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South Florida Real Estate in July: Sales Up 22% YoY, Inventory Down 46% YoY

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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.

Tuesday: New Home Sales, Richmond Fed Mfg

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