Broward County Market Report Broward County Market Report | Page 5

Dollar Volume
Med . Pct . of Orig . List Price Received
Monthly Market Detail - April 2024 Single-Family Homes 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
$ 3.2 Billion
11.2 %
April 2024
$ 1.0 Billion
26.3 %
March 2024
$ 935.5 Million
-4.4%
February 2024
$ 720.1 Million
17.2 %
January 2024
$ 558.6 Million
10.5 %
December 2023
$ 656.1 Million
5.6 %
November 2023
$ 648.3 Million
7.4 %
October 2023
$ 800.3 Million
14.1 %
September 2023
$ 885.5 Million
17.8 %
August 2023
$ 941.9 Million
5.1 %
July 2023
$ 836.3 Million
-12.3%
June 2023
$ 1.0 Billion
-12.9%
May 2023
$ 976.3 Million
-17.7%
April 2023
$ 793.4 Million
-32.4%
$ 1.4 B $ 1.2 B $ 1.0 B $ 800 M $ 600 M $ 400 M $ 200 M
$ 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

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
96.1 %
0.4 %
April 2024
96.2 %
-0.5%
March 2024
96.1 %
0.0 %
February 2024
96.0 %
1.3 %
January 2024
95.7 %
0.9 %
December 2023
96.4 %
1.3 %
November 2023
97.2 %
2.1 %
October 2023
97.1 %
1.0 %
September 2023
97.1 %
0.2 %
August 2023
97.3 %
-1.0%
July 2023
97.8 %
-2.2%
June 2023
97.7 %
-2.3%
May 2023
97.3 %
-3.9%
April 2023
96.7 %
-4.1%
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
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 Wednesday , May 22 , 2024 . Next data release is Friday , June 21 , 2024 .