August 2020 Real Estate Market Update: Broward County

“Summer may be coming to an end, but the Broward housing market is heating up! Median sale price continues to rise – up 12.5% to $416,000 – while closed sales increased 16.4% to 1,672, year-over-year. The 2020 trend of low interest rates and low inventory is igniting the value of Broward County homes. It’s a...

Summer may be coming to an end, but the Broward housing market is heating up! Median sale price continues to rise – up 12.5% to $416,000 – while closed sales increased 16.4% to 1,672, year-over-year. The 2020 trend of low interest rates and low inventory is igniting the value of Broward County homes. It’s a great time to list as buyers are eager to take advantage of these record low rates. If you have any questions about the home buying or selling process, be sure to contact a local Realtor® for their expertise,” said Jarrod Lowe, President of Broward, Palm Beaches & St. Lucie Realtors®.

Looking to buy or sell your home?  Contact Jason Taub today – Realtor® in Fort Lauderdale, Florida.

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