South Florida Houses Take Longer Than Anywhere Else in the Country to Sell

Houses in Palm Beach, Broward and Miami-Dade counties take 156 days to sell on average, longer than anywhere else in the country.

That's according to a report released this week on July sales by two national real estate firms.

Inundated with homes for sale, the tri-county region has topped the survey results since Altos Research and Real IQ started it last September.

South Florida's days-on-market barometer has increased to 154 in June from 152 in May, even though the number of houses for sale has declined slightly over the same period. There were 48,362 for sale in July, down from 48,662 in June and 48,949 in May.

Austin, Texas, was the easiest place to sell, at 78 days. Sellers in greater San Francisco needed 79 days. The report does not measure sales of condominiums.

Posted by Jason Donn on 08/08/2008 11:42 AM

Comments (0)

florida, real estate, real estate open networkers, broward county real estate

This post has been included in Florida Information
Post is included in group: Realtors®
Post is included in group: REO
Post is included in group: Dedicated Bloggers

0 Comments on South Florida Houses Take Longer Than Anywhere Else in the Country to Sell

Leave a response…

Name:

Notify me of new comments:

Comment:

What does the graphic say?

Real Estate - Other: Jason Donn (GMAC Real Estate)

Jason Donn
Fort Lauderdale, FL
More about me…
GMAC Real Estate

Office Phone: (954) 892-6244
Cell Phone: (772) 341-3121
Email Me

Links

Archives

Find FL real estate agents and Fort Lauderdale real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved