Oakland Park Real Estate Trends – April 2017

Oakland Park Single Family Inventory - April 2017

The above chart show increases in Sales & Pending contracts.  New listings show a sharp drop, primarily due to large number of new listings in March 2017.

Oakland Park Single Family Pricing - April 2017

Prices for Single Family Homes continues to improve showing increases over 2016.

Oakland Park Condo Inventory - April 2017

Condo sales on the decline, as investor sales continue to represent a smaller percentage of sales, and new home buyers struggle with obtaining financing due to strict regulations on lender financing, and increased costs for FHA loans.

Oakland Park Condo Pricing- April 2017

Although sales are dropping, prices continue at a steady pace to recover levels lost prior to 2011.