Broward County’s existing-home prices rise in July

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South Florida home sales rise in May as price growth slows June 24, 2019 12:30PM By Katherine Kallergis Miami-Dade County Residential sales in Miami-Dade County rose 6.6 percent in May, year-over.

According to the Miami Association of Realtors’ Multiple Listing Service (MLS), Broward County condominium sales increased seven percent from 1,416 in June 2010 to 1,511 in June of this year. Single-family home sales increased by six percent in June, from 1,205 to 1,274.

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Broward County home values have gone up 3.9% over the past year and Zillow predicts they will rise 1.0% within the next year. The median list price per square foot in Broward County is $192, which is lower than the Miami-Fort Lauderdale-West Palm Beach Metro average of $222.

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Broward County single-family home median sale prices rose 2.9 percent to $350,000 in December 2018 as Broward existing condos sold between $400K to $600 increased 4.3 percent year-over-year, according to the MIAMI Association of Realtors.. Press Releases One News Page: Tuesday, 22 January 2019

Bay Area Home Sales Suffer June Swoon And the median price of a single-family home in Broward County increased by 13.2 percent – from $190,000 in July 2011 to $215,000 in July 2012. Also between July 2011 and July 2012, the number of sales of existing condos and townhomes in Broward County increased by 3.8 percent.

Broward County single-family home median prices and new pending sales increased year-over-year in June, according to the MIAMI.

The median price rose to $214,950 from $191,000 in August 2011, although the number dropped by $50 compared to July 2012. Broward’s townhome and condominium market saw a 7.6 percent year-over-year increase in August. Single-family inventory in the county fell by 51 percent in August, with a 44.1 percent drop for condos and townhomes.

Of the 9,307 condominium buildings in Miami-Dade and Broward counties. percent of original list price received for existing condominiums was 94.1 percent. National and State Statistics Nationally,

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Broward Median Prices Rise for Condos and Single-Family Homes Broward County existing condo prices rose 1.3 percent. National and State Statistics Nationally, total existing-home sales increased.

Residential sales rose in July in all three counties thanks to a strengthening condo market, according to the Florida Realtors. Condo and home prices also increased across South Florida. Miami-Dade. Residential sales rose 3.6 percent in July to 2,329 closings in Miami-Dade, despite a 1.2 percent decrease in single-family home sales, down to 1,104.