Closed Sales
Monthly Market Detail - June 2024 Townhouses and Condos Broward County
Summary Statistics |
June 2024 |
June 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
1,068 1,466 -27.1 % 553 788 -29.8 %
Median Sale Price $ 287,500
$ 280,000 2.7 %
Average Sale Price Dollar Volume
$ 380,173 $ 361,747 5.1 % $ 406.0 Million $ 530.3 Million -23.4 %
Median Percent of Original List Price Received
94.4 % 96.4 % -2.1 %
Median Time to Contract 45 Days 26 Days 73.1 %
Median Time to Sale |
88 Days |
68 Days |
29.4 % |
New Pending Sales New Listings
1,221 1,886
1,499 -18.5 %
1,700 10.9 %
Pending Inventory 1,849 Inventory ( Active Listings ) 8,938 Months Supply of Inventory 7.9
2,141 -13.6 % 4,291 108.3 % 3.4 132.4 %
Closed Sales
The number of sales transactions which closed during the month
Economists ' note : Closed Sales are one of the simplest — yet most important — indicators for the residential real estate market . When comparing Closed Sales across markets of different sizes , we recommend comparing the percent changes in sales rather than the number of sales . Closed Sales ( and many other market metrics ) are affected by seasonal cycles , so actual trends are more accurately represented by year-over-year changes ( i . e . comparing a month ' s sales to the amount of sales in the same month in the previous year ), rather than changes from one month to the next .
Month |
Closed Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
6,782 |
-12.2% |
June 2024 |
1,068 |
-27.1% |
May 2024 |
1,334 |
-12.2% |
April 2024 |
1,342 |
2.4 % |
March 2024 |
1,197 |
-22.4% |
February 2024 |
986 |
-2.0% |
January 2024 |
855 |
-2.3% |
December 2023 |
1,025 |
-6.3% |
November 2023 |
1,009 |
-3.8% |
October 2023 |
1,152 |
-4.9% |
September 2023 |
1,122 |
-14.7% |
August 2023 |
1,232 |
-17.8% |
July 2023 |
1,186 |
-12.9% |
June 2023 |
1,466 |
-15.7% |
2,500
2020 2021 2022 2023
2,000
1,500
1,000 500
0
J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J
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 Tuesday , July 23 , 2024 . Next data release is Thursday , August 22 , 2024 .