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Janurary Housing Report for Fort Lauderdale

  • March 20, 2021
  • adamdoctor
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Janurary Housing Report for Fort Lauderdale

Looking back at the January report, the numbers are insane!213 pending sales in 2021 vs 108 in 2020, thats a 97% increase. um….. what?449 inventory of homes in 2021 vs 716 in 2020, -37%so to recap, almost 100% in sales velocity upwards but almost 40% less homes.5.8 month inventory in 2020 vs 3.2 in 2021. 6 months inventory is a balanced market for both Buyers and Sellers.What a time to be a realtor or a buyer! Seller are raking in the $$$. Just submitted a offer on a house for over a million just upwards of 5% from asking, and they wont even counter. 🤯

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  • Fort Lauderdale
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