Pending Sales New Listings
Monthly Market Detail - June 2024 Single-Family Homes Broward County
New Pending Sales
The number of listed properties that went under contract during the month
Economists ' note : Because of the typical length of time it takes for a sale to close , economists consider Pending Sales to be a decent indicator of potential future Closed Sales . It is important to bear in mind , however , that not all Pending Sales will be closed successfully . So , the effectiveness of Pending Sales as a future indicator of Closed Sales is susceptible to changes in market conditions such as the availability of financing for homebuyers and the inventory of distressed properties for sale .
Month |
New Pending Sales |
Percent Change
Year-over-Year
|
Year-to-Date |
7,448 |
-3.1% |
June 2024 |
1,212 |
0.2 % |
May 2024 |
1,301 |
-0.8% |
April 2024 |
1,354 |
-0.8% |
March 2024 |
1,310 |
-4.2% |
February 2024 |
1,239 |
-3.4% |
January 2024 |
1,032 |
-10.4% |
December 2023 |
752 |
-5.5% |
November 2023 |
838 |
-5.9% |
October 2023 |
1,013 |
6.1 % |
September 2023 |
1,017 |
-8.1% |
August 2023 |
1,195 |
-3.2% |
July 2023 |
1,232 |
-2.6% |
June 2023 |
1,209 |
-11.3% |
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
New Listings
The number of properties put onto the market during the month
Economists ' note : New Listings tend to rise in delayed response to increasing prices , so they are often seen as a lagging indicator of market health . As prices rise , potential sellers raise their estimations of value — and in the most recent cycle , rising prices have freed up many potential sellers who were previously underwater on their mortgages . Note that in our calculations , we take care to not include properties that were recently taken off the market and quickly relisted , since these are not really new listings .
Month |
New Listings |
Percent Change
Year-over-Year
|
Year-to-Date |
10,029 |
19.3 % |
June 2024 |
1,599 |
4.9 % |
May 2024 |
1,819 |
17.7 % |
April 2024 |
1,767 |
31.5 % |
March 2024 |
1,672 |
14.6 % |
February 2024 |
1,574 |
26.1 % |
January 2024 |
1,598 |
24.0 % |
December 2023 |
1,004 |
0.3 % |
November 2023 |
1,287 |
10.9 % |
October 2023 |
1,577 |
5.3 % |
September 2023 |
1,435 |
-4.1% |
August 2023 |
1,498 |
-9.8% |
July 2023 |
1,451 |
-25.0% |
June 2023 |
1,524 |
-29.1% |
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 .