February 2022 Real Estate Market Update: Broward County

“The median sale price keeps inching higher and higher in Broward County. In February, we saw it climb 19.9 percent year-over-year to $519,000. There’s no doubt right now that the market is hot. It seems like everyone wants to invest and make Broward County their new home. The appeal of South Florida living shows, especially...

“The median sale price keeps inching higher and higher in Broward County. In February, we saw it climb 19.9 percent year-over-year to $519,000. There’s no doubt right now that the market is hot. It seems like everyone wants to invest and make Broward County their new home. The appeal of South Florida living shows, especially when we compare asking versus offer prices. The median percent of original list price received for February reached 100 percent. Meanwhile, the average days on market dropped to 15 days. Prospective home buyers are scouring South Florida for listings, and local Realtors® are here to help. The home buying and selling process can be overwhelming, especially in a fast-moving market like ours. Thankfully, we have local Realtors® who can expertly guide you through your housing decision.”

Quote From: Carlos A. Melendez, President of Broward, Palm Beaches & St. Lucie Realtors®

Looking to Buy, Sell or Rent?  Contact Jason Taub – RESIDENT REALTOR® in Fort Lauderdale, Florida. Available 24/7.

Share

Log In

Don’t have an account?