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Saturday, November 23, 2024

Broward County home prices rose in May 2024 compared to May 2023

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In May, the median sale price of a home in Broward County rose by $53,500 from the same period in the previous year, while total sales decreased by 9.2%, according to BlockShopper.com.

Data shows that there were 3,068 homes sold in May, with a median sale price of $415,000 - a 14.8% increase over the $361,500 median sale price for the same period of the previous year. There were 3,378 homes sold in Broward County in May 2023.

The following histogram displays changes in median sales prices in Broward County from May 2023 to May 2024.

May 2023June 2023July 2023August 2023September 2023October 2023November 2023December 2023January 2024February 2024March 2024April 2024May 2024$361,500$361,500$384,450$384,450$377,500$377,500$380,000$380,000$385,000$385,000$373,000$373,000$378,250$378,250$375,000$375,000$376,000$376,000$376,500$376,500$405,000$405,000$400,000$400,000$415,000$415,000

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