Published by Peter Zalewski
4/15/2024 
9:53:18 PM 
The Pompano Beach market is defined for this report as Northeast 24th Street south to Commercial Boulevard, and the Atlantic Ocean west to Federal Highway. (Photo courtesy of PompanoBeachFL.gov)
The Pompano Beach condo market is in a buyers market with nearly 16 months of supply currently listed for resale in the final month of the South Florida Winter Buying Season, according to an analysis of statistics compiled by CondoVulturesRealty.com.
The Pompano Beach market is defined for this report as Northeast 24th Street south to Commercial Boulevard, and the Atlantic Ocean west to Federal Highway.
In the 12 months of 2023, buyers purchased an average of nearly four luxury units per month for a total of about 46 units between January and December.
Based on the current active listings in the Multiple Listing Service – a database used by Realtors to market condos – the Pompano Beach area is in a buyers market with a supply of more than 60 luxury units available for purchase.
We have crunched the statistics for the Year 2023 and plan on publishing a series of reports during this week on CondoVultures.com looking at the winners and losers in the Pompano Beach market in Northeast Broward County.
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This information is believed to be accurate and complete but cannot be guaranteed or warranted. For more information, please call 305.865.5859 or visit CondoVulturesRealty.com
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Condo Market Inventory Tracker
A Snapshot Of Tricounty South Florida Region Of Miami-Dade, Broward And Palm Beach
| Databases | Active Listings | Months Of Supply |
|---|---|---|
| Condos | 24,016 | 10.2 |
| Luxury Condos | 3,740 | 15.1 |
| Shortsales | 30 | 15.0 |
| REOs | 126 | 6.6 |
| Rentals | 21,476 | 3.9 |
Peter Zalewski is a licensed real estate broker and consultant focused on the South Florida condo market. Zalewski is a former special contributor to the Miami Herald and a former real estate columnist for The Real Deal magazine. Zalewski now hosts the Miami Real Estate Investing Podcast that is available in audio and video wherever you get your podcasts.
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