Broward County Market Update Video April 2017

We just made this newest Broward County Market Update Video April 2017 for you to better understand in what direction the market is moving.

Broward County April 2017 Stats by Numbers

2,911 total closed sales

$228,461 average sales price

99 average sales days

3,877 new listing in April 2017

14,051 Listing Inventory

6-month inventory supply= Balanced market

Single Family Home Statistics

1,400 closed sales

$397,005 average sales price (+5% compared to April 2016)

84 days median time to sell

1,767 new listings on the market

5,452 active listing inventory

3.9-month inventory suplly= seller’s market

Condominium Market Statistics

1,489 closed sales

$196,509 average sales price (+3.6% compared with April 2016)

97 median days to sell

2,082 new listing on the market

8,494 total listing inventory

6.1-month inventory supply= Balanced Market

Manufactured Home Statistics

22 closed sales

$91,868 average sales price (-10% compared to April 2016)

116 median days to sell

28 new listings

105 current listings available

7.9 month supply = well-balanced market

As you can see the type of home, community, and a city can fluctuate so it is important you consider all real estate is local. Talk to you real estate profession or contact us about your area, community or cities Broward County Market Update Video April 2017. We are here to help…Just Ask!