Sales & Listing Activity

Posted by John Sabia on Monday, May 12th, 2008 at 9:33pm.

March 2008 numbers for Fort Lauderdale Real Estate are looking better. Could this be a beginning of a rebound into positive territory?Fort Lauderdale Single family home closings saw an increase of 60% over February's figures with a total of 434 homes sold. Condominium sales were also up with 553 condo sales representing a 41% increase. Although total number of sales were up, the Average Sales Prices was down in both categories. The Single Family home Average Sales price in March was down 11% at $423,482. The Average Sales Price for a condo was down 9% at $195,260. Pending Sales figures were up for both Single Family and Condominium categories. There were 499 homes pending (394 previous month) and 560 Condos pending (477 previous month). Total New Listing Inventory for March was down 7% and total inventory was down by 74 properties. At the present time, Fort Lauderdale has a 29 month supply of inventory for both single family homes and condos down from 46 (single family) and 42 (condos) months in February. Return to Fort Lauderdale Real Estate Home Page

John Sabia

1 Response to "Sales & Listing Activity"

john sabia wrote: test comments

Posted on Tuesday, July 22nd, 2008 at 2:32am.

Leave a Comment

Have a Question?

Contact Us

Follow Us