The Broward County housing market continues to show its resilience, with steady growth and a healthy inventory for both buyers and sellers. Stay informed about the latest trends, so you can make the best decisions for your real estate journey.
Key Takeaways
Prices
The median home sold price in Broward County was $440,920 in September 2024, up +8.2% from last year.
Inventory
The Broward County real estate market had 10,277 homes for sale in September 2024, a +6.7% increase compared to August 2024.
Days on Market
Homes in Broward County had an average of 57 days on market in September 2024, up by +29.3% compared to last year.
Closed Sales
A total of 809 homes were sold or pending in Broward County in September 2024, down by -35.8% month-over-month.
Selling Competition
You may be able to get a good deal. 72.1% of homes here sold below asking price last month.
Buyers or Sellers?
Broward County is a Buyers’ Housing Market, which means prices tend to be lower and homes stay on the market longer.
What does this mean for you?
Buyers
This is a prime time to negotiate and secure a good deal on a home. Partner with a Butler Title expert to ensure a smooth closing process.
Sellers
Pricing your home competitively and strategically will be key in this market. We recommend connecting with a qualified real estate agent for guidance.
Remember: The market is fluid, and these are general trends. For personalized insights and expert guidance tailored to your specific needs, reach out to the trusted team at Butler Title. We're here to navigate the currents and ensure a smooth, successful transaction, no matter the market conditions.
Disclaimer: This information is based on September 2024 data from Rocket Homes and does not constitute professional financial or real estate advice. The information is provided solely for informational purposes. If you wish to obtain legal advice specific to your circumstances, please retain independent counsel of your choice.
Upcoming Events
AI in Real Estate – New Tools, New Ideas, and What’s Next
October 10
2:00 pm - 3:00 pm EDT
West Broward (Sawgrass) Office
Fort Lauderdale Real Estate Investors Meetup
October 15
6:30 pm - 8:30 pm EDT
FREE
The Fitz Bar & Lounge
7 Things Successful Agents Do Differently
October 17
9:00 am - 5:00 pm EDT
West Broward Sawgrass Office
Butler Title is a full-service, attorney owned and operated title insurance agency. We keep it simple and focus on what we do best: real estate closings. From first-time buyers to local moguls, BT provides an industry-leading fee structure and unparalleled experience.
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