Home > Sea Ranch Lakes Real Estate Market
Winter 2020 Market Update
Average Sold Home Price: $300,000

Average Time on Market: 60-90 days

Best Selling Price Range: $300,000 - $349,000

Existing Home Prices for the past 90 days: Increasing

Market Trend: Decreasing

Buyer's or Seller's Market: More sellers than buyers

Buyer Activity for the past 90 days: Increasing

Seller Activity for the past 90 days: Decreasing

Multiple Offers? Yes

Multiple Offers Commentary: If the home is priced correctly in the beginning this number is typically higher

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 5-10%

Is Financing Available For Qualified Buyers? Yes

Comments on Financing For Qualified Buyers: Amount of inventory is going to seasonal low until November/December when there is another uptick in demand but still too low inventory, which causes price increases. Seasonal demand high is from about april till august

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Job Growth

Nearest Metro Area: Fort Lauderdale

Housing Hot Spots: Coral Ridge Country Club, Imperial Point, Coral Ridge Isles

Contact Information
Jhaun Pryce
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Mortgage Rates for Feb 26th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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Real Estate Professional, Jhaun Pryce Jhaun Pryce
Keller Williams Realty
Specializing in Sea Ranch Lakes Real Estate
3696 N. Federal Hwy. - Suite 101
Fort Lauderdale, Florida 33308
Email Me | Receive New Listings by Email
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(Because current market conditions can change rapidly in any given marketplace,
please check with Jhaun Pryce for current Sea Ranch Lakes, FL market conditions before acting on this information.)
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