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.

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.