October 2017

Found 2 blog entries for October 2017.

Local Real Estate Market Update - Broward County

The August Broward County Market Update shows a continuing trend, a market favoring home sellers. Inventory levels are at a 3.8 months supply of homes for sale and  condos for sale are at a 5.6 month supply. These levels are very close to last years numbers. Supply levels of 5.5 months generally indicate the real estate market is well balanced. inventory under 5.5 months indicate a market that favors seller's.  when supply is over 5.5 months, the market favors buyers. 

Broward County Market Report August 2017

Drilling Down Deeper Into the Numbers

Condos & Townhouses

During the month of August, sales for Condos & Townhouses in Broward County totaled 1,360 sales. This number is down 10.6% from total sales in 2016. Cash sales totaled

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Local Real Estate Market Update - Broward County

The overall Real Estate market report for Broward County shows the trend is still in favor of sellers, indicating a sellers real estate market. As you can see from the chart below, there is a 3.9 months supply of inventory for homes for sale and 5.9 months supply of condos for sale, slightly changed from same period last year. Experts agree that 5.5 months typically indicates a balanced Market. when inventory is less than 5.5 months of supply, it is considered a seller's market.  conversely, when inventory for sale exceeds 5.5 months, it signals a buyer's market. 

Broward County Market Report July 2017

Drilling Down Deeper Into the Numbers

Condos & Townhouses

In the month of July, There were 1,346 total sales for Condos &

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