South Florida’s pending sales are declining

South Florida housing inventory (Credit: Condo Vultures)
South Florida housing inventory (Credit: Condo Vultures)

Active listings for housing inventory in the South Florida region increased last week to 43,196, according to weekly data from Condo Vultures.

For the seven-day period ending Monday, pending sales dipped from 19,580 to 19,064 week-over-week. Over the past four weeks, pending sales declined by 1,009.

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South Florida — including Broward, Miami-Dade and Palm Beach counties — saw 42,882 active listings during the week ending Oct. 6. — Eric Kalis