Marina Alter, Listing Office: Champagne & Parisi Real Estate
Broward County Housing Market Report December 2024•Broward County, Florida
Housing Prices in Broward County, FL
How much do homes in Broward County, FL cost?
Housing Market Conditions
Is Broward County, FL a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Broward County is a Buyer's Market
Difference Since December 2023
At the same time last year, Broward County was a Seller's Market.
Broward County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Broward County have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Broward County was $450,020 in December 2024, up 7.5% from last year, and the median price per square foot was $309.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Palm Beach County | $461.1K | $500.4K | +8.5% |
Miami-Dade County | $515.6K | $555.3K | +7.7% |
Broward County | $418.7K | $450K | +7.5% |
Collier County | $633.2K | $649.1K | +2.5% |
Hendry County | $311.6K | $303.5K | -2.6% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $175K | $178.3K | +1.9% |
22 Bedrooms | $289.9K | $295.3K | +1.9% |
33 Bedrooms | $483.4K | $514.9K | +6.5% |
44 Bedrooms | $668.3K | $708.4K | +6.0% |
55+ Bedrooms | $1.0M | $1.1M | +6.2% |
Summary: Broward County housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +1.9%. The home price for 2 bedroom homes increased by +1.9%. The home price for 3 bedroom homes increased by +6.5%. The home price for 4 bedroom homes increased by +6.0%. The home price for 5 bedroom homes increased by +6.2%.
Housing supply in Broward County, FL
How many homes are available in Broward County, FL?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
10,669Last MonthDec 2024 | ||
9,9312 months agoNov 2024 | +7.4 % Change MoMNov – Dec |
Summary: The Broward County real estate market had 10,669 homes for sale in Dec 2024, a 7.4 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
887Last MonthDec 2024 | ||
9252 months agoNov 2024 | -4.1 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1,567 | 1,747 | +11.5% |
22 Bedrooms | 3,880 | 4,238 | +9.2% |
33 Bedrooms | 2,590 | 2,721 | +5.1% |
44 Bedrooms | 1,227 | 1,251 | +2.0% |
55+ Bedrooms | 667 | 712 | +6.7% |
Summary: Broward County housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +11.5%. The inventory for 2 bedroom homes increased by +9.2%. The inventory for 3 bedroom homes increased by +5.1%. The inventory for 4 bedroom homes increased by +2.0%. The inventory for 5 bedroom homes increased by +6.7%.
Asking Price vs. Sold Price
How much do homes in Broward County, FL cost?
Over Asking Price96 Homes
At Asking Price127 Homes
Under Asking Price664 Homes
If you're buying a home in Broward County, you may be able to get a good deal. 74.9% of homes here sold below asking price last month.
Summary: A total of 887 homes were sold or pending in Broward County in December 2024, down by 4.1% month-over-month. Of the 887 sold homes, 75% were sold under asking, 14% were sold at asking, and and 11% were sold over asking.
Days on Market for Broward County, FL
How long does it take to sell a home in Broward County, FL?
Breakdown of Home Sale Times
Under 30 Days323 Homes
30 – 90 Days327 Homes
Over 90 Days237 Homes
Avg time on Rocket Homes in Broward County has remained consistent over time.
Summary: During December 2024, 887 homes were sold in Broward County; 36% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
66 DaysThis YearDec 2024 | ||
46 Days1 year agoDec 2023 | +43.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Broward County had an average listing age of 66 days in Dec 2024, up by 43.0% compared to the previous year.
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Newest Listings in Broward County, FL
What homes are available in Broward County, FL?
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MLS Disclaimers and Copyright
Based on information from Miami MLS, Beaches MLS, Stellar MLS, Space Coast MLS, and Heartland Association of REALTORS® MLS for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:19:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 10:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.