MyMarketPulse (mymarketpulse.com) has unveiled its analysis for May 2024, focusing on the property market trends in Broward County, Florida.
According to the latest data, Broward County’s Median Sale Price was pegged at $610,000, showing a decrease of 1.2% from the preceding month and a rise of 7.0% from the year before.
A total of 1,307 homes were sold in the region, indicating an increase of 1.8% from last month and a drop of 4.9% when compared with a year ago.
The median time homes spent on the market was 56 days, which is down 2 days compared to last month and an increase of 4 days over the previous year.
Broward County’s Market Pulse Score currently stands at 110 indicating a rising trend for the market.
For more information about the Broward County, Florida market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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