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South Florida had sharpest drop in home sales statewide in 2017, condo sales also down

South Florida had sharpest drop in home sales statewide in 2017, condo sales also down

The sales volume of existing single-family homes fell faster in South Florida in 2017 than in any other region of the state, according to the Florida Realtors.

The news wasn’t much better for the tri-county area’s condo market. South Florida was one of only three regions in the state that had fewer condo/townhouse sales in 2017 than the year before.

The silver lining: the dollar volume of home sales was up in all three counties.

There were 45,740 sales of single-family homes in South Florida,…

Source: http://feeds.bizjournals.com/industry_21

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