Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 53

New Listings Real Estate Inventory Sellers 53

Lamacchia Realty

OCTOBER 20, 2023

September 2023 south florida housing report Broward County In September of 2023, Broward County single-family homes saw decreases in new listings and pending sales but increases in closed sales and average price. increase in new listings compared to September 2022. What does this mean for Sellers ?

New Listings 56

New Listings Real Estate Sellers Inventory 56

Lamacchia Realty

JANUARY 25, 2023

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2022 compared to December 2021.

New Listings 48

New Listings Realty Realtors Sellers 48

Lamacchia Realty

APRIL 24, 2023

march 2023 south florida housing report March Highlights SOUTH FLORIDA Broward County In March of 2023, Broward County single-family and condo/townhome average price, closed sales, new listings, and pending sales all decreased. Instant Home Evaluation See immediately how this market is impacting your home value.

New Listings 48

New Listings Real Estate Realty Home Value 48

Lamacchia Realty

NOVEMBER 27, 2023

october 2023 south florida housing report Broward County In October of 2023, Broward County single-family homes saw a decrease in closed sales, but increases in new listings, pending sales, and average price. Condos/townhomes saw increases in average price and new listings but decreases in pending and closed sales.

New Listings 50

New Listings Sellers Real Estate Inventory 50

Lamacchia Realty

JANUARY 24, 2024

December 2023 south florida housing report Broward County In December of 2023, Broward County single-family homes saw no changes in the number of homes sold, increases in average price, and new listings, but a decrease in pending sales. New listings in all three counties for both single families and condos/townhomes increased as well.

New Listings 36

New Listings Sellers Real Estate Buyers 36

Lamacchia Realty

AUGUST 25, 2023

JULY 2023 south florida housing report July Highlights Mortgage rates and limited inventory continue to be the driving factors behind today’s real estate market data – specifically sticking out when looking at home sales and new listings which are both down across all counties and categories in South Florida.

New Listings 54

New Listings Inventory Real Estate Sellers 54

Lamacchia Realty

MARCH 24, 2023

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2023 compared to February 2022.

New Listings 41

New Listings Realty Realtors Sellers 41

Lamacchia Realty

MAY 22, 2023

april 2023 south florida housing report April Highlights SOUTH FLORIDA Broward County In April of 2023, Broward County single-family and condo/townhome closed sales, new listings, and pending sales decreased, with a slight increase in average price for condo/townhomes.

New Listings 44

New Listings Real Estate Realty Home Value 44

Lamacchia Realty

APRIL 27, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for March 2022 compared to March 2021. Seller Resources. Broward County. South Florida Inventory.

New Listings 55

New Listings Bracketing Inventory Realty 55

Lamacchia Realty

JANUARY 31, 2024

This is in spite of a decrease in new listings, and overall homes listed were at their lowest level since 2008 in South Florida. Buyer demand in this market specifically is strong, so the leveling of mortgage rates is excellent news for buyers battling with affordability concerns.

Inventory 59

Inventory Real Estate New Listings Realty 59

Lamacchia Realty

JANUARY 25, 2024

Sales in New Hampshire declined by 18.9% The drop in nearly 4,000 closings wasn’t just because buyers weren’t buying; they would, but many couldn’t because sellers weren’t selling. 2023 Sees the Lowest Number of Homes Listed in Twenty-Three Years Listings in 2023 experienced a substantial 15.1% Sales Decline by 18.9%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

MARCH 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for February 2022 compared to February 2021. Seller Resources. Miami-Dade & Palm Beach Counties.

New Listings 53

New Listings Inventory Realty Buyers 53

Lamacchia Realty

FEBRUARY 27, 2023

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2023 compared to January 2022.

New Listings 54

New Listings Buyers Realty Sellers 54

Lamacchia Realty

MARCH 28, 2023

New listings and pending sales are also down year over year as many sellers are hesitating to put their homes on the market, so less homes are being placed under contract and inevitably less homes are closing. Sellers, the sooner you put your home on the market, the more it will sell for !

New Listings 55

New Listings Sellers HOA Buyers 55

Lamacchia Realty

AUGUST 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for July 2022 compared to July 2021. Seller Resources. Average price increased in both property types.

New Listings 59

New Listings Inventory Buyers Realty 59

Lamacchia Realty

MAY 26, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for April 2022 compared to April 2021. Seller Resources. Miami-Dade & Palm Beach Counties.

New Listings 36

New Listings Bracketing Inventory Realty 36

Lamacchia Realty

JULY 27, 2023

Lamacchia Realty officially opened a branch office in Southington in December 2022! Not only have sales decreased, but the number of new listings in Southington has also decreased. For Connecticut overall, the number of listings hit an all-time low for the first half of the year.

Realty 54

Realty Inventory New Listings Buyers 54

Lamacchia Realty

JULY 27, 2023

In this 2023 Mid-Year in Review Housing Report, we are looking at Salem, New Hampshire in the first half of 2023 compared to the first half of 2022 to see how the market performed in the area. In February 2023, Lamacchia Realty officially opened a branch office in Salem ! Mid-Year Data Highlights Salem home sales decreased by 25.8%

Realty 52

Realty Inventory New Listings Real Estate 52

Lamacchia Realty

JANUARY 25, 2024

There were 71,149 homes listed on the market compared to 2022, which had 87,536. Sellers are sitting on their hands because although they may want to move, they’re hesitating to do so because they don’t want to trade in their pandemic-era rates. Therefore, we are in a market with the lowest amount of new listings since 1994.

