Pompano Beach Condominium Market Update – Excluding 55+ Communities – July 2026
Home Prices, Inventory, Condo Trends & Market Conditions
Tom Dunphy Realtor | Fulton Grace Realty
Licensed Florida Real Estate Sales Associate
TomDunphySellsRealEstate.com
Appraisal & Market Analysis Background
Thomas J. Dunphy III
Florida State-Certified Residential Real Estate Appraiser – RD8755
APPRAIS
Pompano Beach Condominium Market Update – July 2026
Welcome to my July 2026 Pompano Beach Condominium Market Update, covering condominium properties outside of 55+ HOPA communities.
The Pompano Beach condominium market is showing a combination of positive and cautionary indicators. Sales activity has increased, the absorption rate has reached its fastest pace of the periods analyzed, and median sale prices have remained relatively stable. At the same time, active inventory has increased substantially and months of housing supply has risen.
For buyers, the additional inventory creates more choices and may provide additional negotiating opportunities. For sellers, the increase in competing listings makes accurate pricing and positioning increasingly important.
As both a licensed Florida real estate sales associate with Fulton Grace Realty and a Florida State-Certified Residential Real Estate Appraiser, I look at these numbers from two distinct perspectives: how current conditions affect buyers and sellers in an actual real estate transaction, and what the underlying market data indicates from a valuation perspective.
Pompano Beach Continues to Attract Condominium Buyers
Pompano Beach offers a combination of coastal living, beaches, boating, dining, recreation and convenient access to other areas of Broward County and South Florida.
Its condominium market is diverse. Properties range from smaller inland condominium communities to waterfront and oceanfront buildings, meaning market conditions can vary considerably from one project to another.
For that reason, broad Pompano Beach statistics provide an important overview of the market, but individual condominium projects still need to be analyzed separately when buying, selling or valuing a specific unit.
Pompano Beach Condominium Market Overview
The market recorded 981 settled condominium sales during the 12-month period analyzed.
Sales activity increased during each reporting period:
Prior 7–12 Months: 456 settled sales
Prior 4–6 Months: 249 settled sales
Current 3 Months: 276 settled sales
The absorption rate — which measures the pace at which available properties are being purchased — also increased:
Prior 7–12 Months: 76 sales per month
Prior 4–6 Months: 83 sales per month
Current 3 Months: 92 sales per month
The current absorption rate of 92 condominium sales per month is the fastest pace of the three periods analyzed and represents one of the more positive indicators in the current market.
Active Condominium Inventory Has Increased
While sales activity has increased, so has the number of condominiums available for sale.
Active listings increased from:
446 → 480 → 632
The increase to 632 active listings during the current three-month period is significant because buyers now have considerably more properties competing for their attention.
Months of housing supply also increased:
Prior 7–12 Months: 5.87 months
Prior 4–6 Months: 5.78 months
Current 3 Months: 6.87 months
This is an important counterbalance to the increasing absorption rate.
Buyers are purchasing more condominiums per month, but new inventory has entered the market at a pace sufficient to push overall housing supply upward.
Pompano Beach Condominium Prices Remain Relatively Stable
Median comparable sale prices were:
Prior 7–12 Months: $246,500
Prior 4–6 Months: $268,000
Current 3 Months: $265,000
The movement from $268,000 during the prior 4–6 months to $265,000 during the current three months is relatively limited.
Based on these figures, I would characterize recent median sale prices as generally stable.
That is particularly important when considered alongside the increase in active inventory.
So far, the increase in available condominium inventory has not resulted in a substantial change in recent median closed sale prices based on the periods analyzed.
Asking Prices Have Continued to Increase
Median comparable listing prices moved in the opposite direction:
Prior 7–12 Months: $271,000
Prior 4–6 Months: $279,000
Current 3 Months: $290,000
Sellers are therefore entering the market with progressively greater asking prices even as the number of competing listings has increased.
The current three-month median asking price of approximately $290,000 is also above the current median closed sale price of approximately $265,000.
This is something I would watch carefully over the coming months.
It does not mean that every condominium priced above $265,000 is overpriced. Condominium values can vary substantially depending on the building, location, unit size, condition, floor level, view, amenities and association characteristics.
However, increasing asking prices combined with increasing inventory makes proper pricing increasingly important.
Condominium Marketing Times Have Improved
Another positive indicator is the reduction in median sales days on market.
