Welcome to a normal condo market. Oceanfront condo inventory peaked at about 16 months last Spring, and has slowly been absorbed to our current level of 11.2 months of supply.

2 years ago we had less than 6 months of oceanfront condo inventory in Northeast Broward County. We now have 13 months of supply and arguably a strong buyer’s market.

Median sale prices for oceanfront condos are mixed across the markets, but overall median sale prices are up 6% since last year in NE Broward County.