Oakland Park Real Estate Market Trends

Oakland Park, FloridaOakland Park

Single Family Homes

Month-YearActiveNewPendingSoldMonth's SupplyMarket FavorsAvg. Selling $Avg % of List $
Jul-191247548393.18Sellers$313,48296.22%
Jun-181203678502.40Sellers$316,24695.77%
May-181717355473.64Sellers$309,98397.43%
Apr-181645048414.00Sellers $289,777 93.84%
Mar-181626752334.91Sellers $305,180 97.66%
Feb-181325730265.08Sellers $304,526 95.58%
Jan-181254833333.79Sellers $300,817 93.12%

Oakland Park Single Family Home Trends June 2018

 

Condos & Townhouses

Month-YearActiveNewPendingSoldMonth's SupplyMarket FavorsAvg. Selling $Avg % of List $
Jul-18843530263.23Sellers$148,61296.35%
Jun-18842966412.05Sellers$160,35795.81%
May-181364343334.12Sellers$149,90295.9%
Apr-181495137393.82Sellers $151,793 92.7%
Mar-181684845523.23Sellers $158,853 95.5%
Feb-181376149373.70Sellers$130,096 93.6%
Jan-181365248226.18Balanced $131,359 94.0%

Oakland Park Condo Trends June 2018

 

Legend

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.
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
Month’s Supply – Active Listings / Sold Listings in a given month
Market Favors – For South Florida, a Balanced Market has between 5.5 and 6.5 months of supply. Under 5.5 months favors Sellers, over 6.5 months favors Buyers.

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