Market Update for Broward County--THE NUMBERS

By
Real Estate Agent with EWM International Realtors, Inc.
Facts and Trends TM

Published May 2012*

Location:   Broward County
Price Range:   $0 - No Limit
SQFT Range:   0 - No Limit
Property Types:   All Res. Proptypes - All Properties - All Properties
Bedrooms:   0 - No Limit
Full Baths:   0 - No Limit
Half Baths:   0 - No Limit
Year Built:   0 - No Limit


Prepared for you by: Amanda Wilson, Realtor



Number of Homes For Sale vs. Sold vs. Pended (Feb. 2011 - Apr. 2012)



  Curnt vs. Prev Month Curnt vs. Same Month 1 Yr Ago Curnt vs. Same Qtr 1 Yr Ago
  Apr. 12 Mar. 12 % Change Apr. 12 Apr. 11 % Change Feb. 12 to Apr. 12 Feb. 11 to Apr. 11 % Change
For Sale 9745 10075 -3.3% 9745 14046 -30.6% 10123 14754 -31.4%
Sold 2309 2425 -4.8% 2309 2604 -11.3% 2237 2518 -11.2%
Pended 3646 3695 -1.3% 3646 3077 18.5% 3516 3232 8.8%



Date 2/11 3/11 4/11 5/11 6/11 7/11 8/11 9/11 10/11 11/11 12/11 1/12 2/12 3/12 4/12
For Sale 15629 14587 14046 13026 12381 11961 11578 11434 11491 11505 11260 10994 10548 10075 9745
New Listing 3890 4330 3855 3570 3629 3462 3599 3591 3886 3524 2984 4045 3801 4143 3912
Sold 2154 2795 2604 2522 2683 2199 2423 2137 2017 1947 2204 1835 1977 2425 2309
Pended 3098 3520 3077 2982 2931 2668 2778 2649 2642 2561 2350 2992 3206 3695 3646
Months of Inventory (Closed Sales) 7.3 5.2 5.4 5.2 4.6 5.4 4.8 5.4 5.7 5.9 5.1 6 5.3 4.2 4.2
Months of Inventory (Pended Sales) 5 4.1 4.6 4.4 4.2 4.5 4.2 4.3 4.3 4.5 4.8 3.7 3.3 2.7 2.7
Absorption Rate (Closed Sales) % 13.8 19.2 18.5 19.4 21.7 18.4 20.9 18.7 17.6 16.9 19.6 16.7 18.7 24.1 23.7
Absorption Rate (Pended Sales) % 19.8 24.1 21.9 22.9 23.7 22.3 24 23.2 23 22.3 20.9 27.2 30.4 36.7 37.4
Avg. Active Price 348 360 368 375 379 382 389 393 401 396 400 409 423 435 436
Avg. Sold Price 161 169 173 183 194 176 178 172 186 181 198 175 177 190 208
Avg. Sq. Ft. Price 116 119 122 122 126 116 119 117 125 117 127 120 122 124 131
Sold/List Diff. % 92 92 92 93 93 93 94 94 93 93 93 94 94 93 94
Sold/Orig LP Diff. % 84 84 85 87 86 87 88 88 87 88 87 88 89 88 90
Days on Market 97 100 94 90 92 92 87 88 91 92 93 87 90 86 85
Median 92 96 100 115 118 120 119 114 114 119 122 110 108 118 127

 

If your email program is not displaying the chart graphs properly, please click on the following link which will take you to a web page that contains the graphs: Show Chart

*All reports are published May 2012, based on data available at the end of April 2012. This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Comments (0)