Florida Real Estate and Community News by MMD Realty

 

Sales took a dive across Palm Beach, Miami-Dade and Broward counties in August dipping down to 2011 levels on the heels of the spring/summer rebound from the winter sales slump. It looks as though the market is slowing again going into September with more price corrections expected across the board as 2016 comes to a close.

August Home Sales Across Palm Beach, Broward, and Miami-Dade

In Palm Beach County, sales fell to 4100, which is below 2011’s total sales for the month of August. It’s the slowest single-family and condo homes sales month we’ve seen in years. Miami-Dade also fell below 2011 at 5546 in total homes sales. Broward managed to stay above 2011’s slump at 5292 total sales. August is turning out to be the weakest month for real

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