REAL ESTATE SALES AND LISTING UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
July 1, 2009 - July 31, 2009
Broward County includes well known cities of Coconut Creek, Coral Springs,
Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point,
Parkland, Plantation, Sunrise, Tamarac and Weston.
There are currently 9,226 Single Family Homes LISTED FOR SALE in Broward County.
3924 priced under $250,000
2886 priced between 250,001 and $500,000
880 priced between $500,001 and $750,000
530 priced between $750,001 and $1,000,000
377 priced between $1,000,001 and $1,500,000
231 priced between $1,500,001 and $2,000,000
399 priced over $2,000,000
For the month of July, 985, Single Family Homes SOLD in Broward County.
563 were sold under $250,000
479 were sold between 250,001 and $500,000
54 were sold between $500,001 and $750,000
23 were sold between $750,001 and $1,000,000
18 were sold between $1,000,001 and $1,500,000
5 were sold between $1,500,001 and $2,000,000
1 was sold over $2,000,000
There are currently 15,199 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
11,386 are priced under $250,000
2365 are priced between 250,001 and $500,000
680 are priced between $500,001 and $750,000
331 are priced between $750,001 and $1,000,000
228 are priced between $1,000,001 and $1,500,000
118 are priced between $1,500,001 and $2,000,000
89 are priced over $2,000,000
For the month of July, 942 Multi-Family Homes SOLD in Broward County.
Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.
874 were sold under $250,000
50 were sold between 250,001 and $500,000
12 were sold between $500,001 and $750,000
3 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,00
0 were sold between $1,500,001 and $2,000,000
0 were sold over $2,000,000
Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach. Figures quoted are for the cities we serve and not all of Palm Beach county.
There are currently 7412 single family homes listed For Sale in Palm Beach County.
2572 priced under $250,000
2433 priced between 250,001 and $500,000
893 priced between $500,001 and $750,000
520 priced between $750,001 and $1,000,000
367 priced between $1,000,001 and $1,500,000
261 priced between $1,500,001 and $2,000,000
570 priced over $2,000,000
For the month of July, 697 Single Family Homes SOLD in Palm Beach County.
355 were sold under $250,000
244 were sold between 250,001 and $500,000
46 were sold between $500,001 and $750,000
12 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
12 were sold between $1,500,001 and $2,000,000
14 were sold over $2,000,000
There are currently 2923 Multi-Family Homes LISTED FOR SALE in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
2402 are priced under $250,000
341 are priced between 250,001 and $500,000
84 are priced between $500,001 and $750,000
57 are priced between $750,001 and $1,000,000
23 are priced between $1,000,001 and $1,500,000
9 are priced between $1,500,001 and $2,000,000
7 are priced over $2,000,000
For the month of July, 604 Multi-Family Homes SOLD in Palm Beach county.
543 were sold under $250,000
39 are sold between 250,001 and $500,000
11 were sold between $500,001 and $750,000
6 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,000
None were sold between $1,500,001 and $2,000,000
None were sold over $2,000,000
To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.
Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the Realtor Association of the Palm Beaches.
In Broward County there are over 700 less listings and the sales about the same as last month. In Palm Beach county (NOTE: You may see a large reduction in recent inventory numbers as we decided to only report on the areas in Palm Beach county that we are selling in and this cities are identified in the heading of that county. Palm Beach single family listings were about 400 units less and the sales up but a little over 100. Less in the multi family listings and an increase in sales for Palm Beach.
On a personal/professional note, four months ago we said - NOW, Is the time to Buy!!! Yes there are some deals out there in the under $100,000, under $75,000 and under $50,000 multi-family market, but they are scooped up as quick as they come on the market and often sell for more than asking price. Four months ago, there wasn't this kind of competition.
Remember if you are taking advantage of the government's gift of $8,000, you have to be closed by November 30th, 2009. The average short sale closing takes 4 months. That means you need to be in contract in August. Hurry!!!!
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