Live Breaking News & Updates on Broward County Posts Fifth

Broward County Posts Fifth-Consecutive Double-Digit Home Sales Increase
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MIAMI (PRWEB) February 19, 2021
Broward County total home sales jumped double-digits year-over-year for the fifth consecutive month in January 2021, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
Broward County total home sales surged 18.9% year-over-year in January 2021, from 2,031 to 2,416. Broward single-family home sales rose 18.2% year-over-year, from 976 to 1,154. Broward existing condo transactions increased 19.6% year-over-year, from 1,055 to 1,262.
“The pandemic accelerated trends that were already apparent in the South Florida market, including affluent buyers from high-tax and high-density states purchasing in South Florida,” Broward-MIAMI President Patrick Simm said. “Home sales are not only increasing by double digits, but properties are going under contract significantly faster than las ....

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