July 2022 Single-Family Homes Broward County - MIAMI REALTORS

Monthly Market Summary - July 2022

Single-Family Homes

Broward County

July 2022

July 2021

Percent Change

Year-over-Year

1,213

1,680

-27.8%

327

381

-14.2%

Median Sale Price

$600,000

$495,000

21.2%

Average Sale Price

$785,911

$667,853

17.7%

$953.3 Million

$1.1 Billion

-15.0%

Med. Pct. of Orig. List Price Received

100.0%

100.0%

0.0%

Median Time to Contract

13 Days

13 Days

0.0%

Median Time to Sale

51 Days

57 Days

-10.5%

New Pending Sales

1,265

1,682

-24.8%

New Listings

1,935

1,969

-1.7%

Pending Inventory

1,853

2,819

-34.3%

Inventory (Active Listings)

3,313

2,414

37.2%

Months Supply of Inventory

2.4

1.5

60.0%

Closed Sales

Paid in Cash

Dollar Volume

2018

2019

2020

2021

2022

Closed Sales

2,000

1,500

1,000

500

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

Median Sale Price

$700K

$600K

$500K

$400K

$300K

$200K

$100K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

7,000

Inventory

6,000

5,000

4,000

3,000

2,000

1,000

0

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2018

2019

2020

2021

Produced by MIAMI Realtors? with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.

Data released on Thursday, August 18, 2022. Next data release is Wednesday, September 21, 2022.

2022

Monthly Distressed Market - July 2022

Single-Family Homes

Broward County

Closed Sales

July 2022

July 2021

Percent Change

Year-over-Year

1,197

1,662

-28.0%

$600,000

$495,500

21.1%

13

6

116.7%

$400,000

$435,625

-8.2%

3

12

-75.0%

$508,650

$299,900

69.6%

Traditional

Median Sale Price

Closed Sales

Foreclosure/REO

Median Sale Price

Closed Sales

Short Sale

Median Sale Price

2018

2019

Traditional

2020

Foreclosure/REO

2021

2022

Short Sale

100%

90%

Closed Sales

80%

70%

60%

50%

40%

30%

20%

10%

0%

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

$900K

$800K

Median Sale Price

$700K

$600K

$500K

$400K

$300K

$200K

$100K

$0K

J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J

2018

2019

2020

2021

Produced by MIAMI Realtors? with data provided by Florida's multiple listing services. Statistics for each month compiled from MLS feeds on the 15th day of the following month.

Data released on Thursday, August 18, 2022. Next data release is Wednesday, September 21, 2022.

2022

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