Archive for the 'Hallandale Beach' Category
Hallandale Beach, FL 33009 – Condominiums & Townhomes
There are currently 1,142 condominiums listed for sale in the 33009 zip code.
- Highest priced listing: $2,000,000 (4 BR 4.5 BA in The Beach Club)
- Lowest priced listing: $34,000 (1 BR 1 BA in Parkside Manor)
- Pending sales: 160
- Closed sales in the past 30 days: 46
- Highest sale price: $720,000 short sale (3 BR 3.5 BA in The Beach Club)
- Lowest sale price: $41,000 foreclosure (1 BR 1 BA in Strand Plaza Condo)
Now take a look at the market by quartiles. Each quartile is 25% of the homes.
In the quartile market segments, we see prices in this zip code have settled at a price plateau across the board. Prices in all four quartiles are basically mixed. Look for a persistent shift (up or down) in the Market Action Index (MAI) before prices move from these current levels. The 90-day MAI is at 13 which strongly indicates a Buyer’s market. Inventories have been falling in recent weeks, but note that declining inventory alone does not signal a strengthening market. Look to the MAI and Days on Market trends to gauge whether buyer interest is changing with the available supply.
For more information contact me at (305) 329-4929 or [email protected]
Discussion: No Comments »|