Dollar Volume
Med . Pct . of Orig . List Price Received
Monthly Market Detail - June 2024 Townhouses and Condos Broward County
Dollar Volume
The sum of the sale prices for all sales which closed during the month
Economists ' note : Dollar Volume is simply the sum of all sale prices in a given time period , and can quickly be calculated by multiplying Closed Sales by Average Sale Price . It is a strong indicator of the health of the real estate industry in a market , and is of particular interest to real estate professionals , investors , analysts , and government agencies . Potential home sellers and home buyers , on the other hand , will likely be better served by paying attention to trends in the two components of Dollar Volume ( i . e . sales and prices ) individually .
Month |
Dollar Volume |
Percent Change
Year-over-Year
|
Year-to-Date |
$ 2.5 Billion |
-9.1% |
June 2024 |
$ 406.0 Million |
-23.4% |
May 2024 |
$ 500.5 Million |
-10.4% |
April 2024 |
$ 496.8 Million |
4.2 % |
March 2024 |
$ 454.6 Million |
-15.8% |
February 2024 |
$ 364.7 Million |
7.5 % |
January 2024 |
$ 304.0 Million |
-9.1% |
December 2023 |
$ 376.9 Million |
-0.5% |
November 2023 |
$ 388.3 Million |
10.5 % |
October 2023 |
$ 409.6 Million |
1.1 % |
September 2023 |
$ 384.1 Million |
-18.9% |
August 2023 |
$ 416.6 Million |
-20.9% |
July 2023 |
$ 399.5 Million |
-18.6% |
June 2023 |
$ 530.3 Million |
-20.2% |
$ 1.0 B
2020 2021 2022 2023
$ 800 M $ 600 M $ 400 M $ 200 M
$ 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
Median Percent of Original List Price Received
The median of the sale price ( as a percentage of the original list price ) across all properties selling during the month
Economists ' note : The Median Percent of Original List Price Received is useful as an indicator of market recovery , since it typically rises as buyers realize that the market may be moving away from them and they need to match the selling price ( or better it ) in order to get a contract on the house . This is usually the last measure to indicate a market has shifted from down to up , so it is what we would call a lagging indicator .
Month |
Med . Pct . of Orig .
List Price Received
|
Percent Change
Year-over-Year
|
Year-to-Date |
94.6 % |
-1.8% |
June 2024 |
94.4 % |
-2.1% |
May 2024 |
93.7 % |
-2.8% |
April 2024 |
94.6 % |
-1.6% |
March 2024 |
95.0 % |
-1.2% |
February 2024 |
94.6 % |
-2.0% |
January 2024 |
95.0 % |
-1.1% |
December 2023 |
95.4 % |
-1.0% |
November 2023 |
95.7 % |
-1.2% |
October 2023 |
96.5 % |
-1.1% |
September 2023 |
96.8 % |
-1.2% |
August 2023 |
96.6 % |
-2.6% |
July 2023 |
96.8 % |
-3.2% |
June 2023 |
96.4 % |
-3.6% |
120 % 100 % 80 % 60 % 40 % 20 % 0 %
2020 2021 2022 2023
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 .