Market Report - February 2026

For Broward County, compared to the same time last year, single family home inventory is down 8.0%, closed sales increased slightly up by 1.1% and months supply of inventory is down by 5.7% with a 5 month supply of homes.  In the Condo/Townhouse sector, closed sales are down by 2.8%, median days to contract is up to 74 days a 10.4% increase, and months supply of inventory inched up to 11.9 months an increase of .9%

For Palm Beach County, compared to the same time last year, single family home sale are up by 7.9% with 1,089 closed sales, active listings down by 8.6% and months supply of inventory at 4.9 months, down by 14.0%.  In the Condo/Townhouse sector, closed sales are up by 10.7%, median days to contract is up to 69 days a 4.5% increase, and months supply of inventory dropped to 8.9 months an decrease of 11.0.%

Custom Image
Custom Image
About the Author
Andrew Velez, P.A.
If you are looking to work with a professional who is trustworthy, respectful, a good listener, an experienced negotiator and knowledgeable of current market conditions, look no further.

I believe that relationship building and personal attention are vital aspects of being a professional real estate agent. I am dedicated to delivering personalized service, exceptional communications and market expertise to all my clients. Having over 20 years experience in real estate, business, sales, technology and Internet marketing, my education and expertise will result in exceeding your expectations and ensuring successful results each and every time.

I will work with you throughout the entire transaction process to ensure that you experience the least amount of inconvenience, Whether you are selling your property or buying a property, I will assist you with negotiating the best deal possible.

My full service comprehensive Digital Internet Marketing Program includes the Internet, Social Media, Listed/Just Sold Announcements and Mailers, Specialized Community Publications, Open House Events, Global Exposure Placement Ads on key Internet sites including Google, Trulia, Zillow, Realtor.com, REMAX.com and others. I will work hard to ensure that your property is sold for the highest possible price in the shortest amount of time.

Giving back to the community is extremely important to me. I proudly support the Children’s Miracle Network Hospitals, the Susan G. Komen For Cancer organization along with a number of christian ministries within the local community.

There is no hard sales pressure from me and my team, just an education so you feel comfortable when you are making your investment and your choice for yourself and your family. I look forward to having the opportunity to earning your business.


Market Speciality

* Listings Agent / Seller Representations
* Luxury Homes
* Beach Front Properties
* Relocations
* Vacation / Second Homes
* Luxury Seasonal Rentals
* Buyer Representations