Tag Archives: Florida real estate

Did South Florida’s “Housing Bubble 2.0” pop a few months ago when nobody was watching?

Today we are going to look at a few charts and you should be able to identify the noticeable drop in South Florida housing prices after they peaked in May.  After reaching a peak of $481,218 in the month of may, the average sale price of single-family homes has dropped 23% to $369,817 in September. […]

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House prices in the Greater Ft. Lauderdale area remain under pressure as condos saw a slight uptick last month

In some of our recent posts we have discussed how the month of May appears to be the month where single-family home prices throughout Broward County peaked.  As you will see from our first chart today, the average selling price of houses in the Greater Fort Lauderdale area continue to decline.  In the month of […]

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Condo market experiencing some headwinds in the Fort Lauderdale area

We have been showing that both the South Florida housing and condo markets have been experiencing some headwinds recently.  In particular, we have noted that the April/May period was most likely the top-tick in the recent faux housing recovery.  Today we will look at a few charts focusing on the condo market in the Greater […]

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Sector Spotlight – Condo market prices, transactions & foreclosure activity in Fort Lauderdale area

There have been some significant changes in the condo/townhouse market in the Fort Lauderdale area over the past year:  Condo inventory has grown at a faster rate than single-family homes, distressed sale prices are dropping and foreclosure activity appears to be gaining momentum as we move through 2014.  Our first chart today shows the median […]

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Market snapshot: Single-family homes in the Fort Lauderdale, Florida area

Yesterday we updated the condo market for the Fort Lauderdale area and today we will run through a few quick charts for the single-family home market.  First up, let’s look at the median prices by transaction type through March. Here is a quick summary of the chart above: The median price for traditional sales in […]

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Sector spotlight: Condo & townhouse properties in the Fort Lauderdale area

In an continuous effort to highlight market trends, we have been charting the data releases in the South Florida residential real estate market.  Today we will look at a few charts that include the March data for the condo/townhouse segment in the Greater Fort Lauderdale area. Here is a breakdown of the chart above: The […]

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Residential sale prices, inventory and transaction types in the Broward County / Fort Lauderdale area

The average selling prices of houses and condos appear to have stabilized over the past few months and appear to be encountering some upside resistance.  In January, the average selling price of a single-family home was $337,534, down slightly from $338,712 in December.  As for condo/townhouse prices, the average selling price was $170,508 in January, […]

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Tracking the distressed property trends in the Fort Lauderdale / Broward County market

The major banks really picked-up the pace of foreclosure filings to end 2013.  There were 3,362 new Broward County residential foreclosure filings in December and that was a level we haven’t seen in years.   Here are a few details worth mentioning: 2,602 single-family homes in Broward received a foreclosure notice in December 760 condo/townhouse […]

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A quick residential market update for the Fort Lauderdale area with inventory, prices & transaction types

Although the Fort Lauderdale area residential inventory has been increasing gradually each month, it took a pause from climbing in December.  That is very typical, since most people would rather not show their properties over the holidays unless it is a distressed sale.  Our first chart shows the housing and condo/townhouse inventory for Broward County. […]

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The banks had a busy November in Broward County, filing plenty of new foreclosure actions

It sure doesn’t seem like the pace of new foreclosure filings will slow anytime soon.   In November there were 2,448 new foreclosure filings in Broward County and that makes 22,821 total filings so far in 2013.  There were only 15,983 total filings in 2012, so we have already surpassed that.  As far as a […]

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