Inventory 69

Inventory Sellers Contracts Buyers 69

Lamacchia Realty

SEPTEMBER 29, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2022 compared to August 2021. Seller Resources. Average price increased in both property types.

New Listings 41

New Listings Supply Chain Inventory Buyers 41

Lamacchia Realty

JANUARY 25, 2024

As interest rates strive to find equilibrium following their sharp decline in 2020, buyers and sellers have had to accept that the era of pandemic-induced low rates is over, ushering in a period of higher monthly mortgage payments. 2023 Sees the Lowest Number of Homes Listed in Thirteen Years In 2023, listings dropped 19.7%

Inventory 52

Inventory Sellers Buyers Contracts 52

Lamacchia Realty

JANUARY 25, 2024

As interest rates sought to stabilize following their sharp decline in 2020, both buyers and sellers had to acknowledge the end of the era of historically low pandemic-induced rates, and the beginning of higher monthly mortgage payments. 2023 Sees the Lowest Number of Homes Listed in Twenty-Three Years In 2023, there was a notable 19.5%

Inventory 57

Inventory Sellers Buyers Real Estate 57

Lamacchia Realty

SEPTEMBER 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for August 2021 compared to August 2020. Seller Resources. Miami-Dade & Palm Beach Counties.

New Listings 55

New Listings Real Estate Realty Buyers 55

Lamacchia Realty

JULY 25, 2023

In fact, the number of homes listed in the first half of the year is the lowest in recorded history, click here to learn more. Many potential sellers are hesitating to list their homes to avoid losing their 2-3% pandemic-era mortgage rate. downsizing, growing families, career changes, divorce , etc.).

Sellers 49

Sellers Buyers Real Estate Inventory 49

Lamacchia Realty

JANUARY 30, 2024

However, a significant portion of the decrease is also linked to the persistently low inventory levels due to a lack of sellers. 2023 Sees the Lowest Number of Homes Listed in Twenty-Two Years In 2023, there was an 12% decrease in listings compared to 2022, with 20,546 homes listed compared to 23,342 in the previous year.

Inventory 54

Inventory Sellers Buyers Contracts 54

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Sellers ? If you are planning to list your home this winter, make sure you are adequately prepping your home given the time of year and, most importantly, pricing your home competitively. However, the number of homes listed in Connecticut is up by 5.7%

Real Estate 57

Real Estate Sellers Home Value Buyers 57

Lamacchia Realty

DECEMBER 19, 2023

What does this mean for Sellers ? If you are planning to list your home this winter, make sure you are adequately prepping your home given the time of year and, most importantly, pricing your home competitively. However, the number of homes listed in New Hampshire is up by 7.3%

Real Estate 56

Real Estate Sellers Buyers Realtors 56

Lamacchia Realty

JANUARY 24, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for December 2021 compared to December 2020. Seller Resources. Broward County. What's Ahead? Read More ».

New Listings 49

New Listings Inventory Buyers Realty 49

Lamacchia Realty

JULY 18, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for June 2022 compared to June 2021. Seller Resources. Average price increased in both property types.

New Listings 36

New Listings Inventory Buyers Sellers 36

Lamacchia Realty

AUGUST 30, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for July 2021 compared to July 2020. Seller Resources. To be sure you never miss an update. Read More ».

New Listings 45

New Listings Buyers Realty Real Estate 45

Lamacchia Realty

JANUARY 30, 2024

The more difficult it is to sell a condo, the longer the property will sit on the market, and eventually sellers will have to lower the list price to appeal to more buyers. This hesitancy, spanning two years, has resulted in the lowest number of new listings since 2008. Again, condos have had a rougher go of it.

HOA 49

HOA Inventory Buyers Contracts 49

Lamacchia Realty

DECEMBER 27, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for November 2021 compared to? Seller Resources. November 2020. ?It Miami-Dade & Palm Beach Counties.

New Listings 41

New Listings Buyers Realty Inventory 41

Lamacchia Realty

OCTOBER 27, 2021

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for September 2021 compared to September 2020. Seller Resources. What's Ahead? Read More ». April 8, 2021.

New Listings 52

New Listings Realty Inventory Buyers 52

Lamacchia Realty

FEBRUARY 25, 2022

The Lamacchia Realty South Florida Housing Report presents overall home sale statistics and highlights the average sale prices for single families, condominiums/townhomes in Broward County, Miami-Dade County, and Palm Beach County for January 2022 compared to January 2021. Seller Resources. Broward County. What's Ahead? April 8, 2021.

New Listings 41

New Listings Inventory Realty Buyers 41

Lamacchia Realty

JULY 26, 2023

Sales are down now due to major mortgage rate increases crushing buyer affordability, and sellers hesitating to list their homes because they don’t want to lose their low pandemic era rates. Listings are the lowest they have been in recorded history, click here to read our recent report (or see below in our Listings section).

Sellers 57

Sellers Inventory Buyers Contracts 57

Lamacchia Realty

JULY 26, 2023

Although Lamacchia has been assisting buyers and sellers in Connecticut for years, we officially opened our first branch office in Southington, CT in late 2022. Many sellers are hesitating to put their homes on the market, therefore, the number of new listings is down year over year.

Inventory 50

Inventory Sellers Buyers Real Estate 50