Broward County Real Estate Market Trends

Broward County Real Estate Market January 2020

 

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

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Single Family Homes

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
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%
Dec-185,9351,5111,1571,1575.13Sellers$439,88194.20%
Nov-186,1601,9991,1941,1584.3Sellers$441,24794.3%
Oct-185,9132,0102,4371,3444.40Sellers$440,872 96.28%
Sep-185,6031,7142,5911,2014,67Sellers$424,166 96.43%
Aug-185,6041,9712,5451,6253.45Sellers$441,906 96.64%
Jul-185,3932,2931,4981,2784.22Sellers$444,36297.50%
Jun-185,2651,6521,5311,4073.74Sellers$474,21597.35%
May-185,6262,4651,9351,3884.05Sellers$457,72997.43%
Apr-18 5,657 2,363 2,197 1,267 4.46Sellers $453,202 96.60%
Mar-18 5,310 2,121 3,116 1,338 3.97Sellers $432,001 95.90%
Feb-18 5,270 2,008 2,893 1,024 5.15Sellers $437,771 96.00%
Jan-18 5,091 2,007 2,528 9795.2Sellers $453,087 95.40%

Condos & Townhouses

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
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%
Dec-188,9012,5511,1231,2256.71Buyers$210,80793.10%
Nov-188,3162,2361,3001,3205.3Sellers$208,20693.5%
Oct-188,0342,3482,7041,5105.32Sellers$221,291 96.60%
Sep-187,7211,8982,7981,2516.17Balanced$218,146 96.22%
Aug-187,6332,1012,8081,5754.85Sellers$220,015 95.56%
Jul-187,4752,2281,4771,2575.95Balanced$212,44195.76%
Jun-187,5481,7471,5511,5854.76Sellers$271,86795.52%
May-188,3002,4761,9121,5005.53Balanced$232,48998.25%
Apr-18 7,845 2,582 2,563 1,476 5.32Sellers $225,872 94.50%
Mar-18 8,338 2,416 3,389 1,524 5.47Sellers $218,841 94.10%
Feb-18 8,322 2,396 3,217 1,252 6.65Buyers $220,316 94.40%
Jan-18 8,074 2,561 2,972 1,167 6.92Buyers $213,193 94.10%
This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information from the © 2019 Realtors of the Palm Beaches and Greater Fort Lauderdale Mulriple Listing Service, Inc.

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