Values Series Broward County

by Jennie Frank Kapoor

Values

A Data-Driven Insights Series for Luxury Real Estate

 

Broward County

Fort Lauderdale | Sea Ranch Lakes | Lauderdale-by-the-Sea | Pompano Beach | All Broward

 

Welcome to the Values content series by Jennie Frank Kapoor of Tropical Phoenix Homes. In this series, we take a look at broader market-level insights and trends with a focus on the numbers in an executive summary format. This series will focus on monthly and quarterly updates with a bigger picture in mind. Coupled with our neighborhood and building deep dives, this will give my clients, prospective clients, and collaborators both the macro and micro views of the tropical markets we work within.

A Few General Notes About This Post:

  • All data reflects criteria focused on $1M+ properties, where I specialize in for my sales and REIMAGINE businesses.
  • All the data, charts, and analysis presented in this report are broken down between i) Single-Family Homes (SFHs) and ii) Townhouses / Condos to give a more accurate view to our audience of property types and their performance in the market.
  • This report has a date range focused on June 2023 through June 2024 / Q2. July will be a part of my next report once source data is verified and closed for the month through Florida Realtors.
  • Information is segmented by the local markets I specifically cover for sales and REIMAGINE projects. We also zoom out to the broader South Florida counties for context.

Counties and Cities:

  • Miami-Dade (click here to read)
    • Coral Gables
    • Coconut Grove (Miami)
    • Key Biscayne
    • Miami Beach
  •  Broward (this post)
  •  Palm Beach (click here to read)
    • West Palm Beach
    • Palm Beach
    • Delray Beach
    • Boca Raton
  • For an insightful micro-level understanding of the market, please dig into my neighborhood deep dives and community pages. It's also my pleasure to prepare a complimentary market analysis and broker opinion of value for anyone looking to buy or sell a primary residence, secondary home, or investment property.
If you love numbers, charts, graphs – just data in general – this is the series for you. With that said, let’s dig in!

FORT LAUDERDALE

I. Single Family Homes (SFHs)

View Available Listings

Snapshot

Closed Sales

Observations:

  • While closed sales of Fort Lauderdale luxury single family homes (SFHs) were trending up in volume earlier in the year, Q2 has seen a decline in transactions. The year-over-year (YoY) change has seen more months up than down (with 7 of the last 12 months up or neutral compared to last year). This likely reflects that it’s a little harder to get deals done, especially with sellers who are dug in and chasing higher sales prices (which is happening here), but it’s also relative, contextually, to some of the high price appreciation over the last few years. Finding some equilibrium is healthy for the market, and it appears we’ve just seen some natural cooling off.

Total Dollars Closed

Observations:

  • While closed sales dollars are trending up in volume this year for Fort Lauderdale luxury SFHs, with some notably high months (nine over $100M!), there has been a recent pullback over Q2. The YoY change has seen both positive and negative fluctuations (7 months up and 5 months down). Once again, deals are getting done, but there has been a recent market cooling off in a healthy way without compromising pricing.

Median Sales Price

Observations:

  • The median sales price for Fort Lauderdale luxury SFHs has grown at some of the highest levels anywhere in South Florida. The second half of last year saw a notable decline in both nominal dollars per transaction and YoY change – but it’s been a tale of two halves, with the last six months on a just as notable march higher (and completely erasing the depreciating median sales prices previously occurring). In fact, June just set a new 12-month high in the market.

Median Time to Closed Sale

Observations:

  • The median time on market to a closed sale has remained within a fairly consistent range (between approximately three to four months). Compared to other areas of South Florida, this has been among the quickest categories of property to the closing table. Most luxury sellers should expect 4–6 months on the market with realistic pricing goals. This data demonstrates and reinforces that there is still strong demand for Fort Lauderdale luxury SFHs by beating those expectations in 7 out of the last 12 months.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Fort Lauderdale luxury SFHs is up considerably over the last year, with a recent leveling off. This is reflected in both nominal listings as well as YoY change (with 11 of the last 12 months up from the prior year). To me, this reflects pent-up demand from luxury SFH sellers looking for the right macro and local environment to sell after a few years on the sidelines.

