2020 Real Estate Year in Review – Southwest Ranches, FL
Southwest Ranches Real Estate Report 2020. Here’s what’s been happening in the Southwest Ranches Real Estate market in 2020.
SW Ranches has seen an uptick in sales and average sale prices in 2020 over 2019. The average sales price of homes sold was $1,243,821 vs. $1,113,502 in 2019, which was an 11.7% increase.
Stats for Southwest Ranches Homes sold last year
- 67 Closed Sales in 2020 vs. 49 the prior year
- Homes sold at 90.1% of their original list price
- Properties remained on the market an average of 119 days before being sold
- There were 73 pending sales thru December 2020
- There is a 3.6 month supply of inventory on the market for sale, which puts us in a Seller’s market
Contact us for a customized list of available properties for sale if you are looking to purchase a property in Southwest Ranches, or you can begin your Southwest Ranches homes for sale search by clicking here.
If you are looking to market your Southwest Ranches home for sale, contact us for your complementary Customized Property Evaluation.