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Broward County Home Prices Up 7%

 

 

 

 

 

 

 

You read it correctly.  The median price of homes and condos in Broward county rose 7% in January compared to the same time last year and that is according to the same time period last year.

Single family homes jumped 15% and condos fell 16% in the same period.  “The Broward County housing market is experiencing consistent strengthening and price appreciation as a result of robust demand and diminishing supply,” said Rick Burch, president of the Broward County Board of Governors of the Miami Association of Realtors. “Despite a significant percentage of distressed sales, prices continue to rise.”

Featured Listing Of The Week

This week’s featured property comes from Don Rathbun of Realty Associates Florida Properties, Inc in Boca Raton, FL

EXCEPTIONALLY CHARMING LIGHT AND BRIGHT CUSTOM BUILT HOME OF QUALITY. PVT COURTYARD POOL. DINING RM W/BARREL VAULT CEILING. KITCHEN OPEN TO FAMILY ROOM FEATURING WINE CAVE & 10FT COFFERED CEILING. GREAT MASTER SUITE W/HUGE CLOSETS & BREAKFAST BAR.CONVENIENTLY LOCATED NEAR QUAINT DOWNTOWN DELRAY AND THE BEACH. THIS INTRACOASTAL WATERWAY COMMUNITY FEATURES TWO HEATED POOLS, TENNIS COURTS AND CLUBHOUSE WITH DECK OVERLOOKING WATER. PRIVATE DOCKS ARE USUALLY AVAILABLE FOR RENT FOR BOATS FROM 17′ TO 50′. QUIET AND FRIENDLY, THE COMMUNITY FEATURES SOCIAL ACTIVITIES OPEN TO RESIDENTS AND THEIR GUESTS.

Featured Listing Of The Week

This week’s featured property comes from Brian Hero of Sotheby’s Realty in Fort Lauderdale, FL

Island House, one of Rio Vista’s finest estate homes on 90′ of deep water with a desirable southern exposure and located directly next to a $9 million dollar estate. Spectacular and unique British West Indies style estate home was custom built in 2005 to the highest standards. Features include spectacular 500 gallon salt water reef tank, salt water pool and spa, lust tropical landscaping with uplighting, expansive indoor and outdoor living areas, gym, home office, spectacular game room, 3 car garage and much more. 90′ concrete dock with power will accommodate up to a 70′ yacht. Over $300,000 in custom upgrades, including a sophisticated full house surround sound system. Located in one of east Fort Lauderdale’s finest neighborhoods and just minutes to Las Olas, downtown, all major roads and airport. Truly a one of a kind property and easy to see.

 

Featured Listing Of The Week

This week’s featured property comes from Tim Singer of Coldwell Banker in Fort Lauderdale, FL.

In the heart of Colee Hammock a short stroll to Las Olas and steps to the water. 3BR/3.5BA has 4000+sq ft of quality contemporary living spaces. This incredible home offers 2 master suites, 2 ground floor bedroom suites + private 3rd floor master that includes: laundry,den-sitting area and a huge covered porch. Public areas are located mid-floor with both a living and family room, formal dining room, 2 covered porches and a Euro-design cooking center. Dramatic courtyard entry w/spa-pool and glass fountain

 

 

Featured Listing Of The Week

This week’s featured property comes from Bobbi Mechler of The Mechler Group with RE/MAX ParkCreek in Coconut Creek, FL.  Bobbi specializes in the Parkland area.

Situated on a private cul-de-sac, this 4 bedroom /3 bath, well maintained home is exquisitely appointed. Marble-look porcelain tile floors in foyer, LR, DR, kitchen & breakfast room; hardwood look in bedrooms & FR; remodeled kitchen with maplewood cabinets, granite & stainless steel; stunning DR with private courtyard; spacious Master Bath w/whirlpool tub, separate shower & privacy door for bidet & commode; circular drive & full house accordion shutters.  Enjoy your own tropical paradise. free-form pool, private preserve w/path, etc!  Asking $550,000