Real Estate Trends in Broward County, Florida

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Real Estate Trends in Broward County, Florida
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Real Estate Trends in Broward County, Florida

• Home prices are going up in most areas of
  Broward county.
• Prices of properties for sale increased in the
  first quarter of 2017 in Broward county.
  Excellent schools in cities like Weston,
  Southwest Ranches, Davie, and Cooper City, and
  prices around 200,000 in Tamarac and Sunrise
  attract buyers to these neighborhoods.

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Real Estate Trends in Broward County, Florida

• On the other hand, properties for sale in the
  luxury market have the tendency to decline almost
  everywhere.
• Fort Lauderdale, Hollywood and the western
  suburbs like Parkland, Coral Springs, Southwest
  Ranches, overcome the same trends.

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Real Estate Trends in Broward County, Florida

• According to the U.S. Census, the 2
  most-populous zip codes in Broward, which
  includes Davie, Pembroke Pines, and Miramar, saw
  a decline in sold units in the first quarter
  compared to a year ago.
• The median prices are indeed still going up.

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Real Estate Trends in Broward County, Florida

• Selling a home in Florida, especially in Broward
  county, requires skills and knowledge.
• Sales dropped because there are more buyers than
  suitable listings. Therefore, each and every
  seller should be careful before choosing an agent
  to make sure they will get excellent real estate
  services.

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Real Estate Trends in Broward County, Florida

• Prices will stay elevated because of the strong
  demand, especially in very well maintained
  neighborhood, due to a lack of inventory in these
  areas.
• Most of the new constructions in South Florida
  targets a wealthy clientele because builders deal
  with rising land costs and labor shortages.
• In Broward county, 41 of 53 zip codes showed a
  price rise in the first quarter.

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Real Estate Trends in Broward County, Florida
Get in touch with Realty Services Florida today
for buying or selling your property in Florida.
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