Wednesday, September 19, 2012
Single Famil y Houses in Broward up 12.5% in a year.
The median sales price of a single-family home in Broward County rose 12.5 percent in August compared to the same period in 2011, according to a report from Greater Fort Lauderdale Realtors. The median price rose to $214,950 from $191,000 in August 2011, although the number dropped by $50 compared to July 2012. Broward’s townhome and condominium market saw a 7.6 percent year-over-year increase in August. Single-family inventory in the county fell by 51 percent in August, with a 44.1 percent drop for condos and townhomes.