Broward County June 2018 Market Update

Broward County June 2018 Market Update

June real estate numbers are published. Here’s how the Broward County June 2018 Market Update compared to the same time last year for Broward County real estate:

The median time on contract dropped by 6 days from June of last year, going from 37 to 31.

Also, the median selling price for Broward County homes is up by 3.5% from last June. Home values are going up!

Many economists consider the quantity of cash sales in an area to determine the activeness of property investors in a specific area. In the case of Broward County, cash sales were down by 22.3% from last June. To the opportunistic investor, this significant drop can mean less competition for affordable investment properties.

Broward County June 2018 Market Update

Broward County June 2018 Market Update
By |2018-07-31T18:08:28+00:00July 29th, 2018|Market Updates|Comments Off on Broward County June 2018 Market Update
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