The most recent sales statistics for single family homes in Broward County, FL are out. Following are a few key statistics: 1,243 single family home sales closed in February 2021 compared to 1,004 in 2020; the median price of a single family home is now $433K versus $385K in 2020 and the number of new listings was virtually unchanged in Feb. 2021 compared to Feb. 2020.
There are two measures to gauge how quickly homes are selling: Days on Market (time between listing the property & going pending) and month's supply of inventory. Both of these measures were significantly lower in Feb. (3 comments)