by Calculated Risk on 8/24/2021 07:54:00 AM
Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
For the South Florida area:
Closed sales (house and condos) in July 2021 were 11,792, up 21.8% from 9,685 in July 2020.
Active Listings in July 2021 were 23,724, down 45.6% from 43,586 in July 2020.
Inventory in July was down 7.4% from last month and was at a record low.