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Southeast Florida Real Estate Stats & Thoughts

July 2008 Southeast Florida Real Estate Inventory Statistics For Broward County and Palm Beach County

Aug. 1, 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
July 1, 2008 - July 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 ­­­­­16,959 Single Family Homes LISTED FOR SALE in Broward County.

­­­5884 priced under $250,000
7057 priced between 250,001 and $500,000
1800 priced between $500,001 and $750,000
822 priced between $750,001 and $1,000,000
635 priced between $1,000,001 and $1,500,000
308 priced between $1,500,001 and $2,000,000
454 priced over $2,000,000

For the month of July 678, Single Family Homes SOLD in Broward County.

219 were sold under $250,000
342 were sold between 250,001 and $500,000
65 were sold between $500,001 and $750,000
22 were sold between $750,001 and $1,000,000
17 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
4 were sold over $2,000,000

There are currently 22,092 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.

15,636 are priced under $250,000
4316
are priced between 250,001 and $500,000
984
are priced between $500,001 and $750,000
455
are priced between $750,001 and $1,000,000
391
are priced between $1,000,001 and $1,500,000
194
are priced between $1,500,001 and $2,000,000
114
are priced over $2,000,000

For the month of July, 634, 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
91 were sold between 250,001 and $500,000
22 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,00
3 were sold between $1,500,001 and $2,000,000
1 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 currently 11,779 single family homes listed for sale in Palm Beach County.

­­3759 priced under $250,000
4562 priced between 250,001 and $500,000
1355 priced between $500,001 and $750,000
711 priced between $750,001 and $1,000,000
528 priced between $1,000,001 and $1,500,000
276 priced between $1,500,001 and $2,000,000
573 priced over $2,000,000

For the month of July, 589 Single Family Homes SOLD in Palm Beach County.

207 were sold under $250,000
254 were sold between 250,001 and $500,000
61 were sold between $500,001 and $750,000
23 were sold between $750,001 and $1,000,000
16 were sold between $1,000,001 and $1,500,000
11 were sold between $1,500,001 and $2,000,000
14 were sold over $2,000,000

There are currently 4052 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.

3221 are priced under $250,000
592 are priced between 250,001 and $500,000
137 are priced between $500,001 and $750,000
50 are priced between $750,001 and $1,000,000
39 are priced between $1,000,001 and $1,500,000
6 are priced between $1,500,001 and $2,000,000
1 is priced over $2,000,000

For the month of July, 476 Multi-Family Homes SOLD in Palm Beach county.

381 were sold under $250,000
71 are sold between 250,001 and $500,000
16 were sold between $500,001 and $750,000
4 were sold between $750,001 and $1,000,000
3 were sold between $1,000,001 and $1,500,000
No Homes were sold between $1,500,001 and $2,000,000
1 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 Palm Beach county and PROPERTIES ARE STILL SELLING!

Overall inventory is still high in both counties for multi and single family homes.

The current Economic Stimulus packages signed by the President is meant to decrease inventory by allowing people the opportunity to re-finance at a percentage of current market value. Click here to see an overview of this and other opportunities to lighten your real estate burden. http://www.r-world.com/files/HR%203221%20Facts.pdf

Call us today to see if you qualify for this program.

June 2008 Southeast Florida Real Estate Inventory Statistics

Jul. 1, 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
June
01, 2008 – June 30, 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 ­­­­­17094 Single Family Homes LISTED FOR SALE in Broward County.

 

­­­5514 priced under $250,000
7438 priced between 250,001 and $500,000
1845 priced between $500,001 and $750,000
868 priced between $750,001 and $1,000,000
656 priced between $1,000,001 and $1,500,000
312 priced between $1,500,001 and $2,000,000
458 priced over $2,000,000

 

For the month of June 734 Single Family Homes SOLD in Broward County. 

 

243 were sold under $250,000
334 were sold between 250,001 and $500,000
80 were sold between $500,001 and $750,000
37 were sold between $750,001 and $1,000,000
21 were sold between $1,000,001 and $1,500,000
10 were sold between $1,500,001 and $2,000,000
9 were sold over $2,000,000

 

There are currently 22131 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.

 

15447 are priced under $250,000
4513 are priced between 250,001 and $500,000
992 are priced between $500,001 and $750,000
467 are priced between $750,001 and $1,000,000
393 are priced between $1,000,001 and $1,500,000
206 are priced between $1,500,001 and $2,000,000
111 are priced over $2,000,000

 

For the month of June 642 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.

 

497 were sold under $250,000
111 were sold between 250,001 and $500,000
21 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
5 were sold between $1,000,001 and $1,500,00
0 were sold between $1,500,001 and $2,000,000
0 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 currently 11,392 Single Family homes listed for sale in Palm Beach County.

