South Florida’s housing market may not be as frenzied as it was a few years ago, but the February figures show that sellers are still winning the price fight.
Median prices for existing, single-family homes increased last month in Palm Beach, Broward and Miami-Dade counties, nudged higher by a shortage of homes for sale that limits the leverage of buyers.
Palm Beach County’s median price was $315,000, up 7 percent from February 2016, the Realtors Association of the Palm Beaches said Wednesday. Broward’s median inched up 1 percent to $302,500, according to the Greater Fort Lauderdale Realtors.
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South Florida’s housing market may not be as frenzied as it was a few years ago, but the February figures show that sellers are still winning the price fight.
Median prices for existing, single-family homes increased last month in Palm Beach, Broward and Miami-Dade counties, nudged higher by a shortage of homes for sale that limits the leverage of buyers.
Palm Beach County’s median price was $315,000, up 7 percent from February 2016, the Realtors Association of the Palm Beaches said Wednesday. Broward’s median inched up 1 percent to $302,500, according to the Greater Fort Lauderdale Realtors.
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http://www.sun-sentinel.com/real-estate/fl-bz-home-sales-february-20170322-story.html
