Fort Lauderdale Beach Real Estate

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

Archive for October, 2007

September Statistics

Posted by fortlauderdalebeachrealestate on October 28, 2007

Here are the most recent statistics for activity in our market; new listings, available inventory, number of closed sales and sale prices.  We have started to see some activity over the last month or so.  Properties that are priced correctly are absolutely selling, both single family and condo/townhomes.

New Listings

  • Single Family- 2,464(2% higher than ‘06, a year ago it was 16% higher)
  • Condo-Townhouse- 2,798(2% higher than ‘06, a year ago it was 15% higher)
  • Total all Property Types-8,549(9% higher than ‘06, a year ago it was 21% higher)

Total Available Inventory

  • Single Family-12,471(16% higher than ‘06, a year ago it was 172% higher)
  • Condo/Townhouse-16,967(26% higher than ‘06, a year ago it was 213% higher)
  • Total-39,642(23% higher than ‘06, a year ago it was 147% higher)

Single Family Sold

  • 438 closed sales, 31% down from ‘06, a year ago it was down 28%
  • Median sales price, $353,500,000, down 6% from last year

Condo/Townhome Sold

  • 459 closed sales, 25% down from ‘06, a year ago is was down 40%
  • Median sales price, $179,000, down 13% from ‘06

Jon

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