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Broward County FL Real Estate For Sale-Market Report 1/2008-4/2008

Broward County FL Real Estate For Sale- Market Report 1/2008-4/2008

Inventory has increased dramatically during present market conditions,making the days on the market(DOM) figure grow.

There is about 2 years of inventory for single family homes and 3 years of inventory for Condo/Townhomes. The majority of these homes are either foreclosures...REO's or are attempting to sell short.

Homes For Sale-Broward County FL -through 4/2008

17,359 Single family homes
22,817 Condo/Town-homes

Pending Sales-Broward County FL -through 4/2008

1,234 Single family homes
1,648 Condo/Town-homes

Closed Sales-Broward County FL- 1/2008-4/2008

1,667 Single family homes
1,921 Condo/Town-homes

This information is provided by the Southeast Florida Multiple Listing Service and is believed accurate but not warranted.

For more information please contact Neal The Real Deal Bloom-Realtor® /RE/MAX Premier Associates

2500 Weston Road ,Suite 103

Weston FL 33331

(954)608-5556

Posted by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL on 04/23/2008 04:45 PM

Comments (7)

This post has been included in Florida Information Broward County, FL Information
Post is included in group: Posts to Localism

7 Comments on Broward County FL Real Estate For Sale-Market Report 1/2008-4/2008

Ouch, Neal, that is some inventory. The worst we have for my area is about 18 months and that is the super-high-end market.

Jeff

04/23/2008 06:23 PM

by Jeff Dowler ~ Carlsbad Real Estate (RE/MAX Associates)

Hi Neal, Hope you're doing great! Nice report by the way! :)

04/23/2008 07:40 PM

by Shannon Lefevre Naples, Florida CRS (John R. Wood REALTORS Inc.)

Neal my friend great job on this market report and especially the graph. Very, very, well done!!!!

04/23/2008 09:56 PM

by George Souto (McCue Mortgage Co.)

Hi Neal, Considering that you are just out of season, the Pending and Sold numbers look surprisingly low. Was the tourism off as well? Or are people just not buying?

04/24/2008 01:48 AM

by San Diego Real Estate Voice authored by William Johnson GRI CRS e-PRO (RE/MAX Associates)

Jeff,

And those are just estimates tat change daily!

Shannon,

How are you..doing well? Thanks!

George,

Always lurking on my post...always supportive even with these posts...thanks.

William,

No such thing as season here when selling RE...there are other areas which are slower now do to season but most of Broward is hit or miss. I'm busy so I can't complain. If you want to really buy you just have to look for something...

04/24/2008 07:37 AM

by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates)

Great for eye catching stats as well as great info for this county. Sure shows what it's really like.

04/24/2008 06:33 PM

by Celeste "SALLY" Cheeseman (RA), HAWAII Real Estate & HAWAII Relocation (Century 21 Liberty Homes -Mililani, Hawaii)

Thanks Sally

04/24/2008 07:27 PM

by Neal Bloom-Realtor ® Assoc.-CRS-Weston FL (RE/MAX Premier Associates)

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