Per, Team Willi Realtors, the Top Real Estate Team In South East Florida, “The Broward County real estate market is a complex one. Located in south Florida on the east coast of the peninsula, it’s home to thirty cities, approximately 2 million residents, all spanning across about 1,320 square miles.
The Broward County real estate market is made up of various types of housing. These include single-family homes, townhouses, condos, villas, and more. Floor plans range from the modest one bedroom, one bath, to five or more beds, with five or more baths. Here, there are an entry, starter homes, and luxury homes, along with luxury estates.
More about the Broward County Real Estate Market
The Broward County real estate market is also home to Fort Lauderdale, Deerfield Beach, Pembroke Pines, Pompano Beach, Coral Springs, Sunshine Acres, and more.
In recent years, the Broward County real estate market has experienced several transitions. Just last year, there was a real shortage of available housing listings. Which of course, drove prices up. The Broward County median home value sits at about $249,000, with a median listing price per square foot of $187. (That’s actually lower than nearby Miami Dade. Or, the Miami-Fort Lauderdale metro area of $214.
The median listing price in Broward County hovers at around $299,000, with the median selling price at $252,000. But, there are certainly homes which lay outside those figures, priced less expensively and of course, houses priced much higher.
People come to live in Broward County because of its many employment opportunities. It’s a rich mix of metropolitan, suburban, and rural communities. What’s more, it’s very attractive because the cost of living is lower than in other parts of the country, particularly the big cities in the northeast and those out on the west coast.
Furthermore, there is no state income tax. Which means residents keep a whole lot more of what they earn. And, it’s a very business-friendly state. Additionally, it boasts a beautiful climate. Super mild winters, gorgeous spring and fall seasons, and balmy but breezy summers.
What’s more, there’s something for everyone and it’s possible to recreate outdoors just about every day of the year. Take a weekend trip down to the Keys, boat, fish, kayak, sightsee, or spend a day at the beach. There are plenty of entertainment options, complete with casual come as you are dining options up to white cloth, fine dining experiences. Even better, there is no shortage of entertainment, both outdoors and indoors. See a concert, enjoy a museum, or explore the Evergla