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I wrote these stats yesterday for Localism, however:

I wrote these stats yesterday for Localism, however:

I thought I would put it out there to Realtors(r) as well, b/c people are still thinking, we are giving away property here in SE Florida for as low as $25,000. by the beach - I've never ever saw a property listed that low east of Federal Highway or US 1.

I can't even find anything that low in a SFH anywhere. There was one condo, which I had a customer offer on...it was up to $30K as a back-up.

We've sold a ton of inventory under $100K here in south Florida. From what I hear, the banks are getting rid of low priced inventory and hoping prices come up a little before they release the more expensive inventory.

WHAT ARE YOU SEEING IN YOUR AREA? (Sorry for writing in bold, it's easier for me to read, really not shouting.)

Miami/Dade, Broward, Palm Beach County inventory report.

Here is what is currently available and also what is available in Broward under $300,000.

Miami/Dade:

Condo's: 17103

Homes: 8996

Under $300,000.

Condo's: 10983

Homes: 4744

Broward:

Condo's: 13774

Homes: 8132

Under $300,000.

Condo's: 11092

Homes: 4319

Broward East of Federal Highway, US 1

Condo's: 1110

Homes: 4317

Palm Beach:

Condo's: 11808

Homes: 9866

Under $300,000.

Condo's: 8811

Homes: 3844

For more questions on available inventory in these counties, please call me:

Karen Monsour, Realtor, Coldwell Banker

http://www.KarenMonsour.com, 954-464-4194 cell

(Copyright© 2009 Karen L. Monsour, All Rights Reserved.)

Posted Sunday Nov 08