Market ConditionsSouth Florida October 26, 2022

Broward County Real Estate Market update

The statistics for September 2022 have been compiled and no surprise, they document that we’re in a changing market.  While the number of sales is decreasing and the number of homes available for sale (what we call “inventory), the median selling price has been fairly stable, in fact unchanged for three months at its highest point for condominiums

So where are things headed? It’s too early to predict of course.  What we do know is that it remains a very favorable market for sellers.  The key is to be sure to partner with a real estate agent with knowledge of the numbers and the tools and resources to achieve the best outcome.  If this is your time to sell, give me a call do discuss your specific circumstances.

If you would like a complete set of the statistics I compile each month, click here.