Fort Lauderdale Beach Real Estate

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

Archive for June, 2009

May Sales Statistics-More GREAT News…

Posted by fortlauderdalebeachrealestate on June 5, 2009

Fort Lauderdale

Just released, the numbers for May 2009-inventory is down, closed and pending sales are up-these numbers are moving in a still more positive direction than April’s numbers 

 

 

New Listings

  • Single Family-1,661, 21% lower than 08′
  • Condo/Townhome-2,041, 13% lower than 08′
  • Total all property types-6,256, 11% lower than 08′

Total Available Inventory

  • Single Family-7,821, 38% lower than 08′
  • Condo/Townhouse-11,699, 27% lower than 08′
  • Total all Property Types-29,384 25% lower than 08′

Single Family Sold

  • 774 closed sales, up 65% from 08′
  • Median sales price, $180,000, down 39% from last year

Condo/Townhome Sold

  • 864 closed sales, 47% higher from 08′
  • Median sales price, $80,000, 43% down from 08′

Pending Inventory or homes under contract

  • Single family homes are up 107% over 2008
  • Condos are up 112% over 2008

Given our current inventory and sales levels, if there were to be nothing else listed, we have a 10 month supply of single family homes on the market(down 62% from the previous year) and a 14 month supply of condos on the market(down 50% from the previous year)

Jon

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April Housing Sales Soar

Posted by fortlauderdalebeachrealestate on June 2, 2009

Fort Lauderdale Beach

Fort Lauderdale Beach Sunset

 

The Sun Sentinel published a great article last week on the real estate market in Broward County.  Click here to read the full article.

Jon

Posted in Blogroll, Buying Real Estate, Fort Lauderdale Real Estate, Sales Statistics, Selling Real Estate, South Florida Real Estate News | Tagged: , , | Leave a Comment »