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Thursday, November 7, 2024

Broward County home prices rose in May 2023 compared to May 2022

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In May 2023, the median sale price of a home in Broward County rose by $16,500 from the same period in the previous year, while total sales decreased by 22.3%, according to BlockShopper.com.

Data shows that there were 3,377 homes sold in May 2023, with a median sale price of $361,500 - a 4.8% increase over the $345,000 median sale price for the same period of the previous year. There were 4,347 homes sold in Broward County in May 2022.

The following histogram displays changes in median sales prices in Broward County from May 2022 to May 2023.

May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023$345,000$345,000$352,500$352,500$360,000$360,000$350,000$350,000$350,500$350,500$350,000$350,000$330,000$330,000$343,250$343,250$335,000$335,000$350,000$350,000$350,000$350,000$360,750$360,750$361,500$361,500

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