The numbers are in for Broward county properties that were sold in April 2011! There’s a report (below) I’ve attached so you can see the info for yourselves.
Can you believe that 1/3rd of our market are Short Sales or Foreclosures?…then again… maybe you can! Check it out below and post your thoughts and comments!
A few things that stuck out to me are:
- Foreclosures (REOs) and short sales make up 1/3 of our market here in Broward county!
- The Average Sale Price for Single Family homes INCREASED! It was approx $296K which is up from March 2011 which had $260K as the Average sale price!
- The number of sales closed INCREASED from March by 20% and is up 11% from the same time in 2010!
- About 1/3 of the Single Family and Condo/Townhomes that sold, sold within 30 days or less! .
I’m using a different report this month with a better break down of Single Family vs Condo/Townhomes and that includes (and differentiates) short sale and foreclosures within the statistics.
Also if anyone is interested in looking at the numbers in your community or price range shoot me an email or give me a call and I can run a quick report just for you 🙂 I don’t mind at all!
Take a look at the data below. (Click to Enlarge)