January 2025 Broward County Single Family Homes Real Estate Market Update
January 2025 Broward County Single Family Homes Real Estate Market Update
By Scott Lehr – The Listing Team at RESF
📢 Broward County Real Estate Market – What You Need to Know!
As we enter January 2025, the Broward County single-family home market continues to show strong trends. Whether you are a buyer, seller, or investor, staying updated on real estate market trends is critical for making informed decisions.
In this report, I’ll break down the latest home prices, market trends, and inventory levels, and what they mean for you. Let’s dive in!
📈 Broward County Housing Market Snapshot – January 2025
The Broward County real estate market remains a seller’s market, meaning demand for homes is still high. However, we are seeing inventory levels increase, which could lead to more balance in the market.
Key Market Stats (January 2025):
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Median List Price: $738,500 (⬆ 0.5% month-over-month)
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Median Sold Price: $640,000 (⬆ 4.07% month-over-month)
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Median Days on Market: 43 Days (⬆ 10.26% month-over-month)
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Months of Inventory: 4.71 (⬆ 5.61% month-over-month, indicating more homes available)
👉 Find Out Your Home’s Value Instantly!
🏡 Is It a Good Time to Sell in Broward County?
If you’ve been thinking about selling your home in Broward County, now is still a great time! Here’s why:
1️⃣ Home prices are at record highs – The median estimated property value is $630,760, up 3.4% from last year.
2️⃣ Sellers are still in control – Despite increasing inventory, buyers are paying 95.9% of the list price, showing strong demand.
3️⃣ Interest rates remain a key factor – Buyers are still actively searching before potential mortgage rate hikes.
👉 List Your Home With The Listing Team!
💰 Home Values in Broward County – Will They Keep Rising?
Property values in Broward County continue to appreciate, but the rate of growth is slowing.
📊 Broward County Property Value Trends:
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Current Median Estimated Value: $630,760
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12-Month Appreciation: +3.4%
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1-Month Change: +0.1% (Slower growth compared to previous months.)
🔹 Thinking of selling? Now might be the best time before appreciation slows further.
🔹 Buying a home in South Florida? More inventory is becoming available, meaning better deals may be on the horizon.
👉 Browse Available Homes for Sale in Broward County
📊 Broward County Housing Inventory – Are More Homes Available?
One of the biggest shifts in January 2025 is the increase in housing inventory.
📌 Current Supply: 4.71 months (⬆ 5.6% month-over-month, ⬆ 20.5% year-over-year!)
💡 What this means for you:
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Sellers: More competition means pricing your home correctly is crucial.
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Buyers: More choices, but demand remains strong, so act fast!
👉 Speak to a Local Real Estate Expert Today!
🚀 Is Now a Good Time to Buy a Home in Broward County?
✅ Yes, if…
✔️ You want to secure a home before mortgage rates rise further.
✔️ You want more options, as inventory is rising.
✔️ You’re looking for a long-term investment—Broward County home values continue to appreciate.
🔹 Median Pending Sale Price: $649,000 (⬆ 1.4% this month)
🔹 Median Sold Price: $590,000 (⬇ 0.7% month-over-month, meaning better deals!)
👉 Find Your Dream Home in Broward County
🎯 Final Thoughts – What’s Next for Broward County Real Estate?
With rising inventory, steady demand, and continued appreciation, the Broward County real estate market is still hot. However, buyers now have more negotiating power, and sellers must be strategic in pricing.
💡 Whether you’re buying or selling, having the right real estate agent makes all the difference.
📞 Let’s Connect – Work With an Expert!
If you’re thinking about buying, selling, or investing in South Florida, let’s talk! As a top-producing South Florida realtor, I specialize in helping homeowners maximize their sales price and finding buyers the best deals on the market.
📞 Call/Text Me: (786) 977-8542
📍 Visit My Website: www.reallistingagent.com
📧 Email: Contact Me Here
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