November Sales Statistics
Posted by fortlauderdalebeachrealestate on December 3, 2008
New Listings
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Single Family-1,793, 17% lower than 07′
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Condo/Townhome-2,148, 18% lower than 07′
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Total all property types-6,491, 15% lower than 07′
Total Available Inventory
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Single Family-10,961, 12% lower than 07′
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Condo/Townhouse-14,549, 13% lower than 07′
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Total all Property Types-35,365, 10% lower than 07′
Single Family Sold
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569 closed sales, 43% up from 07′
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Median sales price, $244,000, down 29% from last year
Condo/Townhome Sold
- 522 closed sales, 33% higher from 07′
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Median sales price, $110,000, 33% down from 07′
Pending Inventory or homes under contract
- Single family homes are up 152% over 2007
- Condos are up 84% over 2007
Given our current inventory and sales levels, if there were to be nothing else listed, we have a 19 month supply of single family homes on the market(down 38% from the previous year) and a 28 month supply of condos on the market(down 34% from the previous year)
Jon
This entry was posted on December 3, 2008 at 6:19 pm and is filed under Buying Real Estate, Real Estate News, Sales Statistics, Selling Real Estate. Tagged: Broward County Sales Statistics, Fort Lauderdale Real Estate News, Market Update. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.