New Listings

Observations:

  • Following national, regional, and local trends, new listing inventory of luxury SFHs in Fort Lauderdale is up this year, with consistently added homes each month (including an October 2023 spike ahead of winter selling season). While the nominal new listings have been fairly steady, what’s notable is that 10 of the last 12 months have seen meaningful increases YoY.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Following national, regional, and local trends, supply is up considerably over the last year, with consistently added luxury SFH inventory YoY. For this property type, the data indicates it’s a buyers’ market, and I find that consistent with what I’m seeing on the ground in Fort Lauderdale recently (but still achieving strong median sales pricing). That said, please note that supply is notably lower compared to many other luxury communities within South Florida overall.

II. CONDOS AND TOWNHOUSES 

View Available Listings

Snapshot

Closed Sales

Observations:

  • Closed sales of luxury townhouses / condos in Fort Lauderdale are trending up so far in 2024. However, 8 of the last 12 months are lower YoY compared to sales last year. Supported by some of the metrics below, we are in a cooling-off period for this product type.

Total Dollars Closed

Observations:

  • Consistent with the metric above, total closed sales dollars of luxury Fort Lauderdale townhouses / condos are also trending up for the year (with momentum gaining strength from spring into summer season followed by a recent pullback). This sales activity is also mixed YoY, with 7 of the past 12 months lower than last year.

Median Sales Price

Observations:

  • Consistent with the story of the metrics above, median sales pricing of luxury townhouses / condos in Fort Lauderdale, despite some upward spikes, has been trending down for much of the last year. YoY, the market has seen 10 of the last 12 months flat-to-declining in pricing.

Median Time to Closed Sale

Observations:

  • The median time on market to a closed sale has nearly doubled from a year ago. While still relatively quick compared to some other areas of South Florida, getting to the closing table for luxury townhouses/condos in Fort Lauderdale is taking longer (with 11 of the last 12 months YoY seeing increases in median closing timelines). Most luxury sellers should expect 4–6 months on the market with realistic pricing goals, which the recent median still trades within. However, this data demonstrates and reinforces that there are softening market conditions for this product type.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Fort Lauderdale luxury townhouses / condos is up considerably over the last year, with a recent leveling off. This is reflected in both nominal listings as well as YoY change (with all of the last 12 months up from the prior year). To me, this reflects pent-up demand from luxury townhouse / condo sellers looking for the right macro and local environment to sell after a few years on the sidelines. That said, inventory is up nearly 50% YoY, and this is contributing to the market softness.

New Listings

Observations:

  • Following national, regional, and local trends, new listing inventory of luxury townhouses/condos in Fort Lauderdale has been up for much of the last year (with 8 of the last 12 months seeing higher YoY change). However, there has been a notable pullback in nominal new listings and YoY activity recently. This very well may be a reaction to the market softness we’re seeing, coupled with both data and the feeling of a slower summer season.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Following national, regional, and local trends, supply is up considerably over the last year, with consistently added luxury townhouse/condo inventory YoY. For this property type, the data indicates it’s certainly a buyers’ market, and I find that consistent with what I’m seeing on the ground in Fort Lauderdale recently. Right now is a great time to be a buyer here.
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SEA RANCH LAKES

I. Single Family Homes (SFHs)

View Available Listings

Snapshot

Closed Sales

Observations:

  • As many of those who follow me know, Sea Ranch Lakes is one of my favorite communities on the planet, and you can read more in my blog and podcast, where I deep dive into this market. The neighborhood is also its own municipality (as a village), which is why I’m including it within this geographic structured market report. Given that the community’s residential properties are all luxury SFHs, that will be what we cover here.
  • Sea Ranch Lakes luxury SFHs typically see about one sales transaction per month over the last year, with some months higher or lower than that mark. That’s ~6.5% of the market turning over during the last year, which is below average for luxury communities. I attribute this to: i) owners hanging onto their properties in this special place and ii) it’s following a prior period of relatively higher turnover in the neighborhood.

Total Dollars Closed

Observations:

  • Given the small sample size, total closed dollar volume for Sea Ranch Lakes luxury SFHs can fluctuate significantly. It also depends on what’s selling, such as whether it’s inland reno-ready houses versus waterfront renovated or rebuilt homes (each coming with their own range of pricing, which I cover in my blog and podcast). I find the market activity steady in Sea Ranch Lakes, with a few months of closing spikes (for example, August and the start of school).

