July 2021 Real Estate Market Update: Broward County

“Everyone has been eagerly awaiting the release of July market reports, especially home buyers. They want to know if there’s a chance of lower pricing or more listings to choose from in Broward County. Now that the numbers are in, we see once again that median price is up year-over-year, and listing inventory is down....

“Everyone has been eagerly awaiting the release of July market reports, especially home buyers. They want to know if there’s a chance of lower pricing or more listings to choose from in Broward County. Now that the numbers are in, we see once again that median price is up year-over-year, and listing inventory is down. Even so, there is a silver lining for buyers. The number of homes going under contract has dropped for the second consecutive month, a market indicator that Realtors® are keeping an eye on. If you’re in the market for a home, seek the expertise and guidance of a local Realtor® now. This will give you ample time to feel prepared and confident about your future investment.”

Quote From: Karen Johnson, 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.

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