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FloridasBestProperty.com

THE PROPERTIES YOU ARE LOOKING FOR... WITH THE SERVICE YOU DESERVE™

NAR Equal Housing FAR MIAMIRE

Phone: (305) 205-4881

GERARD FETERMAN

REALTOR® ASSOCIATE

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BROWARD COUNTY, FLORIDA   MARKET STATISTICS

The supply of inventory in the real estate industry is defined by the current months’ supply of homes available for sale.

Here is a great guideline:

1-4 months’ supply creates a seller’s market where there are not enough homes to satisfy buyer demand. Appreciation is guaranteed.

5-6 months’ supply creates a balanced market where historically home values appreciate at a rate a little greater than inflation.

7-8 months’ supply creates a buyer’s market where the number of homes for sale exceeds the demand. Depreciation follows.

FOR SALE VRS. SOLD

AVG. PRICE PER SQ. FT.

AVG. PRICE FOR SALE AND SOLD

AVG. DAYS ON MARKET

MONTHS OF INVENTORY

HOLLYWOOD

Hollywood

LAUDERDALE LAKES

Lauderdale Lakes

FT. LAUDERDALE

Ft Lauderdale

WESTON

Weston

SUNRISE

North Miami Beach

LAUDERDALE-BY-THE-SEA

North Miami Beach

TAMARAC

North Miami Beach

PLANTATION

North Miami Beach

DEERFIELD BEACH

North Miami Beach

MIRAMAR

North Miami Beach

LAUDERHILL

North Miami Beach

MARGATE

North Miami Beach

DANIA BEACH

North Miami Beach

HALLANDALE BEACH

North Miami Beach

DAVIE

North Miami Beach

POMPANO BEACH

North Miami Beach

PEMBROKE PINES

North Miami Beach

SOUTHWEST RANCHES

North Miami Beach

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