Broward County pending sales up 53 percent

The total number of listings that pended in Broward County during February jumped 53 percent, according to data from the Miami Association of Realtors. There were a total of 3,902 single-family homes and condominiums that pended last month, up from 2,555 such properties in February 2011. “February pending home sales in Broward County point to strong future sales activity,” said Rick Burch, president of the Broward Council of the Miami Association of Realtors. “Pending sales continue to rise, reflecting strong demand for both single-family homes and condominiums countywide.” Pending home sales activity continues to mirror closed home sales activity, according to Ernesto Vega, president-elect of the Broward Council. — Alexander Britell