Metro Fort Lauderdale August 2021 Market Report

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

A Chamber of Commerce Blue Sky Day Hollywood FL north to Fort Lauderdale from the featured photo!

 

Sept 2021 Market Report

 

“Broward County kicked off the fall season with a home buying frenzy in September. Homes are flying off the MLS after an astonishing rate of only 13 median days on market. Everyone is getting in on the action as the median sale price continues climb.

We saw an increase of 17.5 percent year over year to $499,450 for single family homes.

Adding to the excitement of the Broward County housing market are the historically low interest rates. With the trend of low interest rates, climbing sale prices, and stiff competition to contract, buyers are working against the clock to buy in all the excitement. The sky is the limit for South Florida with buyers continuing to move to the area as new infrastructure and construction opportunities arise. If you’re thinking of buying or selling, contact a local Realtor® for expert advice on how to maneuver in this growing market,” said Karen Johnson, President of Broward, Palm Beaches & St. Lucie Realtors®. 

 

Market Sept 2021

Ready to purchase a Hollywood FL Lake home?  a beach home?  Contact me at 954.483.3912 to discuss today.

 

Posted by

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   

Comments (8)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Eileen... those numbers put any idea of a market slowdown to rest, if you ask me.

Oct 23, 2021 10:33 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Nina Hollander, Broker amazing influx cycle here in the great State of Florida😎

Oct 23, 2021 11:09 AM
Nina Hollander, Broker

Eileen Burns to the Carolinas, as well, Eileen.

Oct 23, 2021 11:23 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Eileen,

I keep heaing that a 1000 people a day are moving to Florida...it is amzing and good for your state!  Have a great Sunday. A

Oct 23, 2021 08:26 PM
Eileen Burns

Hi A  I heard 35K New Yorkers changes their post office address to my State.  A very big State.  Most folks do not know the tropics begins south of Vero Beach and the remainder of FL have seasons😎

Oct 24, 2021 06:45 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Eileen Burns - I thoroughly enjoyed reading your blog post! You write like I would imagine you speak and was very well done! When it comes to sales, you're a natural and you say what the readers need to hear. 

From what I'm hearing, Florida is the target state for many people willing to relocate. I hope you capture many relos and make them happy in their new Florida homes! 

Oct 30, 2021 04:28 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

The house-buying frenzy is definitely national. I wonder how much longer this will continue?

Nov 08, 2021 02:57 PM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Jane Peters we have been in business long enough to know about peaks and valleys.  It is looming on the horizon 😎

Nov 09, 2021 06:16 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local real estate reports.

Take care and be safe.

Nov 18, 2021 07:50 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Roy Kelley thank you for noticing😎  Love your photos of flowers!

Nov 19, 2021 04:13 AM