 

­­3377 priced under $250,000
4492 priced between 250,001 and $500,000
1406 priced between $500,001 and $750,000
726 priced between $750,001 and $1,000,000
539 priced between $1,000,001 and $1,500,000
281 priced between $1,500,001 and $2,000,000
570 priced over $2,000,000

For the month of 704 Single Family Homes SOLD in Palm Beach County. 

231 were sold under $250,000
324 were sold between 250,001 and $500,000
71 were sold between $500,001 and $750,000
25 were sold between $750,001 and $1,000,000
21 were sold between $1,000,001 and $1,500,000
18 were sold between $1,500,001 and $2,000,000
14 were sold over $2,000,000

There are currently 12,516 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.

8973 are priced under $250,000
2421 are priced between 250,001 and $500,000
539 are priced between $500,001 and $750,000
234 are priced between $750,001 and $1,000,000
168 are priced between $1,000,001 and $1,500,000
87 are priced between $1,500,001 and $2,000,000
95 are priced over $2,000,000

 

For the month of June, 605 Multi-Family Homes SOLD in Palm Beach county.

 

473 were sold under $250,000
93 are sold between 250,001 and $500,000
20 were sold between $500,001 and $750,000
6 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
2 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.

 

In Single Family Listed for Broward there were about 400 more homes for June and about 80 less sold than June.  In Multi Family there were about 200 more for sale and about 70 less sales.

 

In Single Family Listed for Palm Beach there were about 2500 more listed homes for June and about 150 more sold.  In Multi Family there were about 330 more for sale and about 30 more sold over May.

 

For June the biggest difference our Team noticed was the increase in the amount of rentals we completed.  Far more than sales!  Fear is still a prevalent and immoblizing feeling amongst the buying public.  Those that are not immobilized by fear are taking advantage of some of the great opportunities available.

 

May 2008 Southeast Florida Real Estate Inventory Statistics

Jun. 2, 2008

  REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
May
01, 2008 - May 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 ­­­­­17,157 Single Family Homes LISTED FOR SALE in Broward County.

­­­5184 priced under $250,000
7689 priced between 250,001 and $500,000
1923 priced between $500,001 and $750,000
906 priced between $750,001 and $1,000,000
669 priced between $1,000,001 and $1,500,000
307 priced between $1,500,001 and $2,000,000
477 priced over $2,000,000

For the month of May 647, Single Family Homes SOLD in Broward County.

197 were sold under $250,000
335 were sold between 250,001 and $500,000
58 were sold between $500,001 and $750,000
22 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
8
were sold over $2,000,000

There are currently 22,392 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.

15,389 are priced under $250,000
4,756 are priced between 250,001 and $500,000
1039 are priced between $500,001 and $750,000
479 are priced between $750,001 and $1,000,000
404 are priced between $1,000,001 and $1,500,000
208 are priced between $1,500,001 and $2,000,000
118 are priced over $2,000,000

For the month of May 2008 713, 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.

534 were sold under $250,000
124 were sold between 250,001 and $500,000
35 were sold between $500,001 and $750,000
6 were sold between $750,001 and $1,000,000
6 were sold between $1,000,001 and $1,500,00
4 were sold between $1,500,001 and $2,000,000
4 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 9085, currently single family homes listed for sale in Palm Beach County.

3268­­ priced under $250,000
4690 priced between 250,001 and $500,000
1444 priced between $500,001 and $750,000
754 priced between $750,001 and $1,000,000
534 priced between $1,000,001 and $1,500,000
302 priced between $1,500,001 and $2,000,000
585 priced over $2,000,000

For the month of April, 557, Single Family Homes SOLD in Palm Beach County.

160 were sold under $250,000
257 were sold between 250,001 and $500,000
66 were sold between $500,001 and $750,000
34 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
8 were sold between $1,500,001 and $2,000,000
18 were sold over $2,000,000

There are currently 12,844 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.

9130 are priced under $250,000
2550 are priced between 250,001 and $500,000
556 are priced between $500,001 and $750,000
236 are priced between $750,001 and $1,000,000
179 are priced between $1,000,001 and $1,500,000
89 are priced between $1,500,001 and $2,000,000
104 are priced over $2,000,000

For the month of May 577, Multi-Family Homes SOLD in Palm Beach county.

444 were sold under $250,000
85 are sold between 250,001 and $500,000
23 were sold between $500,001 and $750,000
10 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
5 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 has been in increase in sales for May at least with our Team. We could not be happier to feel as if this is a turn around point!

April 2008 Southeast Florida Real Estate Inventory Statistics

May. 6, 2008

I REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
April
01, 2008 - April 30, 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 ­­­­­17,051Single Family Homes LISTED FOR SALE in Broward County.

