Metro Fort Lauderdale Real Estate Market Update

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Commercial Real Estate Agent with Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach 0516472

 

There are 30 cities in Broward County, Florida  

 

Single Family Home sales are down -10.5% from last year

4 month supply of inventory - down 4.9% = 5,310 homes

days on market down 5% = 41  

 

March 2018 Market Report

 

Condos and townhome sales are down -8.9% over last year

6 month supply of inventory - down 1.6% = 8,383 properties

Days on market - down 14.8% = 52

 

Feel free to contact Eileen Burns to provide additional information and schedule appointments for you to purchase property here in sunny South Florida! 954-483-3912

 

 

 

 

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Currently, an Associate Broker with Trans State Commercial Realty in Fort Lauderdale, Florida specializing in Florida Probate Real Estate, Hotel acquisitions and Land acquisitions.

Eileen Burns, Authored  The Ultimate Sales Success Secret- South Florida Edition  

 

 

 

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Rainmaker
1,760,379
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

thanks for the market update. I love seeing what is going on in your part of the world 

May 04, 2018 05:55 AM #1
Rainmaker
560,264
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel & Land Specialist

Lise Howe Glad to provide update.   Will welcome referral opportunities and will do likewise in the future  Do you get many probate property dispositions?

May 04, 2018 06:44 AM #2
Rainmaker
1,150,356
Joyce Marsh
Regal | Christie's International Real Estate - Ormond Beach, FL
Regal Christie's International Real Estate

Eileen, Thank you for sharing the latest information about your real estate market in Broward County.  It’s interesting to see how the market varies from county to county here in Florida.  

May 05, 2018 03:17 AM #3
Rainmaker
560,264
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel & Land Specialist

Joyce Marsh, Daytona Beach Florida your market should be on fire!  Although inventory is down here there is enough business for everyone.  Buyers can find the property of their dreams

May 05, 2018 08:32 AM #4
Ambassador
2,328,653
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Eileen,

I wrote a new post about reaching out to ActiveRain members that are following me at the AR network, your name showed up #34 on my list.

Have a wonderful Memorial Day weekend ...

May 26, 2018 10:54 AM #5
Rainmaker
560,264
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel & Land Specialist

I liked tht post VB and am honored to make number 34 on your list!  Love your stories and photography VB  Robert Vegas Bob Swetz 

May 26, 2018 11:59 AM #6
Rainmaker
214,628
John Henry, Florida Architect
John Henry Masterworks Design International, Inc. - Orlando, FL
Residential Architect, Luxury Custom Home Design

Hi Eileen, this is very interesting to compare to Central Florida, but I don't have our numbers here  - hopefully someone else does.

Does this mean that sales are down and inventory up and slowing sales overall?

If so, why do you think?
Thx

Oct 07, 2018 11:22 AM #7
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Rainmaker
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Eileen Burns

FL Probate Agent, Hotel & Land Specialist
HowTo Acquire Real Estate Property With Your IRA accounts!
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