“The November reports are out, and they did not disappoint! The holiday season certainly isn’t slowing down the red-hot housing market in Broward County. We saw a 14.1 percent year-over-year increase in median sale price to $485,000 as well as the average days on market dropping 25 percent to 15 days. It’s impressive to see the consistency in growth for median sale price and the days on market decreasing with regularity in 2021. Houses are being scooped up almost as quickly as they are listed and homeowners are seeing an increasingly great return on investment. As snowbirds and northerners continue to make the move to Florida, the market shows no signs of slowing down as we inch closer to 2022.”
Quote From: Karen Johnson, President of Broward, Palm Beaches & St. Lucie Realtors®
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