REAL ESTATE UPDATE FOR BROWARD COUNTY & PALM BEACH COUNTY SEPTEMER 2013

Broward County includes well known cities of Coconut Creek, Coral Springs, Deerfield Beach, Fort Lauderdale, Highland Beach, Hillsboro, Lighthouse Point, Parkland, Plantation, Sunrise, Tamarac and Weston.

There are currently 6065, Single Family Homes LISTED FOR SALE

in Broward County.

­­­4344 priced under $250,000

1081 priced between 250,001 and $500,000

271 priced between $500,001 and $750,000

165 priced between $750,001 and $1,000,000

115 priced between $1,000,001 and $1,500,000

47 priced between $1,500,001 and $2,000,000

42 priced over $2,000,000

1

For the month of September, 963, Single Family Homes SOLD in Broward County.

413 were sold under $250,000

421 were sold between 250,001 and $500,000

64 were sold between $500,001 and $750,000

31 were sold between $750,001 and $1,000,000

23 were sold between $1,000,001 and $1,500,00

6 was sold between $1,500,001 and $2,000,000

5 were sold over $2,000,000

2

There are currently 6070 Multi-Family Homes LISTED FOR SALE in Broward County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi levels.

4348 are priced under $250,000

1081 are priced between 250,001 and $500,000

271 are priced between $500,001 and $750,000

165 are priced between $750,001 and $1,000,000

115 are priced between $1,000,001 and $1,500,000

47 are priced between $1,500,001 and $2,000,000

42 are priced over $2,000,000

3

For the month of September, 983 Multi-Family Homes SOLD in Broward County. Note that many of the lower priced multi-family homes are located in Adult only communities with over the age of 55 requirement to live there.

835 were sold under $250,000

125 were sold between 250,001 and $500,000

11 were sold between $500,001 and $750,000

6 were sold between $750,001 and $1,000,000

4 were sold between $1,000,001 and $1,500,000

None were sold between $1,500,001 and $2,000,000

2 were sold over $2,000,000

4

Palm Beach County includes well known cities of Boca Raton, Boynton Beach, Delray Beach, Greenacres, Lake Worth, Wellington and West Palm Beach.

There are currently 3716 single family homes listed For Sale

in Palm Beach County.

­­908 priced under $250,000

1300 priced between 250,001 and $500,000

563 priced between $500,001 and $750,000

226 priced between $750,001 and $1,000,000

233 priced between $1,000,001 and $1,500,000

142 priced between $1,500,001 and $2,000,000

344 priced over $2,000,000

5

For the month of September, 675 Single Family Homes SOLD in

Palm Beach County (Selected Cities Referenced).

297 were sold under $250,000

283 were sold between 250,001 and $500,000

48 were sold between $500,001 and $750,000

12 were sold between $750,001 and $1,000,000

15 were sold between $1,000,001 and $1,500,000

9 were sold between $1,500,001 and $2,000,000

11 were sold over $2,000,000

6

There are currently, 3878, Multi-Family Homes LISTED FOR SALE

in Palm Beach County. Multi-Family Homes include condos, town homes, villas, coops, all attached and or unattached as well as single story to multi-levels.

574 are priced under $250,000

155 are priced between 250,001 and $500,000

are priced between $500,001 and $750,000

75 are priced between $750,001 and $1,000,000

40 are priced between $1,000,001 and $1,500,000

18 are priced between $1,500,001 and $2,000,000

35 are priced over $2,000,000

7

For the month of September, 691 Multi-Family Homes SOLD

in Palm Beach County (Selected Cities Referenced).

613were sold under $250,000

55 are sold between 250,001 and $500,000

14 were sold between $500,001 and $750,000

5 were sold between $750,001 and $1,000,000

4 were sold between $1,000,001 and $1,500,000

None were sold between $1,500,001 and $2,000,000

1 was sold over $2,000,000

8

To see specific details on a specific category of homes actively for sale

or sold, please email us at Team@GreatFloridaHomes.com and we will forward the information for your reference or review.

Information deemed reliable as provided by the

Realtor Association of Greater Fort Lauderdale

and the Realtor Association of the Palm Beaches.

September was a good month with listings and sales up across the board for multi- family and single family homes, on average between 150-200 units. The only major difference was in single family homes listed for sale in Broward, there was almost an additional 2000 homes for sale. This coincides with the increase in equity and more home owners coming out from being underwater.

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