Highlights:
🏝️ Broward County
Single-family home sales rose 12.9% year-over-year, while median prices inched up to $626,500 (+1.8%). Townhouse and condo sales also climbed 5.5%, with inventory up 14.3%, signaling more choices for buyers even as days to contract extended notably across both segments.
🌴 Palm Beach County
Single-family home sales surged 24.8%, and cash deals jumped 31%, reflecting strong buyer demand and liquidity in the market. Though prices held steady, condo values dipped slightly to $300,000, showing a softening at the lower end amid increasing sales volume.
🌇 Miami-Dade County
Sales activity strengthened with a 6.9% increase in single-family homes and 2.4% rise in condos, accompanied by rising inventory levels—up 20%+ across categories. Homes are taking longer to sell, but demand remains resilient as prices hold near record highs.
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📞 Whether you’re buying, selling or investing, now is an ideal time to act while inventory expands and opportunities diversify across South Florida, contact Jason Taub for expert guidance and hyper-local market insights. 📲
Source: Beaches MLS
