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Market Update for Broward County--THE NUMBERS

Real Estate Agent with EWM International Realtors, Inc.

May 14, 2012 03:29 AM

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

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*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.