It is Monday today, and it is a good way to start a week by looking at the curent real estate market in Broward County.
Lets look at the number of single family houses available for sale: there are 5128 active homes listings, with 1395 new active listings during month of March. Houses listed at the price of $251,000-$500,000 are selling the fastest, which is 40 days. This price range has the biggest number of active homes- 2071, with new homes for sale 704.
Median days on the market for the houses under a million dollars are about 50 days, and median days on the market for the houses over a million is is around 125 days. The most of the listings are in the price range 300K-400K, it has 940 active listings.
The data used to make the chart from the MLS of The Palm Beaches and Greater Fort Lauderdale, which has data that is deemed reliable but not guaranteed and has the most accurate and up-to-date information about local home sales.
If you want more information about local market, please look into Local Market Conditions and Home Prices category.