Real Estate Market Snapshot October 2021
Broward County is experiencing a real estate boom.
Look at the numbers on the real estate snapshot to the right.
Median Sales Prices rose by 17.8% within a year, probably due to the continued high demand and almost 33% less active single family homes for sale in the county compared to 2020.
The condo market saw an increase of the median sales price of almost 21% with almost 57% less condos for sale in 2021 compared to the prior year.
With a historically low inventory and the high buyer demand, prices will most likely continue to increase.
Pompano Beach Real Estate makes up a part of the Broward Real Estate market and with the city of Pompano Beach pouring in Millions of Dollars to revitalize it, Pompano Beach is an excellent choice for the home buyer.
Call one of our friendly Pompano Beach Realtors at 954-505-6000 to start your search.