Monthly Market Summary - August 2021 Townhouses and Condos Broward County

Page 1

Monthly Market Summary - August 2021 Townhouses and Condos Broward County August 2021

August 2020

Percent Change Year-over-Year

1,797

1,417

26.8%

923

601

53.6%

Median Sale Price

$220,000

$199,900

10.1%

Average Sale Price

$310,329

$243,083

27.7%

$557.7 Million

$344.4 Million

61.9%

97.9%

95.0%

3.1%

Median Time to Contract

24 Days

51 Days

-52.9%

Median Time to Sale

68 Days

90 Days

-24.4%

New Pending Sales

1,912

1,752

9.1%

New Listings

2,069

2,047

1.1%

Pending Inventory

3,209

2,914

10.1%

Inventory (Active Listings)

3,845

7,799

-50.7%

Months Supply of Inventory

2.1

6.5

-67.7%

Closed Sales Paid in Cash

Dollar Volume Med. Pct. of Orig. List Price Received

2017

2018

2019

2020

2021

2,500

Closed Sales

2,000 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

$250K $200K

$150K $100K $50K $0K

Inventory

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 10,000 9,000 8,000 7,000 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 Florida 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. Data released on Wednesday, September 22, 2021. Next data release is Thursday, October 21, 2021.


Monthly Distressed Market - August 2021 Townhouses and Condos Broward County

Closed Sales

August 2021

August 2020

Percent Change Year-over-Year

1,779

1,391

27.9%

$220,000

$199,900

10.1%

15

22

-31.8%

$153,250

$212,450

-27.9%

3

4

-25.0%

$320,000

$136,000

135.3%

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 $350K $300K

Median Sale Price

$250K $200K $150K $100K $50K $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 Florida 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. Data released on Wednesday, September 22, 2021. Next data release is Thursday, October 21, 2021.


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.