranches is known as the ‘Palm Beach of Broward County’ and is said to be home to many athletes and celebrities, such as Dwayne “The Rock” Johnson, Gisele Bundchen, Tyreek Hill, Mark WahlbergAnd Mike Tyson.
Joe Vairo of the The Vairo Group at exp Realty in Fort Lauderdale, Realtor.com tells us, “Southwest Ranches has always been one of the most exclusive areas in Broward County and the greater Fort Lauderdale area, especially for those who value privacy and want larger homes and more land while still being close to all the action.”
Southwest Ranches has more inventory, Vairo says, mainly because the homes are significantly larger and more expensive than those in surrounding areas. “There is a smaller buyer pool because of the higher price,” he says. “The big appeal of Southwest Ranches is the privacy, exclusivity and size of the estates and land.”