Median comparable sales days on market declined from:
102 days → 76 days → 71 days
Median comparable listing days on market also declined:
202 days → 172 days → 117 days
The current median sales marketing time of 71 days indicates that appropriately positioned condominiums continue to transact within a relatively reasonable period.
The broader exposure period for some properties may extend into the three-to-six-month range, particularly when sellers initially enter the market at asking prices that require additional market exposure or subsequent repositioning before attracting a buyer.
What Does the Absorption Rate Tell Us?
Absorption rate is one of the statistics I pay particularly close attention to when analyzing a residential market.
In simple terms, it tells us approximately how many properties buyers are purchasing each month.
Pompano Beach condominium absorption increased from 76 sales per month during the prior 7–12 months to 83 per month during the following three months and then to 92 per month during the current three-month period.
That is positive from a demand standpoint.
However, absorption should never be analyzed by itself.
During the same period that absorption increased to 92 sales per month, active listings increased to 632 units and months of supply increased to 6.87 months.
That is why I would not characterize this simply as an increasing market.
The better description, based on the overall data, is a generally stable market with increasing inventory.
What This Means for Pompano Beach Condo Buyers
Tom’s Realtor Perspective | Fulton Grace Realty
If I were representing a buyer in the current Pompano Beach condominium market, one of the first things I would point out is the increase in available inventory.
With 632 active listings represented in the current period, buyers have more properties from which to choose.
That gives us an opportunity to compare units, buildings, association fees, assessments, amenities, condition and pricing rather than feeling pressured to purchase simply because inventory is scarce.
However, I would not recommend assuming that a condominium you really like will remain available indefinitely.
The current absorption rate is 92 sales per month, and the median comparable sales days on market has declined to 71 days.
Properties are still selling.
If we identify a condominium that meets your needs and the pricing is supported by the market, I would be prepared to make an offer.
The key is being vigilant in the MLS, monitoring new listings and price changes, and being ready to act when the right opportunity appears.
Financing Preparation Matters
If you're financing a condominium purchase, I would want the financing side of the transaction organized before we begin seriously negotiating.
That means having your preapproval in place, understanding your available funds and working with a lender familiar with Florida condominium financing.
Condominium financing can involve additional considerations beyond the individual buyer's financial qualifications because the lender may also evaluate characteristics of the condominium association or project.
Being prepared before making an offer can help prevent unnecessary problems once a property is under contract.
Florida Condominium Due Diligence Is Critical
When buying a Florida condominium, I would never evaluate the purchase solely on the condition and price of the individual unit.
We also need to understand what is happening with the condominium association and building.
Depending upon the building and applicable requirements, items I would want investigated include:
- Current or pending special assessments
- Condominium association budget
- Reserve funding
- Association insurance
- Applicable structural or milestone inspection information
- Pending capital improvements
- Association litigation, if any
- Monthly condominium fees
- Recent increases in association fees
- Any available documentation that could affect financing or ownership costs
A condominium that appears attractively priced can become considerably more expensive if a buyer later discovers a substantial assessment or other association obligation.
For that reason, condominium due diligence is an important part of the buying process.
What This Means for Pompano Beach Condo Sellers
Tom’s Realtor Perspective | Fulton Grace Realty
If I were representing a seller, my primary focus in this market would be pricing and competition.
The market has increased from 446 active listings during the prior 7–12-month period to 632 active listings during the current three-month period.
That means your condominium is competing against substantially more properties for buyer attention.
At the same time, median asking prices increased from $271,000 to $279,000 and most recently to $290,000.
I would therefore be particularly careful about pushing an asking price beyond what the most relevant recent sales and competing listings support.
Buyers have choices.
If several similar units are available and one seller is priced considerably beyond the market, buyers can move on to another property.
Pricing the Property Correctly From the Beginning
There is an important difference between testing the market and properly positioning a property for sale.
The current median comparable sale price is approximately $265,000, compared with a median current listing price of approximately $290,000.
Again, that does not mean every seller should list at $265,000.
Your property's individual characteristics could support considerably more or less.
What it does tell me is that I would want to carefully analyze the most comparable recent sales along with your direct listing competition before recommending an asking price.
With inventory increasing, I would rather establish a price that can be supported by the market than spend months chasing the market through repeated price reductions.
Special Assessments and Selling Your Condominium
If you're considering selling a Pompano Beach condominium, one of the first things I would want to know is whether there is an existing or upcoming special assessment.
If there is, we need to understand the amount, remaining balance, payment schedule and how it is being handled by other sellers within the condominium project.
We also need to determine how that assessment could affect buyers and potentially affect financing.
