In the third quarter of 2026, the median townhouse or condo in Pompano Beach's 33062 ZIP code sold for $448,000. The average sold for $813,029. Both figures come from the same 127 closings in the same three months, in Florida Realtors' Q3 2026 ZIP-level report, which MIAMI REALTORS released on October 16, 2026.
The gap between those two numbers matters more than either one. A median follows the middle sale. An average follows the top. When the average comes in at nearly 1.8 times the median, a small group of very expensive sales is pulling it up. In beachside Pompano, that group lines up with a wave of new branded oceanfront towers. So the ZIP's price gain says more about which buildings closed sales than about what a 1970s two-bedroom on the same stretch of sand is worth.
The Beachside Number Runs Against the County
In September 2026, Broward's condo market moved the other way. The MIAMI REALTORS September release put the countywide condo median at $235,000, down 14.55% from a year earlier, with 10.2 months of supply. That is a buyer's market by the association's own definition.
In Q3 2026, two inland Pompano ZIPs, 33064 and 33069, followed the county down, and 33060 barely moved. The beachside ZIP climbed:
| Q3 2026, townhouses and condos | Closed sales | Median price | Average price | Months of supply |
|---|---|---|---|---|
| 33062, beachside | 127, down 6.6% | $448,000, up 12.0% | $813,029, up 26.2% | 10.2 |
| 33060 | 32, down 27.3% | $246,500, up 2.1% | $291,550, up 1.3% | 9.9 |
| 33064 | 59, down 1.7% | $199,000, down 5.2% | $241,229, down 0.6% | 10.4 |
| 33069 | 95, down 21.5% | $200,000, down 13.0% | $221,981, down 8.6% | 8.7 |
Compare the two right-hand price columns. In 33069 the average runs about 11% above the median, which is what a market of broadly similar units looks like. In 33062 the average runs about 81% above the median and grew more than twice as fast. Closed sales in 33062 fell 6.6% and cash closings fell from the prior year to 78, yet the average price rose by a quarter. Fewer sales at a much higher average means the mix of what sold shifted toward the expensive end.
The supply figure points the same way. With 510 active listings and 10.2 months of supply in Q3 2026, 33062 had as much inventory relative to sales as the rest of Broward. That much unsold supply alongside rising price figures suggests the gain was concentrated in a narrow slice of sales instead of spread across the ZIP.
What Is Selling at the Top of 33062
Over the last few years, Pompano's oceanfront has filled with branded and boutique condominium projects. The Real Deal's June 2026 survey of the city's pipeline lists their prices, and nearly every one starts at several times the ZIP median:
- Casamar, 900 N. Ocean Blvd., Related Group: 118 residences, completed in 2025, with recorded sale prices of $1.6 million to $6.4 million according to property records.
- Salato, 305 Briny Ave., U.S. Development: 40 units priced from $2 million to $5.3 million. It opened in May 2026 and was nearly 70% sold in June.
- Ritz-Carlton Residences, Pompano Beach, 1380 S. Ocean Blvd., Fortune International Group and Oak Capital: 205 residences across a 32-story Beach Tower and a 14-story Marina Tower, with three units left for sale as of June 2026.
- Waldorf Astoria Residences, Pompano Beach, Related Group and Merrimac Ventures: 92 units averaging about $1,600 a square foot, roughly 90% sold in June 2026.
Casamar's lowest recorded price, $1.6 million, is more than three and a half times the 33062 Q3 median. A handful of sales at that level does very little to a median, because a median only counts how many sales sit above and below the middle. An average adds up dollars, so each $3 million or $5 million closing pulls it up. The data comes from MLS feeds, and the pattern in it matches what a few closings in buildings like these would produce.
The developers say the brands are what changed the address. Related Group Senior Vice President Patrick Campbell told The Real Deal:
"We've gone from a place that nobody knew to getting the stamp of approval of some amazing brands that are now there. It's really an evolution. Everyone always used to say Pompa-no, and now it's Pompa-now."
