Monday, 23 April 2012

Broward real estate market healing

Broward’s real estate market continues to heal, according to the latest numbers from the county’s Realtors group.

The median price for a single-family home sold in Broward rose 8 percent from a year ago to $180,009, the Miami Association of Realtors announced Monday. Condos also saw a price increase, up 7 percent to $75,100. Sales of single-family homes increased 2 percent to 1,195, while condo sales were down 15 percent to 1,837.

Miami-Dade numbers released last week showed rising prices and declining sales. The Miami group tracks numbers for Broward and Miami-Dade.

DOUGLAS HANKS

Source: http://www.miamiherald.com/2012/04/23/2764384/broward-real-estate-market-healing.html

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