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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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POMPANO BEACH, 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

Sunrise

LAUDERDALE-BY-THE-SEA

Lauderdale by the Sea

TAMARAC

Tamarac

PLANTATION

Plantation

DEERFIELD BEACH

Deerfield Beach

MIRAMAR

Miramar

LAUDERHILL

Lauderhill

MARGATE

Margate

DANIA BEACH

Dania Beach

HALLANDALE BEACH

Hallandale Beach

DAVIE

Davie

POMPANO BEACH

Pompano Beach

PEMBROKE PINES

Pembroke Pines

SOUTHWEST RANCHES

Southwest Ranches

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