Fort Lauderdale Beach Real Estate

Jon C. Mumford, REALTOR-ASSOCIATE, CRS, GRI, SRES, RECS, ePRO

November Sales Statistics

Posted by fortlauderdalebeachrealestate on December 3, 2008

New Listings

  • Single Family-1,793, 17% lower than 07′
  • Condo/Townhome-2,148, 18% lower than 07′
  • Total all property types-6,491, 15% lower than 07′

Total Available Inventory

  • Single Family-10,961, 12% lower than 07′
  • Condo/Townhouse-14,549, 13% lower than 07′
  • Total all Property Types-35,365, 10% lower than 07′

Single Family Sold

  • 569 closed sales, 43% up from 07′
  • Median sales price, $244,000, down 29% from last year

Condo/Townhome Sold

  • 522 closed sales, 33% higher from 07′
  • 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

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