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REAL ESTATE UPDATE FOR SOUTHEAST FLORIDA
BROWARD COUNTY & PALM BEACH COUNTY
February 1, 2008 to February 29, 2009 (Leap Year)
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 17293 Single Family Homes LISTED FOR SALE in Broward County.
4095 priced under $250,000
8534 priced between 250,001 and $500,000
2167priced between $500,001 and $750,000
972 priced between $750,001 and $1,000,000
698 priced between $1,000,001 and $1,500,000
334 priced between $1,500,001 and $2,000,000
493 priced over $2,000,000
For the month of February, 383, Single Family Homes SOLD in Broward County.
127 were sold under $250,000
179 were sold between 250,001 and $500,000
35 were sold between $500,001 and $750,000
21 were sold between $750,001 and $1,000,000
13 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000
There are currently 22934 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.
14705 are priced under $250,000
5688 are priced between 250,001 and $500,000
1202 are priced between $500,001 and $750,000
501 are priced between $750,001 and $1,000,000
447 are priced between $1,000,001 and $1,500,000
248 are priced between $1,500,001 and $2,000,000
143 are priced over $2,000,000
For the month of February, 480 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.
370 were sold under $250,000
76 were sold between 250,001 and $500,000
16 were sold between $500,001 and $750,000
12 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,00
1 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000
Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.
There are currently11497 single family homes listed for sale in Palm Beach County.
2550 priced under $250,000
5123 priced between 250,001 and $500,000
1541 priced between $500,001 and $750,000
742 priced between $750,001 and $1,000,000
585 priced between $1,000,001 and $1,500,000
321 priced between $1,500,001 and $2,000,000
655 priced over $2,000,000
For the month of February, 255 Single Family Homes SOLD in Palm Beach County.
64 were sold under $250,000
124 were sold between 250,001 and $500,000
28 were sold between $500,001 and $750,000
13 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
3 were sold between $1,500,001 and $2,000,000
9 were sold over $2,000,000
There are currently 11,506 Multi-Family Homes LISTED FOR SALE in 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.
7813 are priced under $250,000
2505 are priced between 250,001 and $500,000
575 are priced between $500,001 and $750,000
233 are priced between $750,001 and $1,000,000
192 are priced between $1,000,001 and $1,500,000
85 are priced between $1,500,001 and $2,000,000
107 are priced over $2,000,000
For the month of February, 261 Multi-Family Homes SOLD in Palm Beach county.
194 were sold under $250,000
49 are sold between 250,001 and $500,000
14 were sold between $500,001 and $750,000
3 were sold between $750,001 and $1,000,000
1 were sold between $1,000,001 and $1,500,000
Zero Homes sold between $1,500,001 and $2,000,000
Zero homes sold over $2,000,000
To see 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 review.
Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.
Summary:
In Broward, single family home inventory had a minor increase in inventory and a minor increase in sales. In Broward multi family homes, there was minor decrease in inventory and a slight increase in sales.
In Palm Beach county, single family homes had an increase in inventory (note, we added some additional areas, slightly north of Okeechobee Boulevard that attributed to this increase). The sales (even with the added areas) decreased by almost 50 percent.
In Palm Beach multi-family homes there was an increase in inventory and an increase in sales as well.
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