 Median Sales Price

Observations:

  • Like the metric above, given the small sample size, median sales pricing really depends on which product type is selling (renovated or rebuilt or not; and whether inland or waterfront; and further, whether that waterfront is Intracoastal or lakefront). All of these categories come with their own pricing ranges, and I go into detail about this in my blog and podcast (take a read or viewing!).
  • Median sales pricing of luxury SFHs in Sea Ranch Lakes stands among the highest in Broward County.

Median Time to Closed Sale

Observations:

  • But for a few months that had unique selling circumstances, Sea Ranch Lakes luxury SFHs trade faster on median than most other luxury communities within South Florida. A 2–3 month timeline is quick for luxury homes and also beats the median in Broward County.

Active Inventory

Observations:

  • Active inventory for luxury SFHs in Sea Ranch Lakes is up YoY. With approximately 4.5% or less of the neighborhood on the market throughout the last year, that metric falls below many luxury communities, signaling the desire of owners to enjoy their Sea Ranch Lakes homes for an extended period of time (and I can’t blame them, what a paradise!).

New Listings

Observations:

  • New listings of luxury SFHs in Sea Ranch Lakes fluctuate throughout the year and are of a relatively low sample size. Over the last year, you can clearly see a group of new listings coming onto the market around the two major selling seasons.

Months of Supply

Observations:

  •  Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Following national, regional, and local trends, supply is trending up over the last year for luxury SFHs in Sea Ranch Lakes. The data indicates it’s technically a buyers’ market; however, I would rate this market closer to neutral given the relatively low inventory and median time to the closing table.
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LAUDERDALE-BY-THE-SEA

I. Single Family Homes (SFHs)

View Available Listings

Snapshot

Closed Sales

Observations:

  • Lauderdale-by-the-Sea is a charming and boutique beachside community that I love! While not as high in volume as some of the other luxury SFH communities in Broward County, to me, it’s one of the best. Situated near Fort Lauderdale, Sea Ranch Lakes, and Pompano Beach, its central location is fantastic. Closed sales saw a recent spike in January before leveling off into what has been a relatively slow summer countywide for many markets. Like Sea Ranch Lakes, this is another community where families and seasonal visitors own their properties for extended periods of time.

Total Dollars Closed

Observations:

  • Total closed sales dollars of luxury Lauderdale-by-the-Sea SFHs are trending up from the start of Q2 (with momentum gaining strength from spring into summer season). Two of the highest volume months over the past year have been June and May 2024.

Median Sales Price

Observations:

  • While a very limited sample size, median sales prices for Lauderdale-by-the-Sea luxury SFHs have climbed over the last quarter reflecting some recent higher-end and waterfront sales. These median sales prices are above marks from recent years.

Median Time to Closed Sale

Observations:

  • Heading into summer after some recent lows, median time to closed sales for luxury SFHs in Lauderdale-by-the-Sea is trending considerably higher (albeit on limited transactions). The time to the closing table here is above where it typically lands in this community; however, median closings are within the 4–6 month expectation range recommended for luxury SFH transactions.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Lauderdale-by-the-Sea luxury SFHs is up considerably over the last year, even with a recent pullback. Comprised of a statistically meaningful sample size, actives are up or flat in 10 of the last 12 months. Following trends of other nearby luxury SFH communities, the increase in inventory has not had a notably negative effect on median sales pricing.

New Listings

Observations:

  • New listings of luxury SFHs in Lauderdale-by-the-Sea have been fairly steady throughout the last year (with a few low outlier months). YoY change shows new listing inventory up in 8 of the last 12 months compared to the prior year, which is consistent with national, regional, and local trends.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Bucking national, regional, and local trends, supply is trending down this year for luxury SFHs in Lauderdale-by-the-Sea. The data indicates it’s a buyers’ market; however, recent activity and relatively low inventory mitigate some of that position (an observation supported by what’s happening with median sales pricing).

