Home sales in Miami-Dade and Broward decreased in May compared to last year, with condo transactions dropping significantly due to inventory issues. Single-family home sales in Miami-Dade increased by 6%, while Broward saw a 0.2% decline. Median home prices in both counties rose, with Miami-Dade at $650,000 and Broward at $625,000. Sellers are holding onto high prices from previous years, while buyers...
Broward
Home sales in Early-Q4: -Miami-Dade and Broward: ↓ for single-family properties -Palm Beach County: stable single-family home dollar volume; ↑in condo sales Sales: -Miami-Dade: ↓ 2% in single-family; condos ↓ 7% -Broward County: ↓ 3% in single-family; ↓ 5% in condos -Palm Beach County: ↑ 4% in single-family homes and condos...
Broward County condo sales and dollar volume increased in October, rebounding MoM. Brokers closed 851 condo sales in Broward in October, totaling $277M, ↑ MoM from 820 sales. October sale prices ranged from $67K to $6.7M, with a median price of $240K....