­­­4,750 priced under $250,000
7229 priced between 250,001 and $500,000
1992 priced between $500,001 and $750,000
983 priced between $750,001 and $1,000,000
688 priced between $1,000,001 and $1,500,000
319 priced between $1,500,001 and $2,000,000
478 priced over $2,000,000

For the month of April, 641, Single Family Homes SOLD in Broward County.

216 were sold under $250,000
317 were sold between 250,001 and $500,000
65 were sold between $500,001 and $750,000
19 were sold between $750,001 and $1,000,000
10 were sold between $1,000,001 and $1,500,000
7 were sold between $1,500,001 and $2,000,000
8 were sold over $2,000,000

There are currently 22,594 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.

15,207 are priced under $250,000
5035 are priced between 250,001 and $500,000
1084 are priced between $500,001 and $750,000
497 are priced between $750,001 and $1,000,000
428 are priced between $1,000,001 and $1,500,000
228 are priced between $1,500,001 and $2,000,000
124 are priced over $2,000,000

For the month of April 2008, 701 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.

531 were sold under $250,000
111 were sold between 250,001 and $500,000
33 were sold between $500,001 and $750,000
15 were sold between $750,001 and $1,000,000
9 were sold between $1,000,001 and $1,500,00
0 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 currently 11,208 single family homes listed for sale in Palm Beach County.

­­2831 priced under $250,000
4697 priced between 250,001 and $500,000
1453 priced between $500,001 and $750,000
732 priced between $750,001 and $1,000,000
562 priced between $1,000,001 and $1,500,000
313 priced between $1,500,001 and $2,000,000
619 priced over $2,000,000

For the month of April, 612 Single Family Homes SOLD in Palm Beach County.

193 were sold under $250,000
297 were sold between 250,001 and $500,000
55 were sold between $500,001 and $750,000
19 were sold between $750,001 and $1,000,000
23 were sold between $1,000,001 and $1,500,000
7 were sold between $1,500,001 and $2,000,000
18 were sold over $2,000,000

There are currently 10924 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.

7551 are priced under $250,000
2281 are priced between 250,001 and $500,000
533 are priced between $500,001 and $750,000
202 are priced between $750,001 and $1,000,000
168 are priced between $1,000,001 and $1,500,000
90 are priced between $1,500,001 and $2,000,000
101 are priced over $2,000,000

For the month of April, 579 Multi-Family Homes SOLD in Palm Beach county.

457 were sold under $250,000
87 are sold between 250,001 and $500,000
17 were sold between $500,001 and $750,000
8 were sold between $750,001 and $1,000,000
6 were sold between $1,000,001 and $1,500,000
2 were sold between $1,500,001 and $2,000,000
2 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 has been in decrease in supply of inventory between the two counties and an increase in sales for April 2008. The internet inquires have picked up substanitally with our team as well as sales.

March 2008 Southeast Florida Real Estate Inventory Statistics

Mar. 31, 2008

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
March 01, 2008 to March 30, 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 ­­­­­17360 Single Family Homes LISTED FOR SALE in Broward County.

­­­4386 priced under $250,000
8239 priced between 250,001 and $500,000
2139 priced between $500,001 and $750,000
973 priced between $750,001 and $1,000,000
700 priced between $1,000,001 and $1,500,000
331 priced between $1,500,001 and $2,000,000
502 priced over $2,000,000

For the month of March 437, Single Family Homes SOLD in Broward County.

124 were sold under $250,000
219 were sold between 250,001 and $500,000
49 were sold between $500,001 and $750,000
18 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
9 were sold between $1,500,001 and $2,000,000
10 were sold over $2,000,000

There are currently 22,996 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.

15118 are priced under $250,000
5414 are priced between 250,001 and $500,000
1163 are priced between $500,001 and $750,000
494 are priced between $750,001 and $1,000,000
436 are priced between $1,000,001 and $1,500,000
135 are priced between $1,500,001 and $2,000,000
137 are priced over $2,000,000

For the month of March, 580 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.

459 were sold under $250,000
82 were sold between 250,001 and $500,000
18 were sold between $500,001 and $750,000
7 were sold between $750,001 and $1,000,000

6 were sold between $1,000,001 and $1,500,00
6 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 currently 11491 single family homes listed for sale in Palm Beach County.

­­2681 priced under $250,000
5018 priced between 250,001 and $500,000
1507 priced between $500,001 and $750,000
754 priced between $750,001 and $1,000,000
581  priced between $1,000,001 and $1,500,000
315 priced between $1,500,001 and $2,000,000
635  priced over $2,000,000

For the month of March, 346 Single Family Homes SOLD in Palm Beach County. 

103 were sold under $250,000
153 were sold between 250,001 and $500,000
44 were sold between $500,001 and $750,000
16 were sold between $750,001 and $1,000,000
14 were sold between $1,000,001 and $1,500,000
1 were sold between $1,500,001 and $2,000,000
10 were sold over $2,000,000

There are currently <