September 10th ,2022
Are we getting ready to say goodbye to hot summer?
or we are saying goodbye to a hot seller 's market .
In a few months, our local and national markets have been changing right in front of our eyes, as we transitioned into a more buyer's friendly market.
Let' s check some numbers.
If we see current inventory: at 4,178 Houses Active for sale in the entire County of Broward for HOUSES only , and we compare this number to the active number of houses back active for sale in 2019: 6,668 we are not back into Pre pandemic status... but moving forward to it..
August Hot Sheet Statistics
We are still waiting all the August Stats directly from MLS, but I pulled the numbers from my "hot sheet" statistics. Here are my findings.
First What's a hot sheet?
Is a Report that displays recent activity from the MLS system showing new listings, pending sales, cancelled listings, price changes, and sold activity. It gives us real time data.
I took a look at the Hot Sheet Stats for the month of August 2022, for Single family homes only.
I narrowed in on the NEW listing stats , which includes all the NEW listings that entered the MLS between August 1, 2022 through August 31, 2022 in Broward County.
See complete report below
September 2022:
As of September 10th we have a total of 4178 active listings on MLS , this number includes 524 NEW listings during these first 10 days of the month.
What else happened during these first 10 days of September 2022?
327 Houses went Pending / Under Contract
226 Houses Closed:)