Miami-Dade, Broward sales prices on fire in March
Broward condo prices up 26% year-over-year
April 23, 2014 05:15PM
Although there was more inventory to work with, South Florida prices for condominiums and single-family homes climbed even higher in March....
... “While additional inventory is creating a more balanced market, strong sales continue to drive growth, as Miami remains a focal point for buyers and investors worldwide,” Liza Mendez, chair of Miami Association of Realtors, told the Miami Herald.
In Broward County, existing single-family homes saw a 10.7 percent year-over-year boost in median price to $268,500, Greater Fort Lauderdale Realtors data show. Median condo prices surged by 25.7 percent to $120,000, compared to March 2013. [Miami Herald] — Mark Maurer
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