South Florida Real Estate Report – March 2023
Sales Volume Recovers, Keeping Inventory Low Single family home sales in South Florida rebounded nicely in March. With 3,829 total closings for the month we were down only 15.7% from
Sales Volume Recovers, Keeping Inventory Low Single family home sales in South Florida rebounded nicely in March. With 3,829 total closings for the month we were down only 15.7% from
Summer is right around the corner, so if you haven’t planned your summer getaway yet, then I’ve got some “cool” ideas for you. The average temperature in South Florida is
Help Us Protect Our Sea Turtles Updated April 2023 Review 2022 Survey Highlights Every Spring, like clockwork, several species of sea turtles return to South Florida to share our beautiful
30-Year Fixed Rate Approaches 6% Again Just in time for our peak winter season, mortgage interest rates have dropped down again for the third week in a row. Inventory is
Featured Events for April 2023 Delray Affair Downtown Delray Beach April 14th – 16th One of the largest arts and crafts festivals in “The most fun small town”. The Delray Affair has
Inventory Still Limited, Median Prices Still on the Rise Housing inventory remains in short supply across South Florida with months supply of inventory averaging only 3.3 months for single family
Featured Events for March 2023 St. Patrick’s Day Parades and Festivals March 11th and 12th Check out our online events calendar for a South Florida St. Patrick’s Day parade or
Median Sales Price Up 7.8% over Last Year While sales volume was down significantly from January of last year, the median sales price of a single family home in Miami
2022 Was a Wild Ride for Waterfront Homes and Condos 2022 was an interesting year for real estate across the country and the waterfront markets here in Fort Lauderdale experienced
Featured Events for February 2023 Miami International Boat Show February 15th – 19th The Miami Boat Show will take place at the Miami Beach Convention Center, Pride Park, Herald Plaza,
30-Year Fixed Rate Approaches 6% Rates continue their downward trend with the 30-year fixed rate averaging 6.13% this week and the 15-year fixed rate averaging just 5.17%. This should help
Closed Sales Down 42%, Median Prices Up 3.9% in December There were only 2,619 single family home sales in South Florida (Miami, Fort Lauderdale and West Palm Beach) in December,
Copyright © 2022 By The Sea Realty – All rights reserved
Equal Housing Opportunity