The April 2025 real estate numbers are in for Pompano Beach, and they tell a story of shifting dynamics across both the single-family, condo and townhouse sectors. While prices continue to rise in many categories, sales activity shows signs of cooling amid rising inventory and longer time on the market.

Pompano Beach Single-Family Home Sales April 2025:  Prices Up, Sales Down

April brought a noticeable slowdown in single-family home transactions, with closed sales down 31.8% compared to April 2024 (from 44 to 30 homes). However, median sales prices jumped by 19% to $562,500, reflecting continued buyer demand and limited inventory in key price segments. The average sales price also nudged upward by 1.5% to $706,983.

Despite the price growth, the total dollar volume dropped 30.8%, indicating fewer high-value transactions or a significant slowdown in buyer volume.

  • Inventory rose 27.2% year-over-year to 248 homes.
  • Months supply of inventory is now at 6.6 months — a 24.5% increase — suggesting a shift toward a more balanced market.
  • Pending sales fell by 13.5%, and new listings dipped slightly, which could indicate hesitation among both buyers and sellers.

 

Pompano Beach Townhomes & Condo Sales April 2025: Price Trends Diverge from Sales

The condo and townhouse segment mirrored the slowdown in single-family homes, with a 32.8% drop in closed sales compared to last April. However, average prices increased by 14.6%, reaching $432,768, while the median price fell slightly by 4.1% to $300,000 — possibly reflecting a mix shift toward lower-end units.

  • Dollar volume declined 19% to $36.4 million.
  • Inventory jumped 30.6% to 845 units, while months of supply rose to 10.8 — a 45.9% increase.
  • Median time to contract extended to 77 days, up over 28%.

Year-to-date, closed sales are down 17.3%, and pending sales have dropped 10.2%, signaling a softer buyer pool compared to 2024.

 

Market Takeaway

Pompano Beach is clearly transitioning from a hot seller’s market to a more balanced — possibly even buyer-friendly — environment. With inventories rising and sales declining across the board, buyers may begin to see more negotiation power and options in the coming months.

Still, price resilience in both segments reflects long-term confidence in the Pompano Beach market, especially with new developments and infrastructure projects underway.

Looking to buy or sell in Pompano Beach?

Call Pompano Beach Realty at 954-505-6000 to navigate this evolving market with expert guidance.