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Broward County Real Estate Market Report: October 2024


Broward County Real Estate Market Report: February 2024

The Broward County housing market continues to show its resilience, with steady growth and a healthy inventory for both buyers and sellers. Stay informed about the latest trends, so you can make the best decisions for your real estate journey.


Key Takeaways


Prices

The median home sold price in Broward County was $447,738 in October 2024, up +9.2% from last year.


Inventory

The Broward County real estate market had 10,455 homes for sale in October 2024, a +10.0% increase compared to September 2024.


Days on Market

Homes in Broward County had an average of 65 days on market in October 2024, up by +44.3% compared to last year.


Closed Sales

A total of 864 homes were sold or pending in Broward County in October 2024, down by -12.5% month-over-month.


Selling Competition

You may be able to get a good deal. 74.2% of homes here sold below asking price last month.


Buyers or Sellers?

Broward County is a Buyers’ Housing Market, which means prices tend to be lower and homes stay on the market longer.


 

Remember: The market is fluid, and these are general trends. For personalized insights and expert guidance tailored to your specific needs, reach out to the trusted team at Butler Title. We're here to navigate the currents and ensure a smooth, successful transaction, no matter the market conditions.


Disclaimer: This information is based on October 2024 data from Rocket Homes and does not constitute professional financial or real estate advice. The information is provided solely for informational purposes. If you wish to obtain legal advice specific to your circumstances, please retain independent counsel of your choice.


 

Upcoming Events


Juice It Up with YPN

November 15

8:30 am - 9:00 am EDT

ZOOM


Accredited Buyer Representative

November 19-20

9:00 am EDT

FREE

West Broward Sawgrass Office


What’s on the Horizon in Palm Beach County

November 21

2:00 pm - 3:30 pm EDT

West Broward Sawgrass Office


 


Butler Title is a full-service, attorney owned and operated title insurance agency. We keep it simple and focus on what we do best: real estate closings. From first-time buyers to local moguls, BT provides an industry-leading fee structure and unparalleled experience.


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