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Pompano Beach Homes for Sale--May 2007 Market Report

By
Real Estate Agent with Coldwell Banker Realty

May, 2007 Market Report

There are currently 826 Single Family Homes for Sale in Pompano Beach

There are 64 pending Sales of Single Family Homes in Pompano Beach (priced between $80,000 and $2,750,000).

Since May 1st, there have been 31 Single Family Homes sold in Pompano Beach at final sales prices between $115,000 and $2,150,000.
Click here to view pics and info about the homes that sold

Of the 826 Single Family Homes currently listed for Sale in Pompano Beach, 141 are Ocean Access properties

Of the 826 Single Family Homes currently listed for Sale in Pompano Beach:

202 are priced under $250,000
353 are priced between $250,000 and $499,999-- Click here to view some pics and descriptions
169 are priced between $500,000 and $999,999
81 are priced $1,000,000 and above, with the highest priced home offered at $7,450,000
Click here to view the $7,450,000 home.  It's FABULOUS!!!

There are currently 2,033 Condos, Townhouses, and Coops currently listed for Sale in Pompano Beach (priced between $59,900 and $3,295,000)

There are 122 PENDING sales of Condos, Townhouses, and Coops in Pompano Beach (priced between $99,900 and $1,750,000).  The Condos with pending sales priced over $1,000,000 are located in Aqua Lofts, Palm Cove Lofts, Santa Barbara Place, and Pompano City Place.

Since May 1st, there have been 58 closed sales of Condos, Townhouses, and Coops in Pompano Beach (they were priced between final sales prices of $112,900 and $900,000).

Information gathered from S.E. Florida MLS

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Home Buyer Tips:

Home Seller Tips

If you are Relocating to Ft. Lauderdale; thinking about Selling your Ft. Lauderdale home, Buying a Pompano Beach home, Buying a Lighthouse Point Home, or Buying a Ft. Lauderdale Home for Sale, please contact Vickie Arcuri today.
Vickie Arcuri
Your Ft. Lauderdale Realtor
Exit World Realty
(954) 708-9309
VArcuri@ExitWorldRealty.com
FT. LAUDERDALE HOMES FOR SALE
Neal Bloom
Brokered by eXp Realty LLC - Weston, FL
Realtor CRS-Weston FL Real Estate

Hi Vicki,

I'm probably getting a listing in Pompano in about a week and they already know how bad sales have been and the inventory so hopefully it will sell sooner than later.

Jun 01, 2007 12:09 AM
Vickie Arcuri
Coldwell Banker Realty - Fort Lauderdale, FL
South Florida Luxury Real Estate
Hey Neal, thanks for the comment.  You know, that's the best we can do...make sure they know what the current market is and give it our best efforts to sell quickly.  Keeping my fingers crossed for you...good luck with it!!!
Jun 01, 2007 05:02 AM
Jana Cole
Independent Exclusive Buyer Agent - Daly City, CA
Thanks for giving me a rundown of the ranges in your area. An $80,000 home?! Unheard of in the San Francisco area, where homes start around $300,000 for a condo.
Jun 02, 2007 02:46 AM
Vickie Arcuri
Coldwell Banker Realty - Fort Lauderdale, FL
South Florida Luxury Real Estate

Hey Jana, thanks for your post.  The $80,000 home is basically an extreme fixer-upper/tear-down in a community redevelopment area.  The Median price for a single family home here is around $325,000, so even at that, we do have a lower cost of living here in S. FL since you mentioned that a Condo in San Francisco starts at $300,000, not even a Single Family Home.  Have a great weekend!

Jun 02, 2007 03:32 AM