October 2022: Local Market Update

October 18, 20221 min read

OCTOBER 2022: LOCAL MARKET UPDATE

Are you feeling absolutely confused and overwhelmed by the amount of options and situations that are presenting themselves in today's real estate local market? Do you know what the future holds for South Florida?

Here's a sneak peak of what experts are saying about our local market In the first place we must know the current inventory, if we have an available inventory of 6 months or less, it means that we are in a seller's market but, on the contrary, if the offer is too much and there is little demand, it is a buyer's market. Let's take a look at the current situation in South Florida, currently at the time of this video we have 989 active homes for sale on the market and the average time to sale has been 33 days with an average final price of $849,000.

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