2016 Q3 Reports Browards homes

Page 1

BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS

SINGLE-FAMILY HOME MARKET 2016 Q3

WATERFRONT HOMES

M A R K E T U P D AT E

Q3 2015

Q3 2016

% CHANGE

396

359

-9%

AVERAGE SALES PRICE

$801,770

$830,339

4%

AVERAGE LIVING AREA

3,054 SF

3,056 SF

0%

$263

$272

3%

81

157

93%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q3 2015

Q3 2016

% CHANGE

719

694

-3%

AVERAGE SALES PRICE

$464,100

$475,254

2%

AVERAGE LIVING AREA

2,436 SF

2,371 SF

-3%

$191

$200

5%

71

87

23%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

Pictured: 28 Minnetonka Road, Sea Ranch Lakes

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed.


BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS

SINGLE-FAMILY HOME LUXURY SEGMENT The top 50% of each market by Average Home Price

2016 Q3

WATERFRONT HOMES

M A R K E T U P D AT E

Q3 2015

Q3 2016

% CHANGE

198

179

-10%

AVERAGE SALES PRICE

$1,221,493

$1,310,008

7%

AVERAGE LIVING AREA

3,872 SF

4,011 SF

4%

$315

$327

4%

112

176

57%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

NON-WATERFRONT HOMES

Q3 2015

Q3 2016

% CHANGE

359

346

-4%

AVERAGE SALES PRICE

$647,849

$665,107

3%

AVERAGE LIVING AREA

3,045 SF

3,002 SF

-1%

$213

$222

4%

83

102

23%

# OF TRANSACTIONS

AVERAGE PRICE/SF AVERAGE D.O.M.

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

Pictured: 615 Lido Drive, Fort Lauderdale

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed.


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