Broward County Real Estate Market Trends

Active – Total number of listings available for sale.
New – Total number of properties listed for sale in the month.
Pending – Total number of listings under contract.
Sold – Total number of properties closed.
Month’s Supply – Active Listings / Sold Listings in a given month
Market Favors – Balanced Market = 5.5 and 6.5 months of supply. Sellers = Under 5.5 months. Buyers = Over 6.5 months.
Average Selling $ – Total Dollar Volume in Month divided by Total Number of Properties Sold
Average % of LP – Median Percentage of List Price = Sales Price divided by List Price

Single Family Homes

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
Apr-212,1982,0681,9931,7981.30Sellers$687,02698.10%
Mar-212,3682,2332,1561,9341.40Sellers$655,88197.60%
Feb-212,5001,7991,8811,2741.60Sellers$631,42496.80%
Jan-212,8731,8691,7491,1971.90Sellers$550,22196.70%
Dec-203,0571,5071,4591,6792.00Sellers$592,39396.70%
Nov-203,3201,5571,4441,4632.20Sellers$556,04796.50%
Oct-203,5202,1111,7901,6802.40Sellers$526,34796.20%
Sep-203,4971,9801,8391,5522.40Sellers$565,23796.30%
Aug-203,7341,9921,8441,6772.60Sellers$526,34796.20%
Jul-203,9032,1382,0951,7202.80Sellers$507,35996.10%
Jun-204,3012,0162,0611,3253.20Sellers$492,84095.00%
May-204,9271,7631,8178243.70Sellers$466,48494.60%
Apr-205,1881,3748399863.90Sellers$475,13095.40%
Mar-205,1311,9951,2921,0213.60Sellers$497,94094.90%
Feb-205,0821,9651,6411,3603.40Sellers$538,36794.80%
Jan-205,2752,2871,4459834.00Sellers$488,46294.50%
Dec-195,1031,4281,1111,3333.50Sellers$494,85194.30%
Nov-195,3911,7251,2701,1863.7Sellers$456,92794.90%
Oct-195,4252,1441,5231,3494.02Sellers$455,10094.80%
Sep-195,4521,8901,3741,2364.41Sellers$433,02695.00%
Aug-195,5142,0181,5331,4463.81Sellers$449,75194.90%
Jul-195,6432,1891,6591,6483.42Sellers$468,55194.80%
Jun-195,7752,2021,7161,4833.89Sellers$468,32695.00%
May-195,9152,3891,8161,6613.56Sellers$454,86294.80%
Apr-196,3392,4001,9061,5094.20Sellers$456,69496.85%
Mar-196,1882,4671,8161,3944.44Sellers$440,74496.09%
Feb-196,2782,1801,4971,0006.28Balanced$440,86395.78%
Jan-195,7982,4531,2709396.17Balanced$444,34495.54%

Condos & Townhouses

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
Apr-215,1762,4742,6432,2612.80Sellers$288,54894.90%
Mar-215,8492,6092,8472,2223.50Sellers$293,97194.50%
Feb-216,7042,2972,3191,4994.30Sellers$290,76893.90%
Jan-217,2622,5482,0041,3074.80Sellers$274,87694.40%
Dec-207,4091,9511,6621,8095.00Sellers$267,66193.90%
Nov-207,9262,1621,6881,5055.50Balanced$281,01694.30%
Oct-208,0452,4551,9201,6205.70Balanced$243,29593.80%
Sep-308,1322,4621,7891,4665.90Balanced$234,40393.80%
Aug-208,0962,3621,7441,4316.00Balanced$244,40193.80%
Jul-208,1682,4651,7831,3846.10Balanced$253,21393.50%
Jun-208,2462,3581,6911,0286.20Balanced$236,69293.00%
May-208,3551,9041,2067186.30Balanced$240,64792.60%
Apr-208,2561,2656729836.00Balanced$235,65693.60%
Mar-208,3522,1941,2261,5055,60Balanced$236,00893.20%
Feb-208,2192,4661,8091,1615.30Sellers$240,44693.10%
Jan-208,2622,8461,6141,0575.40Sellers$242,46893.30%
Dec-197,7071,7801,2211,4025.00Sellers$229,76293.20%
Nov-197,9572,2231,4471,1735.20Sellers$214,30293.50%
Oct-197,8232,3611,4941,2936.05Balanced$212,19993.60%
Sep-197,6992,1261,3611,3905.54Balanced$212,51593.20%
Aug-197,5912,1501,6351,4675.17Sellers$222,59393.40%
Jul-197,8332,2411,6871,5495.06Sellers$222,08892.60%
Jun-198,1112,2551,6591,4975.42Sellers$226,18392.90%
May-198,3192,3301,7981,7164.85Sellers$227,40692.80%
Apr-198,9012,5511,9141,5445.76Balanced$231,10895.92%
Mar-198,8072,5331,8911,5175.81Balanced$232,12396.14%
Feb-199,0192,5531,5661,1737.69Buyers$331,66994.65%
Jan-198,3713,0291,4331,1107.54Buyers$221,64795.79%
Current as of January 17, 2021. Data courtesy of BeachesMLS, a subsidiary of Broward, Palm Beaches & St. Lucie Realtors®

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IF YOU ARE CONSIDERING BUYING OR SELLING PROPERTY, CONTACT ME AT 954-632-5100.