Florida Inv | Jean Deglon
South Florida home sellers still in control as prices rise in February

South Florida home sellers still in control as prices rise in February

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 home sellers still in control as prices rise in February  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.  Read more …  http://www.sun-sentinel.com/real-estate/fl-bz-home-sales-february-20170322-story.html

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.
Read more …
http://www.sun-sentinel.com/real-estate/fl-bz-home-sales-february-20170322-story.html


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