free-market-report

REAL ESTATE MARKET REPORT – THIS MONTH 2018 Enjoy this example of a Broward County Real Estate Market Report. You can also do a home search and save your favorite properties. Set up a search and be alerted as soon as a matching property hits our database. It’s Exclusive. What is the Average Price Range in Broward County? Including only Single Family Homes, October 2018 ended with a Broward County Average Price Range of $349,843. We are using the average here instead of the median where the highest price and lowest price homes are removed. Compare the average prices month-over-month for this year. Month of the Year Sale Price, Average January 2018 $301,517 February 2018 $305,570 March 2018 $310,232 April 2018 $314,344 May 2018 $317,955 June 2018 $322,363 July 2018 $325,056 August 2018 $330,336 September 2018 $349,843 October 2018 $355,945 Go to top Broward County Housing Market Predictions 2018 Here’s a look at the Broward County Real Estate Market for Current Month 2018. According to a report released on Current Month 6th by the Real Estate Experts, home prices continue to rise while inventory numbers shrink as we head into the next season. From This Month of 2017 to This Month of 2018, the median sale price for homes in Broward County increased by 15.7 percent. Last Month ended with a total of 3,886 condos, townhomes, and single-family homes sold. That is an impressive increase from the 2,704 sold in Previous Month, but the number is down 1.3 percent from last year at this time. The median price range of houses that sold in This Location during the month of Last Month was $245,000. This amount shows an increase of 15.7 percent from Last Month 2017 and an increase from the $227,000 of last month. READ MORE HERE Others Have Asked If you are thinking of selling and wonder how much your house might sell for in today’s Broward County Real Estate Market, use this instant home value estimate or call 702.917.0755. We serve Broward County and have partners across the nation as well. Go to top Existing Home Sales for This Month 2018 Property Subtype Sales, Number of Single-Family Residential 1,789 Condominium 296 Townhouse 221 Go to top Average Time on Market for Broward County Listings Go to top Active Number of Listings in Broward County for the past 5 years. At the beginning of This Month 2018, Broward County shows 6,521 homes on the market. Active Listings, Number of Month 2014 2015 2016 2017 2018 Jan 10,048 9,768 9,130 7,268 4,828 Feb 9,976 9,721 9,252 7,060 4,798 Mar 10,039 9,700 9,273 6,836 4,774 Apr 9,889 9,757 9,131 6,582 5,010 May 9,990 9,747 9,025 6,349 4,926 Jun 9,990 9,755 9,167 6,267 4,708 Jul 10,087 9,847 9,198 6,328 4,787 Aug 10,183 9,891 9,090 6,300 5,818 Sep 10,385 10,020 8,958 6,185 6,039 Oct 10,544 10,113 8,706 6,012 6,521 Nov 10,379 9,690 8,247 5,639 Dec 9,550 8,792 7,304 4,974 Go to top Real Estate Statistics Statistics are gathered from the This Month 2018 National Association of REALTORS® (NAR) Confidence Report. These statistics are gathered through surveys provided by 50,000 real estate agents and brokers. 1st time home buyers accounted for 32 percent of sales 13% of the sales were vacation and investment buyers Only 3% of the sales were distressed (short sales, foreclosures) 21% of the real estate sold was purchased with cash 20% of sellers made contributions to the buyers closing costs Biggest Challenges the market is facing: low inventory, interest rates Go to top Broward County Market Reports 2018 Month One 2018 Go to top Year-to-Year Comparison of Months Supply of Inventory Wondering what your home might be worth? Find out instantly with our 15-second home value calculator. Note: Additional content and headings may be applied to this page based on data provided to our team for your market reports.

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