Monthly Market Summary - August 2021 Single-Family Homes Broward County August 2021
August 2020
Percent Change Year-over-Year
1,625
1,672
-2.8%
381
238
60.1%
Median Sale Price
$495,000
$416,000
19.0%
Average Sale Price
$688,512
$528,622
30.2%
$1.1 Billion
$883.9 Million
26.6%
Med. Pct. of Orig. List Price Received
100.0%
97.1%
3.0%
Median Time to Contract
12 Days
27 Days
-55.6%
Median Time to Sale
54 Days
71 Days
-23.9%
New Pending Sales
1,751
1,836
-4.6%
New Listings
1,838
1,796
2.3%
Pending Inventory
2,703
3,108
-13.0%
Inventory (Active Listings)
2,357
3,492
-32.5%
Months Supply of Inventory
1.5
2.8
-46.4%
Closed Sales Paid in Cash
Dollar Volume
Closed Sales
2,000
2017
2018
2019
2020
2021
1,500 1,000 500 0 J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
Median Sale Price
$600K $500K $400K $300K $200K $100K $0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
7,000
Inventory
6,000 5,000 4,000 3,000 2,000 1,000 0
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.
Monthly Distressed Market - August 2021 Single-Family Homes Broward County
Closed Sales
August 2021
August 2020
Percent Change Year-over-Year
1,609
1,620
-0.7%
$499,000
$420,000
18.8%
12
34
-64.7%
$350,150
$310,500
12.8%
4
18
-77.8%
$200,275
$310,813
-35.6%
Traditional Median Sale Price Closed Sales Foreclosure/REO Median Sale Price Closed Sales Short Sale Median Sale Price
2017
2018
Traditional
2019
Foreclosure/REO
2020
2021
Short Sale
100%
90%
Closed Sales
80% 70% 60% 50% 40% 30% 20% 10% 0%
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
$600K
Median Sale Price
$500K
$400K
$300K
$200K
$100K
$0K
J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A
2017
2018
2019
2020
2021
Produced by MIAMI Association of REALTORS® with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.