II. CONDOS AND TOWNHOUSES 

View Available Listings

Snapshot

Closed Sales

Observations:

  • Lauderdale-by-the-Sea luxury townhouses / condos are a market of relatively similar scale to the luxury SFH market in that it is boutique. Many of these properties are near the beach or close to the Intracoastal. Closed sales have recently fallen, and YoY change is down or flat for most of the last 12 months.

Total Dollars Closed

Observations:

  • Total dollars closed in the Lauderdale-by-the-Sea luxury townhouse / condo market were trending upwards for most of the last year until a sharp pullback in May 2024. YoY activity is also down in 10 of the last 12 months, suggesting some softening in the market.

Median Sales Price

Observations:

  • Median sales prices in the Lauderdale-by-the-Sea luxury townhouse/condo market have been trending downwards since a recent high in October of 2023. However, pricing is up YoY in 7 of the last 12 months. While there appears to be softening in the local market from a sales and volume standpoint, there has been limited adverse effect on pricing.

Median Time to Closed Sale

Observations:

  • Speaking from some very relevant personal experience, deals for luxury townhouses/condos are getting to the closing table fast in Lauderdale-by-the-Sea. The metric of time in days to a sale is among the quickest for all product types and within all South Florida markets. YoY change is down or flat for 9 out of the last 12 months.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Lauderdale-by-the-Sea luxury townhouses / condos was up considerably over the last year before a recent pullback. Actives are up or flat in all of the last 12 months. The lack of townhouse / condo inventory is certainly contributing to a slowdown in transaction activity, yet similarly having an effect on mitigating the severity of price depreciation.

New Listings

Observations:

  • Similar to the previous metric, new listings of luxury townhouses / condos in Lauderdale-by-the-Sea have been declining for most of 2024 (along with a YoY change that is flat or down in 7 out of the last 12 months). The lack of townhouse / condo new inventory is certainly contributing to a slowdown in transaction activity, yet similarly having an effect on mitigating the severity of price depreciation.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Consistent with national, regional, and local trends, supply was trending up for most of the last year in Lauderdale-by-the-Sea before a recent pullback. YoY change is up for all 12 months over the last year. The data indicates it’s a buyers’ market for luxury townhouses / condos here; however, the trend is heading towards lower supply along with a fast time for median closings. 
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POMPANO BEACH

I. Single Family Homes (SFHs)

View Available Listings

Snapshot

Closed Sales

Observations:

  • While closed sales of Pompano Beach luxury SFHs were trending up in volume through the spring season, recent summer activity has seen a decline in transactions. The YoY change has seen 6 months up and 6 months of decline or flat. Various metrics reinforce the belief that the market has entered a cooling phase here.

Total Dollars Closed

Observations:

  • Following two strong selling seasons over the last year (represented by the two peaks), dollar volume of closed sales has dropped heading into the summer. This is not surprising given the amount of seasonality in the Pompano Beach luxury SFH market. However, 7 out of the last 12 months have seen positive YoY change, and total dollars of closed sales have traded in a consistent range.

Median Sales Price

Observations:

  • Median sales prices for luxury SFHs in Pompano Beach have seen a relatively stable trading range over the last year (the exception being a notable peak in October 2023), but prices have cooled through Q2. However, 8 out of the last 12 months have seen flat to increased YoY change. Prices have recently transacted down in-kind following sales and dollar volume pullbacks.

Median Time to Closed Sale

Observations:

  • Median time to closed sales for luxury SFHs in Pompano Beach is currently among the quickest markets in South Florida. For much of 2024 thus far, the timelines have been decreasing, and YoY change has seen 4 out of the last 6 months down compared to the prior year. Generally speaking, luxury sellers should consider 4–6 months as a healthy selling window when priced realistically. Even with other metrics demonstrating softening this past Q2, sellers are cutting prices to get deals to the closing table.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Pompano Beach luxury homes is up considerably over the last year, with steady amounts of listings added each month (and nearly twice as much online compared to a year ago). Actives are up or flat in 10 of the last 12 months.

New Listings

Observations:

  • Following national, regional, and local trends, new listing inventory of Pompano Beach luxury homes is trending up over the last year, with a slight pullback heading into summer. New listings are up in 9 of the last 12 months.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Consistent with national, regional, and local trends, supply has been trending up for luxury SFHs for most of the last year in Pompano Beach. YoY supply is higher in 12 out of the last 12 months. This is currently a textbook example of a market where you’re recently seeing decreased sales activity, increased supply on the market, and median sales pricing declining as a result. It’s a great time to be a buyer for luxury SFHs in Pompano Beach, where one can be selective for the right opportunities.

