Homes Are Sitting Longer. Sellers Still Aren't Budging on Price.

Ask around Hallandale or Hollywood right now and you'll hear the same thing: nothing is moving. Homes sit. Showings slow down. It feels like a market where sellers should be cutting prices just to get attention.

Here's what the data actually says.

Across the territory, the median home took 94 days to go under contract over the twelve weeks ending August 30, 2026, based on 503 recorded sales in MLS data. That's a long wait by any normal measure, and it's the number behind the feeling. But look at what sellers actually got when those homes finally sold: a median 96% of list price, on 450 priced sales across the territory. That is not a market where sellers are getting beat up at the negotiating table. That is a market where people are waiting longer, but not folding on price once a real buyer shows up.

That gap, slow to sell but firm on price, is the real story this period.

It isn't uniform everywhere.

In Hallandale, the median time to pending ran about 96 days, among the slowest readings in the territory.

Hollywood tells two different stories under one name. One Hollywood ZIP saw a median time to pending of about 60 days. The other moved in about 27 days, among the fastest paces anywhere in the territory. Two markets sharing one name, telling two very different stories about how quickly a home finds a buyer.

Price told its own uneven story.

In Hallandale, the median sale price fell about 6% compared with a year earlier.

Every other ZIP moved the other direction. One Hollywood ZIP rose about 9%, the other rose about 4%. A territory that reads as one region on paper is really three separate markets moving on their own schedules.

So why would homes sit for three months and still sell close to asking? Because the two things measure different behavior. Days on market tells you how long a house waited for the right buyer to walk through the door. Sale-to-list tells you what happened once that buyer made an offer. A slow market can still be a disciplined one, if sellers are pricing realistically from the start rather than testing the market high and chasing it down.

If you're selling in this territory right now, that combination should change your expectations, not your strategy. Price to what the data shows this period, and be prepared for the process to take longer than it did a year or two ago. The reward for patience, based on what just happened, is that you likely won't have to give up much on price to get there.

If you're buying, the extra time on market is real leverage, but 96% of asking tells you sellers here are not desperate. A lowball opener is more likely to get ignored than negotiated.

What's worth watching next period is whether that 96% holds territory-wide. If time on market keeps stretching while sale-to-list starts slipping too, that's the sign sellers are finally meeting the market on price, not just on patience. Right now, based on MLS sold data across Hallandale and Hollywood, that hasn't happened yet.