Monday, August 07, 2006

Local MLS Statistics for July 2006

The Realtor Association of Greater Fort Lauderdale, of which I am a member, has released their July MLS Statistics:

New Listings:

  • Single Family: 2,831
  • Condo / Townhouse: 2,957

Available Inventory:

  • Single Family: 10,502 - (4% over June)
  • Condo / Townhouse: 13,087 - (3% over June)

Average Sale Price:

  • Single Family: $468,275 (-2% over June)
  • Condo / Townhouse: $257,226 (-3% over June)
Median Sale Price*:

  • Single Family: $375,000 (-1% over June)
  • Condo / Townhouse: $211,000 (-1% over June)

*The median sale price is the market price where half the homes sold for more, half sold for less.

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