From Past to Present: A Closer Look at Broward County's Home Sales
Homes Sales DOWN 22%
What do you feel when you see the above graphic about homes closed year over year?
According to the Florida Realtors Stats
Broward County had 14,438 Closed sales in 2022
Compared to 18,565 in 2021.
Now, let's compared that graphic and those numbers with the graphic below that shows us the last 14 years of homes sold.
Many times when we compare current circumstances to unsual times, it may seem like things are catastrophic... while when we consider the bigger picture we can see that historically, Broward County, FL has averaged around 15,785 home sales.
Interest rates and less inventory lead to less closings
Currently the active inventory for single family homes in Broward County as per mls
is less that 2,700 houses for sale.
SunStats Chart Builder Data Export
Data Source: Florida Realtors Research Department
Geographic Area: Broward County
Metric: Closed Sales
Property Type: Single-Family Homes
Price Tier: All Price Tiers
Sale Type: All Sale Types
Frequency: Annual
Date Closed Sales
2008 8,516
2009 12,640
2010 12,316
2011 12,827
2012 14,109
2013 14,984
2014 15,160
2015 16,874
2016 17,170
2017 15,740
2018 15,639
2019 15,979
2020 16,035
2021 18,565
2022 14,438
Total: 220,992 divided by 14 years =
average # of sales 15,785.
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