Metro Fort Lauderdale Market Report November 2021

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

 

Nov 2021 Marketing Report metro Ft Lauderdale

 

“The November reports are out, and they did not disappoint! The holiday season certainly isn’t slowing down the red-hot housing market in Broward County. We saw a 14.1 percent year-over-year increase in median sale price to $485,000 as well as the average days on market dropping 25 percent to 15 days. It’s impressive to see the consistency in growth for median sale price and the days on market decreasing with regularity in 2021. Houses are being scooped up almost as quickly as they are listed and homeowners are seeing an increasingly great return on investment. As snowbirds and northerners continue to make the move to Florida, the market shows no signs of slowing down as we inch closer to 2022....” said Karen Johnson, President of Broward, Palm Beaches & St. Lucie Realtors®

 

Broward county Nov 2021 market report

 

 

16 Days on Market - come ready to purchase with cash or your mortgage pre-approval!

Low inventory - call me if you want a lake front home, beachfront or a tropical oasis here in Hollywood, FL

 

Posted by

It's all about building relationships and the customer experience.

IF you are looking for your
waterfront, tropical oasis
OR an investment property,
THEN it is time for a conversation.

email me

Call or text:
954-483-3912

  

Comments (2)

Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Like so many other areas of the country, inventory slim, prices going up and days on market very low.  Buyers need to be ready to move if they have any hope of getting a home

Dec 30, 2021 02:59 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Eileen,

Thank you for sharing the real estate information. 

Buyers and sellers in your area will benefit from your expertise. 

Wishing you continued success.

Bob

Dec 30, 2021 11:18 PM