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REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
August 1, 2008 – August 31, 2008
Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.
There are currently 16,889 Single Family Homes LISTED FOR SALEin Broward County.
6,175 priced under $250,000
6,909 priced between 250,001 and $500,000
1,656 priced between $500,001 and $750,000
774 priced between $750,001 and $1,000,000
638 priced between $1,000,001 and $1,500,000
299 priced between $1,500,001 and $2,000,000
454 priced over $2,000,000
For the month of August, 1,482 Single Family Homes SOLD in Broward County.
524 were sold under $250,000
710 were sold between 250,001 and $500,000
135 were sold between $500,001 and $750,000
45 were sold between $750,001 and $1,000,000
34 were sold between $1,000,001 and $1,500,000
18 were sold between $1,500,001 and $2,000,000
17 were sold over $2,000,000
There are currently 21,872 Multi-Family Homes LISTED FOR SALEin Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
15,679 are priced under $250,000
4,110 are priced between 250,001 and $500,000
953 are priced between $500,001 and $750,000
470 are priced between $750,001 and $1,000,000
364 are priced between $1,000,001 and $1,500,000
191 are priced between $1,500,001 and $2,000,000
110 are priced over $2,000,000
For the month of August, 627 Multi-Family Homes SOLD in Broward County.
Note that many of the lower priced multi family homes are located in Adult only communities with a over the age of 55 requirment to live there.
501 were sold under $250,000
94 were sold between 250,001 and $500,000
18 were sold between $500,001 and $750,000
5 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,00
1 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000
Palm Beach Countyincludes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.
There are currently 11,131 single family homes listed For Sale in Palm Beach County.
3,620 priced under $250,000
4,202 priced between 250,001 and $500,000
1,270 priced between $500,001 and $750,000
673 priced between $750,001 and $1,000,000
500 priced between $1,000,001 and $1,500,000
273 priced between $1,500,001 and $2,000,000
592 priced over $2,000,000
For the month of August, 509 Single Family Homes SOLD in Palm Beach County.
169 were sold under $250,000
231 were sold between 250,001 and $500,000
45 were sold between $500,001 and $750,000
35 were sold between $750,001 and $1,000,000
15 were sold between $1,000,001 and $1,500,000
5 were sold between $1,500,001 and $2,000,000
13 were sold over $2,000,000
There are currently 12,248 Multi-Family Homes LISTED FOR SALEin Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
9,058 are priced under $250,000
2,159 priced between 250,001 and $500,000
494 are priced between $500,001 and $750,000
220 are priced between $750,001 and $1,000,000
224 are priced between $1,000,001 and $1,500,000
83 are priced between $1,500,001 and $2,000,000
95 are priced over $2,000,000
For the month of August, 434 Multi-Family Homes SOLD in Palm Beach county.
374 were sold under $250,000
46 are sold between 250,001 and $500,000
7 were sold between $500,001 and $750,000
0 were sold between $750,001 and $1,000,000
4 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
1 are sold over $2,000,000
To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.
Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale
and the
Realtor Association of the Palm Beaches.
There is a DECREASE in overall single family listings in Broward and an INCREASE in Sales. Palm Beach county shows a decrease in listing and a slight decrease in sales for single family homes. In the last two weeks when we made calls to book appointments to show properties and there were a number of listings that agents had to apologize that the property was no longer available as the property had just gone under contract. This is GREAT to show listings are moving and not so great for the Buyers that wanted to see those properties.
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