SEPTEMBER 2024 FLORIDA REAL ESTATE REVIEW

I hope this September 2024 Florida Real Estate Review finds you well.?I?encourage you to share it with clients, colleagues, and friends who may find it interesting.

If you are considering?selling your home, my team and I would be more than happy to provide a no-obligation valuation of your property and a complete sales?and marketing strategy.

Reviews, referrals, and recommendations have become?the lifeblood of the real estate?business. If you have had a good experience working with me, in any market, and would be so inclined, I would appreciate your positive review: Sure, I'd love to recommend Andrew Fishkind

Thanks and Regards,

?Andrew ?

August 2024 Florida Contracts Signed Report By County

Highlights from the?Florida?report include:

Palm Beach County

Newly?signed?single family?contracts?rose year-over-year for the first time since November. New listings continued to rise faster than new?signed?contracts. Newly?signed?single family?contracts?above the $1 million threshold rose annually for the first time since April.

Broward County

Newly?signed?single family?contracts?rose year-over-year for the first time since February. New listings continued to rise faster than new?signed?contracts. Newly?signed?single family?contracts?above the $1 million threshold rose annually for the third time at an expanding rate.

Miami-Dade County

Newly?signed?single family?contracts?rose year-over-year for the second time. New listings continued to rise faster than new?signed?contracts. Newly?signed?single family?contracts?above the $1 million threshold rose annually for the second time at an expanding rate.

July 2024 Year-Over-Year Sales, by County

(Source:? Realtors of the Palm Beach and Greater Fort Lauderdale)

EAST COAST

Broward County

• Single-Family Home Sales Volume?decreased?1.4%
• CONDO and Townhouse Sales Volume decreased?10.0%
• Single-Family Home Median Sales Prices increased?1.0% to $606,000 from $600,000
• CONDO and Townhouse Median Sales Prices stayed the same?at $275,000

Miami-Dade County

• Single-Family?Home Sales Volume?increased?1.7%
• CONDO and Townhouse Sales Volume?decreased?15.6%
• Single-Family Home Median Sales Prices?increased?3.2% to?$640,000 from $620,000
• CONDO and Townhouse Median Sales Prices?decreased?0.2% to $415,000 from $416,000

Palm Beach?County

• Single-Family?Home Sales Volume decreased?10.9%
• CONDO and Townhouse Sales Volume?decreased?19.5%
• Single-Family Home Median Sales Prices increased?2.1% to?$617,500 from $605,000
• CONDO and Townhouse Median Sales Prices?increased?3.3% to $315,000 from $305,000

?

WEST COAST

Collier County

• Single-Family?Home Sales Volume?decreased?22.6%
• CONDO and Townhouse Sales Volume?decreased?21.0%
• Single-Family Home Median Sales Prices increased?1.1% to $740,000 from $732,000
• CONDO and Townhouse Median Sales Prices?increased?5.7% to $527,500?from $499,000

Hillsborough County

• Single-Family?Home Sales Volume?increased?3.0%
• CONDO and Townhouse Sales Volume?decreased?6.9%
• Single-Family Home Median Sales Prices?decreased?5.6% to $420,000 from $455,000
• CONDO and Townhouse Median Sales Prices?decreased?8.2% to $287,000 from $312,500

Pinellas County

• Single-Family?Home Sales Volume increased?0.5%
• CONDO and Townhouse Sales Volume?decreased?20.5%
• Single-Family Home Median Sales Prices increased?1.2% to?$484,500?from $478,968
• CONDO and Townhouse Median Sales Prices?decreased?11.6% to $269,500 from $305,000

Interested in Brand New Construction? View:?New Developments in Florida

If you are interested in buying or selling properties in any of these regions, my team and I would be happy to assist you.