Broward County Real Estate Market Snapshot- June 2017

By
Real Estate Agent with United Realty Group

The Real Estate Market Statistics for June were just released. 

 

June 2017 was a neutral market which means there were an equal amount of buyers and sellers. That is good news for Broward County home sales as many parts of the country are experiencing a lack of inventory.

 In our current market, you can still find a home that fits your budget at affordable interest rates. 

Broward County Residential Sales Summary (includes single family homes and condos)

 

HOMES FOR SALE AS OF JUNE 17, 2017   11,861   That is down 1.5% from May 2017

Number of Homes Under Contract (Pending Sales) 3,248 That is up 4.3% from last month

Number of Homes SOLD in June : 2733 That's down 8.6% from last month

Average Active Price: $589,000

Average SOLD Price:  $326,000

Days on Market: 70

Median Price: $260,000

 

As of July 23, 2017 here are the latest Broward County statistics

For Sale: 11,781 which is down 1.7% from June 23

Pending Sales: 2141 which is down 14.3% from June 23

Closed Sales: 1281 which is down 23.4% from June 23

 

The slowdown from last month could be because we are in the height of our summer. Normally sales pick up in August as kids start heading back to school. We will see when I report the statistics in August and September 2017 for the Broward County Real Estate Market. 

To see the most up to date listings visit: BrowardCountyHomesandCondosForSale. On the site, go to Listings Search and then more filters to search by city, neighborhood or zipcode. No need to register so discover the very best that South Florida has to offer at your fingertips.

Serving Broward, Palm Beach and Miami-Dade Buyers, Sellers, and Investors.

 

Thanks for visiting! Have a great week! 

 

Flowers

 

 

 

 

 

 

 

 

Posted by

 

 

 

 

JANICE ZALTMAN 

Palm Beach and Broward County

REAL ESTATE

 

SPECIALIZING IN RESIDENTIAL HOMES AND WATERFRONT PROPERTIES

 

 Janice Zaltman - Realtor, LEED AP, GREEN

United Realty Group Inc.

Palm Beach Direct: 561 203-9621

Miami Direct: 305 632-2606

www.janicezaltman.com

 

 

 

  Call me for Residential Homes, Condos and Investment Properties in South Broward, and North Dade Counties including Bal Harbour, Surfside, Sunny Isles, Aventura, Hallandale, Hollywood,  Dania Beach, Las Olas and Rio Vista

Comments (2)

Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Janice.  Thanks for keeping us informed about the Broward County real estate market.

Jul 25, 2017 04:56 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Janice,  Thanks for the market report, always like to see what is happening in other areas of the country.

 

Jul 25, 2017 09:01 AM

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