II. CONDOS AND TOWNHOUSES 

View Available Listings

Snapshot

Closed Sales

Observations:

  • Closed sales of Pompano Beach luxury townhouses / condos have been trending up since the Fall of 2023, with a steady amount of closings. YoY change has seen 8 out of the last 12 months flat or up, which stands out as one of Broward County’s positive markets for this product type.

Total Dollars Closed

Observations:

  • Following a number of strong sales months during the Winter and Spring selling seasons over the last year, dollar volume of closed sales has dropped slightly heading into the Summer. Adding to the positive trajectory of the Pompano Beach luxury townhouse/condo market, 9 out of the last 12 months have seen YoY gains.

Median Sales Price

Observations:

  • Median sales prices for luxury townhouses/condos in Pompano Beach have seen a steady range, with natural ups and downs around seasonality. YoY change demonstrates an even amount of up and down months compared to the prior year.

Median Time to Closed Sale

Observations:

  • Median time to closed sales for luxury townhouses / condos in Pompano Beach is currently among the quickest markets for this product type in South Florida. Over the last year, there have been three notable drops in how long it takes deals to get to the closing table. Generally speaking, luxury sellers should consider 4 – 6 months as a healthy selling window when priced realistically. Recently, timelines have dropped by more than 50%.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory of Pompano Beach luxury townhouses/condos is up considerably over the last year, with steady amounts of listings added each month (and nearly twice as much online compared to a year ago). Actives are up or flat in 11 of the last 12 months.

New Listings

Observations:

  • Bucking national, regional, and local trends, new listings of Pompano Beach luxury townhouses/condos are trending down over the last year (from a high in September 2023); however, YoY change is up or flat in 10 out of the last 12 months.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Contrary to national, regional, and local trends, supply is trending down for luxury townhouses/condos for most of the last year in Pompano Beach. This also helps explain the story behind the steady median pricing and quick timelines to the closing table seen in the market for this product type. The supply data indicates a strong buyers’ market currently exists, but with limited new supply coming online and sales trending up, it will be interesting to see what happens next here in the coming months.
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ALL BROWARD

I. Single Family Homes (SFHs)

View Available Listings

Snapshot

Closed Sales

Observations:

  • Broward is having a strong luxury SFH market in 2024 thus far. Closed sales of SFHs are trending up for the year (with momentum gaining strength from winter into spring season). This sales activity is also up YoY, with 10 of the past 12 months higher compared to last year. Consistent with national, regional, and local news, data demonstrates demand for Broward luxury SFHs has been very strong. As a recurring theme, the greatest wealth migration in the history of South Florida is alive and well in the county.

Total Dollars Closed

Observations:

  • Consistent with the metric above, total closed sales dollars of luxury SFHs in Broward are also trending up for the year. This sales activity is also up YoY, with 10 of the past 12 months higher than last year (with four of the last months being highs for the year). Consistent with national, regional, and local news, data demonstrates demand for this product type in the county has been very strong.

Median Sales Price

Observations:

  • The median sales price for the luxury SFH market in Broward has fluctuated greatly over the last year, and YoY change is mostly flat. The trading range has been within a consistent range.

Median Time to Closed Sale

Observations:

  • The median time on market to a closed sale in Broward has been trending down and is relatively quick for luxury SFH products (compared to other markets). 6 out of the last 12 months have seen timelines to the closing table flat or drop YoY, with that trend accelerating since January.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory is on the march up over the last year in Broward. This is reflected in terms of both nominal actives and YoY growth (which has been accelerating recently). You can definitely feel more luxury SFHs on the market when driving around luxury communities and see the inventory growing on the MLS. I consider this pent-up demand from sellers who want to sell but didn’t due to various macro and local economic factors over the last two years (such as being locked into good mortgages and concerns over the price of what to buy next).