When financially practical, resolving an assessment before or as part of the transaction may make a property easier for a buyer to evaluate.
However, every situation is different, and the appropriate strategy should be determined based on the specific assessment, property and transaction.
Appraiser’s Perspective
Thomas J. Dunphy III | Florida State-Certified Residential Real Estate Appraiser – RD8755 | APPRAIS
From an appraisal perspective, I would characterize the Pompano Beach non-HOPA condominium market as generally stable with increasing inventory as of July 2026.
There are competing market indicators.
The positive indicators include increasing settled sales, an absorption rate that increased to 92 sales per month, stable recent median sale prices and a decline in median sales days on market to 71 days.
At the same time, active inventory increased substantially to 632 listings, while months of housing supply increased to 6.87 months.
Median sale prices moved from $246,500 during the prior 7–12 months to $268,000 during the prior 4–6 months and $265,000 during the current three-month period.
Based on the most recent six months, the change from $268,000 to $265,000 supports a conclusion of generally stable recent pricing.
The market therefore has increased buyer activity, but it also has an increasing amount of available inventory.
That combination is important.
The increased inventory has not yet translated into a meaningful decline in median sale prices based on the data analyzed. However, if inventory and months of supply continue to increase, I would monitor subsequent closed-sale data carefully to determine whether sellers begin adjusting their pricing expectations.
Distressed Sales Are Not a Significant Market Factor
Foreclosure and short-sale activity remains limited.
According to the market data, only 3 of the 981 closed sales during the prior 12 months were identified as foreclosure or short-sale transactions.
As of July 31, 2026, none of the 632 active listings were reported as foreclosure or short-sale properties.
Based on those figures, distressed sales do not appear to be a meaningful influence on the overall Pompano Beach condominium market at this time.
Overall Pompano Beach Condominium Market Outlook
The July 2026 numbers present an interesting market.
Buyer activity is increasing.
The absorption rate has increased.
Recent median sale prices are relatively stable.
Marketing times have improved.
But active inventory has also increased substantially, and months of housing supply has risen.
For that reason, I would describe the current Pompano Beach non-HOPA condominium market as:
Stable overall, with increasing inventory and continued buyer activity.
For buyers, the increased selection can create opportunities, but desirable and appropriately priced properties are still selling.
For sellers, the increased competition means pricing, presentation and understanding the individual condominium project's financial and physical characteristics are increasingly important.
And for both buyers and sellers, broad market statistics are only the starting point. The individual condominium building or community must be analyzed separately.
Thinking About Buying a Pompano Beach Condominium?
As a licensed Florida real estate sales associate with Fulton Grace Realty, I can help you identify available condominiums, monitor new listings, analyze recent comparable sales and evaluate the individual condominium project before you make an offer.
Tom Dunphy Realtor | Fulton Grace Realty
Licensed Florida Real Estate Sales Associate
TomDunphySellsRealEstate.com
Thinking About Selling a Pompano Beach Condominium?
If you're considering selling, I can help you evaluate current competition, recent comparable sales, market exposure and pricing before your property is placed on the market.
In a market with increasing inventory, understanding where your condominium fits relative to its direct competition can make a significant difference.
Tom Dunphy Realtor | Fulton Grace Realty
Licensed Florida Real Estate Sales Associate
TomDunphySellsRealEstate.com
Related Pompano Beach Real Estate Market Updates
Continue exploring my July 2026 Pompano Beach real estate market reports, including:
Pompano Beach Detached Home Market Update – No HOA
Pompano Beach Detached Home Market Update – HOA Communities
Pompano Beach 55+ / HOPA Condominium Market Update
These separate market segments can behave differently, which is why I analyze them individually rather than combining all Pompano Beach residential properties into a single market report.
Disclaimer
This market update is provided for general informational and educational purposes only. Market statistics represent aggregated market data and should not be interpreted as an appraisal, comparative market analysis, broker price opinion, guarantee of future market conditions or opinion of value for any specific property.
Individual condominium values and marketability can vary based on location, condominium project, unit size, condition, floor level, view, amenities, association fees, reserves, insurance, special assessments, building condition and numerous other property-specific characteristics.
Any appraisal services referenced in this article are separate from real estate brokerage services provided through Fulton Grace Realty. APPRAIS is associated with appraisal services and is not the real estate brokerage.
Buyers and sellers should conduct appropriate due diligence and consult qualified professionals regarding condominium association documents, inspections, insurance, assessments, financing, legal matters and other transaction-specific considerations.