Broward Real Estate Market Report (May 1, 2009 - May 31, 2009)

May 2009 Broward County Real Estate  Market Report (May 1, 2009 - May 31, 2009)

Wondering what's selling in Broward? How many Homes Sold in Broward?  How many Homes sold in Broward in May?  How many homes sold in Ft. Lauderdale and other Broward cities? Looking for a monthly Broward Real Estate Market Report?

Sales are increasing and Inventory is decreasing significantly, so our Real Estate market is becoming a more healthy one after starting its' decline more than 3 years ago.  

Broward County is located between Palm Beach County and Dade County (the Miami area).  The majority of Southeast Florida includes the Tri-County area of Broward, Palm Beach, and Dade County.

When considering buying or selling a Home, it is important that you're familiar with REAL data/facts about homes sold (NOT rumors about how many homes are selling, which homes sold, and what they're selling for). When you're ready to place an Offer to purchase a home, this data also assists you with placing an Offer that's based in reality, an Offer that's more likely to be accepted.

During the month of May, 2009, there were 1,092 Single Family Homes SOLD in Broward County (they were sold at final sales prices between $20,000 and $3,900,000).  Of the 1,092 Single Family Homes SOLD in Broward County in May, 2009 (The "Sold" prices below mean the final sale price, NOT the listing price at the time of the sale):

687 sold under $250,000  View them here
303 sold between $250,000 and $499,999  View them here
74 sold between $500,000 and $999,999    View them here
28 sold at $1,000,000 and above  View them here

Review Sales Stats for Single Family Homes Sold 12/1/07 - 5/31/09:

There are currently 10,157 Single Family Homes for Sale in Broward County. Search Homes for Sale in Broward County

Of the 10,157 Single Family Homes for Sale in Broward County:

4,125 are priced under $250,000  Search Broward Homes for Sale under $250,000
3,402 are priced between $250,000 and $499,999  Search Broward Homes for Sale under $500,000
1,541 are priced between $500,000 and $999,999   Search Broward Homes for Sale under 1 Million
1089 are priced at $1,000,000 and above with the highest priced at $42,000,000, an Oceanfront Home for Sale in Hillsboro Beach on Hillsboro Mile with 
7 Bedrooms, 7 Full Baths, and 3 Half Baths in 19,296 Square Feet of living area.

Search Broward Luxury Homes for Sale and Broward Million Dollar Homes for Sale

There are 3,057 PENDING Sales of Single Family Homes in Broward County. "Pending" means that a Buyer submitted an Offer to the Seller, the Seller accepted the Offer, and there is now a Contract for the Sale of the Home.  "Pending" means the sale of the home is not final yet because many items still have to be completed before the home is actually sold (examples include, but aren't limited to, Home Inspection, Home Appraisal, Lender Approval of the Offer, Title Search, Securing a Home Loan, Building Completion, etc.)

During the month of May, 2009, there were 1,073 Condos, Townhouses, Villas and Coops SOLD in Broward County with final purchase prices between $10,000 - $1,925,000 as follows:

819 were sold under $150,000 
152 were sold between $150,000 and $249,999 
76 were sold between $250,000 and $499,999  
20 were sold between $500,000 and $999,999  
6 were sold at $1,000,000 and above   

There are currently 16,249 Condos, Townhouses, and Coops for Sale in Broward County. Their price range is $9,900 and $8,900,000. The $8,900,000 Condo is a Coconut Grove Residences Condo for Sale featuring 4 Bedrooms, 4 Full Baths, and 2 Half baths in 11,477 Square Feet of living area. View additional information about Coconut Grove Oceanfront Condo in Ft. Lauderdale, Ft. Lauderdale's newest direct Oceanfront Condo ON THE SAND.

There are 2,939 PENDING sales of Condos, Townhouses, and Coops in Broward County.  

Click to search Broward Condos, Townhouses, and Villas for Sale 

Keep in mind that my monthly Reports present information related to active and sold listings of Single Family Homes, Condos, Coops, Villas, and Townhouses ONLY, however, these sales and listings are in no way inclusive of the ENTIRE Real Estate Market as there are Commercial Properties and Businesses that are sold, as well as Vacant Lots and Land, Docks, and multi-family dwellings (such as Duplexes, Triplexes, Fourplexes, and Apartment buildings). Additionally, there are Developer-owned Homes (Condos, Single Family Homes, etc.)  that are sold to Buyers directly from the Developer, many of which are not listed for sale through the MLS (non-MLS listed property sales data is available by searching local Tax Records). 

 ------------------------

Vickie Arcuri, Realtor^®
EWM Realtors, Inc.
1700 E. Las Olas Blvd.
Ft. Lauderdale, FL  33301
Phone:  (954) 708-9309
Fax:  (954) 414-0492
Vickie@vickierealestate.com
Ft. Lauderdale Homes for Sale

Contact me if you're interested in South Florida Real Estate,  Ft. Lauderdale Real Estate, Las Olas Condos for sale, Ft. Lauderdale Beach Homes for Sale, Ft. Lauderdale Waterfront Condos,  Broward Luxury Homes for sale, Ft. Lauderdale Luxury Condos, Broward Waterfront Homes for sale, Ft. Lauderdale Luxury Homes for Sale, Ft. Lauderdale Luxury Real Estate, Ft. Lauderdale Homes with Mega Yacht Dockage,  Ft. Lauderdale Docks for Sale, Ft. Lauderdale Docks for Lease or Rent, Ft. Lauderdale Oceanfront Condos, Ft. Lauderdale Waterfront Homes,  Ft. Lauderdale Waterfront Foreclosures, Ft. Lauderdale Oceanfront Homes, Palm Beach Waterfront Homes,  Manalapan Homes, Hillsboro Beach Homes, South Florida Oceanfront Homes, or Miami Waterfront Homes.