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Central Broward News

Thursday, November 21, 2024

Broward County home prices rose in 2022

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The median sale price of a home sold in 2022 in Broward County rose by $35,000 while total sales decreased by 16.6%.

From January through December of 2022, there were 43,414 homes sold, with a median sale price of $340,000 - an 11.5% increase over the $305,000 median sale price for the same period of the previous year. There were 52,056 homes sold in Broward County in 2021.

The median sales tax in Broward County for the most recent year with available data, 2017, was $2,670 approximately 0.8% of the median home sale price for 2022.

The following histogram displays changes in median sales prices in Broward County from January 2021 to December 2022.

20212022$305000$305000$340000$340000

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