New Listings

Observations:

  • Following national, regional, and local trends, new listing inventory of luxury SFHs in Broward has been trending up for much of the last year, along with a slight recent pullback. Ten of the last 12 months (including 9 in a row) have all seen gains in YoY change.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Consistent with national, regional, and local trends, the supply of inventory in Broward for luxury SFHs has been steadily increasing over the last year. YoY change reflects positive supply gains in all of the last 12 months. For this property type, the data indicates it’s a buyers’ market, but inventory is still historically tight. Countywide, this makes sense, but keep in mind various luxury neighborhoods are seeing higher or lower months of supply depending on their localized demand. Sales are still closing quickly, and median pricing hasn’t dropped in a meaningful way. It’ll be interesting to keep an eye on the market as we enter the fall and winter selling seasons.

II. CONDOS AND TOWNHOUSES 

View Available Listings

Snapshot

Closed Sales

Observations:

  • Broward’s luxury townhouse / condo market in 2024 thus far has been on the rise. Closed sales of this property type are trending up for the year (with momentum gaining strength from Winter into Spring season). However, sales transactions are down YoY in 10 of the last 12 months. That said, and consistent with national, regional, and local news, data demonstrates demand for Broward luxury townhouses / condos has been strong this year.

Total Dollars Closed

Observations:

  • Consistent with the metric above, total closed sales dollars of luxury townhouses / condos in Broward are also trending up for the year with clear periods of seasonality. Dollar volume is also down YoY with 10 of the past 12 months lower than last year; however, we are recently hitting a new consistent range of highs.

Median Sales Price

Observations:

  • The median sales price for the luxury townhouse / condo market in Broward has fluctuated greatly over the last year; however, there have been gains from the lows of August 2023. YoY change for this metric has seen 9 out of the last 12 months down over the past year.

Median Time to Closed Sale

Observations:

  • The median time on market to a closed sale in Broward has been steadily increasing over the last year for luxury townhouses/condos. 7 out of the last 12 months have seen YoY increases for the metric, demonstrating that listings (as a whole) are taking longer to get to the closing table.

Active Inventory

Observations:

  • Following national, regional, and local trends, active inventory is on the march up over the last year in Broward. This is reflected in terms of both nominal actives and YoY growth. You can definitely feel more product on the market when visiting buildings and see the inventory growing on the MLS. I consider this pent-up demand from sellers who want to sell but didn’t due to various macro and local economic factors over the last two years (such as being locked into good mortgages and concerns over the price for what to buy next).

New Listings

Observations:

  • Contrary to national, regional, and local trends, new listing inventory of luxury townhouses/condos in Broward has been trending down for much of this year. YoY change has fluctuated, with 7 months up and 5 months down. Additionally, the last two months have seen a notable decline in new listings.

Months of Supply

Observations:

  • Months of Supply is another way of looking at the health of the market (buyers, sellers, or neutral). Consistent with national, regional, and local trends, the supply of inventory in Broward for luxury townhouses/condos has been steadily increasing over the last year. YoY change reflects positive supply gains in all of the last 12 months (with three over 100% YoY). For this property type, the data indicates it’s a strong buyers’ market. It’s a great time to be a selective buyer, patient for opportunities.
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DISCLAIMERS AND NOTICES

  1. Data relied on within this blog and market report are from i) BeachesMLS and ii) MIAMI Association of REALTORS as of the date of this blog. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2024 BeachesMLS, Inc.
  2. This blog and market report are not to be considered investment advice nor a solicitation for investment.
  3. Purchasing or selling real estate is an important financial decision. Make your own buying, selling, or investment decision based on your own analysis and due diligence, along with the consultation of your own professional advisors.
  4. The content of this blog and market report is for information and educational purposes only. Any commentary is solely the professional opinion of Jennie Frank Kapoor and/or Tropical Phoenix Homes and does not reflect the opinion of Engel & Völkers, any MLS, Florida Realtors, nor any other group. Errors and typos are possible, and you should verify all information before taking any actions.
  5. Copyright © 2024 of all original photos and content within this blog and market report, which are the property of Engel & Völkers, Jennie Frank Kapoor, Florida Realtors, and/or Tropical Phoenix Homes (“IP Holders”). No photos or content may be utilized or reproduced without the prior written consent of the IP Holders.

 

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