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Winter 2012 Market Update
Please visit my site at www.browardrealestateteam.com to learn all about buying and selling short sale property in Broward County!
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| Average Home Price | $300,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $250,000 - $299,000 |
| Worst Selling Price Range | $450,000 - $499,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Decreasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Davie is | Increasing |
| Seller Activity for the past 90 days in Davie is? | Decreasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | My experience over the past few months is that homes that are priced right for the market and are well cared for with some upgrades are going quickly and with at least one other offer. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 45-50% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Davie! |
| Nearest Metro Area | Fort Lauderdale |
| Housing Hot Spots | Shenandoah, Forest Ridge, The Ridge on Nob Hill, West Ridge, Long Lake Estates, Long Lake Ranches, Imagination Farms. Riverstone, Northstar, Emerald Isles, Emerald Springs, Kapok Estates, Stonebridge, New Providence East, Vista Filare, Blackhawk Reserve, Davie Oaks, Davie Acres, Davie acre homes, South Eastern Nova University, Rolling Hills, Arrowhead, Pine Island Ridge, Whitehall, Sabal Palm, Poinciana Parc, Royal Palm |
| Average Sold Price | $300,000 - View Graph Trend |
Davie Local News
News for Davie, FL - October 11th, 2011 11:49am
Good News for Davie Florida homeonwers! Davie Real Estate had an average price increast of 5% in the first half of 2011. Interest rates are near record low. Now is the time to get your home on the market or to purchase your new home! Call a top producing Davie realtor today! Teri Arbogast sells Davie Florida homes.
News for Davie, FL - Sunday June 14th, 2009 10:17am
My last 4 listings in Davie all sold within 2 weeks and all had more than one offer! I was lucky enough to get listing with realistic sellers who kept lovely homes and did moderate upgrades. (2 with new kitchens) One of my listings in Poinciana Parc sold the first day it hit the market. Pricing is the key to selling in this market..there are plenty of buyers.
Contact Information
Teri Arbogast and Her Team
954-242-8030
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– Feb 13th, 2012 –
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30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Teri Arbogast and Her Team
Keller Williams Realty
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 954-242-8030
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