South Florida Housing Market Update [March 2024]
Posted by Andy Mandel on
Hey, it's Andy with the Mandel Team and I'm here to bring you your March 2024 South Florida Housing Market Update.
As always, for the purposes of these videos, we're going to be talking about single family homes only in Boca Raton, Parkland, and Coral Springs. Those are the areas where our team does the predominant amount of our business. And when we talk about single family homes, we're talking about all ages, no country clubs. So no townhouses, no condos, no 55 and over communities, and no country clubs.
It's been a little bit since we've done one of these videos, so I just wanted to recap what happened in 2023 and where we think the market's going to go in 2024.
In 2023 prices were up 5%, on average, compared to 2022. That is a major…
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