Closed Sales
Monthly
Market Detail - June 2024 Single-Family Homes Broward County
Summary Statistics |
June 2024 |
June 2023 |
Percent Change Year-over-Year |
Closed Sales Paid in Cash
1,138 1,256 -9.4 % 260 328 -20.7 %
Median Sale Price $ 640,000
$ 615,000 4.1 %
Average Sale Price Dollar Volume
$ 830,962 $ 823,005 1.0 % $ 945.6 Million $ 1.0 Billion -8.5 %
Median Percent of Original List Price Received
96.4 % 97.7 % -1.3 %
Median Time to Contract 27 Days 19 Days 42.1 %
Median Time to Sale |
67 Days |
60 Days |
11.7 % |
New Pending Sales New Listings
1,212 1,599
1,209 0.2 %
1,524 4.9 %
Pending Inventory 1,701 Inventory ( Active Listings ) 4,379 Months Supply of Inventory 4.3
1,802 -5.6 % 2,826 55.0 % 2.7 59.3 %
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 |
6,205 |
-2.6% |
June 2024 |
1,138 |
-9.4% |
May 2024 |
1,249 |
-0.2% |
April 2024 |
1,196 |
10.5 % |
March 2024 |
1,084 |
-14.7% |
February 2024 |
831 |
-0.2% |
January 2024 |
707 |
4.4 % |
December 2023 |
876 |
0.0 % |
November 2023 |
821 |
-5.7% |
October 2023 |
983 |
-2.8% |
September 2023 |
1,056 |
2.2 % |
August 2023 |
1,178 |
-2.0% |
July 2023 |
1,052 |
-13.3% |
June 2023 |
1,256 |
-12.8% |
2,000
2020 2021 2022 2023
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 .