Date post: | 23-Jul-2015 |
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3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Single Family Detached Residences – SE Florida MLS, E. Ft. Lauderdale Area
• Cumulative monthly
sales of single family
detached houses have
been higher than in the
first 9 months of both
2008 and 2009
• YTD September, 2010
sales were +10.8%
above those of 2009
and +35.7% above
those of 2008
***For more details call Caren Nealon at 954.325.2300***
3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Single Family Detached Residences – SE Florida MLS, E. Ft. Lauderdale Area
• Throughout 2009, median
sales prices were lower in
each quarter compared to
the same period in the
previous year until 1Q 2010
when the trend reversed and
stabilized through 3Q 2010
• The median 3Q 2010 sales
price was higher again by
+5.8% compared to that of
3Q 2009
• Through September, the
median sales price is nearly
flat compared to 2009
***For more details call Caren Nealon at 954.325.2300***
3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Single Family Detached Residences – SE Florida MLS, E. Ft. Lauderdale Area
• A “Seller’s Market” is considered to exist when the inventory of properties for sale equals less than 6 months, a “Balanced Market” exists when inventory is in the 6-7 months range and a “Buyer’s Market” exists when inventory is above 7 months
• All properties priced above $300K currently exist in a Buyer’s market condition
• A given sub-market may be competing in very different conditions than the overall market indicates, so it pays to know those conditions for the part of the market in which you are interested
***For more details call Caren Nealon at 954.325.2300***
3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Condo/Townhome Residences – SE Florida MLS, E. Ft. Lauderdale Area
• Cumulative monthly
Condo/Townhome sales
increased by +37.3%
through September, 2010
compared to the same
period of 2009
• Cumulative 2009 sales
were also +80% above
those of 2008
***For more details call Caren Nealon at 954.325.2300***
3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Condo/Townhome Residences – SE Florida MLS, E. Ft. Lauderdale Area
• The Median sales price
was lower again in 3Q
2010, by -16.0%
compared to 3Q 2009,
continuing to be affected
by a large number of
Distressed Sale
transactions
• The decline brought the
3Q 2010 median sales
price to the lowest
quarterly price point in
the last 2 years, dropping
in each quarter since 4Q
2009
***For more details call Caren Nealon at 954.325.2300***
3Q 2010 Quarterly Market ProfileProvided by ChartMaster Services, LLC exclusively for Keller Williams Realty
Condo/Townhome Residences – SE Florida MLS, E. Ft. Lauderdale Area
3Q ONLY
• A “Seller’s Market” is considered to exist when the inventory of properties for sale equals less than 6 months, a “Balanced Market” exists when inventory is in the 6-7 months range and a “Buyer’s Market” exists when inventory is above 7 months
• All condo/townhome properties priced above $200K currently exist in a Buyer’s market condition
• A given sub-market may be competing in very different market conditions than the overall market indicates, so it pays to know the conditions for the part of the market in which you are interested
SE Florida MLS Data for Condo/Townhome residence sales. Data is believed to be accurate, but is not warranted. ChartMaster Services, LLC
***For more details call Caren Nealon at 954.325.2300***