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March 2025 Stats Update
Here's the most recent update in regards to the Dade, Broward, & Palm Beach County Markets. These reports reflect MLS data collected from FAR (Florida Association of Realtors) and our local MLS.
Despite what news agencies are reporting distressed housing remains extremely low. In the state of Florida median single family home prices have dropped 2%. Foreclosures remained relatively the same compared to this time last year. There hasn't been a significant development in distressed properties despite increasing inventory levels.
Condos & Townhomes have seen a median of 4.5% in sales price. Foreclosures & short sales remain at their lowest levels despite the being in a buyer's market.
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