The Real Deal Miami

Home sales, prices down in Dade, Broward

July 24, 2008 03:56PM

The number of existing single-family homes sold decreased in June compared to last year in both Miami-Dade and Broward, according to a report from the Florida Association of Realtors; median price also fell in both counties over this period. Home sales fell 6 percent in Dade County, while the median price there was down 21 percent to $293,200, the report said. Condo sales there were up 6 percent from last year, with the median price remaining flat at $275,600. Sales of existing single-family homes were down 5 percent in Broward, compared to last year, while the median price dropped 20 percent to $305,400. Broward condos dropped 20 percent to a median price of $156,200, with sales down 1 percent.