Great Florida Homes Blog

REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY
August 1, 2009 to August 31, 2009

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

For the month of August, 8709 Single Family Homes LISTED for SALE in Broward County.

3741 priced under $250,000
2695 priced between 250,001 and $500,000
796 priced between $500,001 and $750,000
514 priced between $750,001 and $1,000,000
 359 priced between $1,000,001 and $1,500,000
217 priced between $1,500,001 and $2,000,000
387 are priced over $2,000,000 

For the month of August, 902 Single Family Homes SOLD in Broward County.

545 were sold under $250,000
277 were sold between 250,001 and $500,000
56 were sold between $500,001 and $750,000
12 were sold between $750,001 and $1,000,000
6 were sold between $1,000,001 and $1,500,000
4 were sold between $1,500,001 and $2,000,000
2 were sold over $2,000,000

 There are currently 14,481 Multi-Family Homes LISTED FOR SALE in Broward County. 

Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

 10,838 are priced under $250,000
2266 are priced between 250,001 and $500,000
658 are priced between $500,001 and $750,000
305 are priced between $750,001 and $1,000,000
215 are priced between $1,000,001 and $1,500,000
113 are priced between $1,500,001 and $2,000,000
86 are priced over $2,000,000

For the month of August 954 Multi-Family Homes SOLD in Broward County.

Note that many of the lower priced multi family homes are located in Adult only communities with an over the age of 55 requirement to live there.

869 were sold under $250,000
52 were sold between 250,001 and $500,000
18 were sold between $500,001 and $750,000
5 were sold between $750,001 and $1,000,000
8 were sold between $1,000,001 and $1,500,000
1 was sold between $1,500,001 and $2,000,000
1 was sold over $2,000,000 

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach (not all cities in Palm Beach are included).

There are currently 7,269 Single Family Homes for sale in Palm Beach County.

2358 priced under $250,000
2408 priced between 250,001 and $500,000
835 priced between $500,001 and $750,000
485 priced between $750,001 and $1,000,000
371 priced between $1,000,001 and $1,500,000
265 priced between $1,500,001 and $2,000,000
547 priced over $2,000,000

 For the month of August 723 Single Family Homes SOLD in Palm Beach County.

407 were sold under $250,000
216 are sold between 250,001 and $500,000
45 were sold between $500,001 and $750,000
24 were sold between $750,001 and $1,000,000 
9 were sold between $1,000,001 and $1,500,000
10 were sold between $1,500,001 and $2,000,000
12  were sold over $2,000,000

There are currently 9,204 Multi-Family Homes LISTED FOR SALE in Palm Beach County.  Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached
as well as single story to multi levels.

7060 are priced under $250,000
1345 are priced between 250,001 and $500,000
 338 are priced between $500,001 and $750,000 
194 are priced between $750,001 and $1,000,000
118 are priced between $1,000,001 and $1,500,000
56 are priced between $1,500,001 and $2,000,000
93 are priced over $2,000,000

For the month August 637 Multi-Family Homes SOLD in Palm Beach County.

575 were sold under $250,000
50 are sold between 250,001 and $500,000
8 were sold between $500,001 and $750,000
3 were sold between $750,001 and $1,000,000
None were sold between $1,000,001 and $1,500,000
None were Sold between $1,500,001 and $2,000,000
1 was sold over $2,000,000

AUGUST SUMMARY:  I enjoy doing this because even I find the differences fascinating and often very encouraging for market conditions.  I am frustrated by the computer data as the variances are drastic OFTEN.  I ran the numbers this morning and I was concerned with the Palm Beach numbers as they were way to vastly different.  I ran them again at noon and they were much more aligned EXCEPT for the Multi Family Homes for sale.  The disparity from June to August still was too great.  I am NOT AN Economist.  I report the numbers as the computer gives them to me.  Since there is a margin of computer and human error, please bear with me.

Here is the synopsis....Broward Single Family Listings are Less and the sales are just a little less.  For Multi-family in Broward less listings, but more sales.

In Palm Beach County the single family listings are less and the sales are more.  In Multi-Family the listings are substantial more but that is the computer generated error.  Keep in mind we are only reporting the cities we sell in for Palm Beach as indicated above.  The good news is that sales were higher in August over July.

To see specific details on a specific category of homes actively for sale or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the Realtor Association of Greater Fort Lauderdale and the Realtor Association of the Palm Beaches.