The Pipeline Keeps Adding to the Top
This is not a one-quarter blip, because more top-end inventory is coming. Building Design + Construction reported in June 2026 that Waldorf Astoria Residences had topped out, with completion planned for summer 2027. Per The Real Deal, W Pompano Hotel & Residences at 20 N. Ocean Blvd. plans 77 traditional condos starting at $3.4 million, with completion expected in 2029. Armani/Casa Residences at 1550 N. Ocean Blvd. plans 28 residences starting at $5 million, scheduled for 2028. Claridge Homes' Ocean580 at 580 Briny Ave. lists 17 residences from $4.4 million.
Each time one of these buildings delivers, the 33062 average can jump again, whether or not the older buildings along the same road have moved at all. Anyone reading ZIP-level condo statistics for beachside Pompano through 2029 will be looking at a mix that keeps changing.
Older Stock Answers to Different Forces
The middle and lower end of Pompano's condo market prices off building age, association finances and lender appetite, not oceanfront branding. Cypress Bend Condominium I at 2304–2326 S. Cypress Bend Drive is a 380-unit complex completed in 1974. According to The Real Deal's February 2025 report, its association approved a $15 million special assessment in February 2024. The assessment covers concrete restoration, electrical work for recertification, stucco, roofs, catwalks and waterproofing, and owners can pay it in a lump sum or monthly over as long as 18 years.
A buyer who needs a mortgage also needs the lender to accept the association's finances, so assessment delinquencies across a building can affect a sale as much as the assessment itself. The Cypress Bend figures date from 2024 and 2025, but they describe how this end of the market works. A unit's price there depends on its building's balance sheet, which is why 33069, home to Cypress Bend, posted a 13.0% median decline in Q3 2026 while the beachside average climbed. Lender scrutiny of association finances has only increased since. Our post on how condo budgets now sit inside the buyer's loan file walks through the August 2026 changes, and Aventura's split along building age shows the same pressure in another market.
Even inside 33062, the friction shows up in how sales close. In Q3 2026, beachside condo sellers received a median 92.8% of their original list price, with 88 median days to contract. Those are the numbers of a negotiated market, not a rising one.
Pricing an Offer or a Listing Inside 33062
Because the ZIP-level number blends at least two markets, the useful comparison set is narrower than a ZIP:
- Price against your building first. Recent closings in the same tower, and in towers of similar age and amenity level along the same stretch of Ocean Boulevard, beat any ZIP figure.
- Pull the association's paper before the comps. Pending or approved special assessments, payment terms and delinquency levels can move a unit's value, and its financeability, more than a year of market drift.
- Treat the median, not the average, as the ceiling for older stock. In Q3 2026, the 12.0% median gain in 33062 is the stronger signal for a typical resale, and it was earned in a ZIP holding 10.2 months of inventory.
- Price for time if you are selling. With 88 median days to contract and a median of 92.8% of original list in Q3 2026, an older beachside unit priced off the new-tower headlines can sit through several months of listings before it gets a realistic offer.
Nothing here is legal, tax or financial advice. Assessment obligations and loan eligibility depend on your specific building and lender, so confirm your situation with a qualified attorney, accountant or mortgage professional.
Questions Beachside Buyers and Owners Ask
Does the 33062 price gain mean my older condo is worth more? Not by itself. The Q3 2026 median rose 12.0%, but the average rose 26.2%, and that gap points to expensive new-tower sales in the mix. A building-level comparison answers the question; the ZIP figure does not.
When does the next data arrive? MIAMI REALTORS lists the next Broward monthly release for Monday, November 16, 2026. It will add October figures to the September countywide picture.
Is single-family beachside Pompano following the same pattern? The 33062 single-family median reached $1,405,000 in Q3 2026, up 26.9%, with 7.0 months of supply and 45.2% of sales in cash. That market runs on houses, so the new condo towers do not shape it.
If you own or are weighing a condo in beachside Pompano, the right price for it comes from its own building's sales and records, not from the ZIP's headline. Serhii Shulha prepares building-by-building comparisons and association-document reviews for buyers and owners across Pompano Beach, and you can start with a home valuation. Schedule a Consultation to see where your unit sits between the two markets.
