08/27/2021
Aug 2021 / Sept 2021 Marketing Update Oceanfront Condos – Galt Ocean Mile / Zip 33308
Lowest Number of Galt Oceanfront Condos for Sale in 10 Yrs!
Seller’s Market - 1.5 Month’s Supply of Galt Condos for Sale!
6 Months is considered “Normal” - Months of supply is a good indicator of whether a particular real estate market is favoring buyers or sellers. Typically, a market that favors sellers has less than 6 months of supply, while more than 6 months of supply indicates an excess of homes for sale that favors buyers. Findwell.com
Galt Oceanfront Condos for Sale
Here are the number of oceanfront condos for sale for Galt Ocean Mile / Zip 33308
for the month of August 2011 to August 2021 - data based on MLS Records – 8/8/2021
Active Listings, Number of
Month
August 2011 - 287 Units for Sale
August 2012 - 305 "
August 2013 - 260 "
August 2014 - 212 "
August 2015 - 212 "
August 2016 - 234 "
Active Listings, Number of
Month
August 2017 - 191 Units for Sale
August 2018 - 207 "
August 2019 - 169 "
August 2020 - 241 "
August 2021 - 67 "
https://fort-lauderdale-condos-for-sale.com/so-whats-the-market-doing/
Galt Ocean Mile condos for sale - Market Update August / Sept 2021 - Lowest Inventory in 10 Years / A Seller's Market with just 1.5 Months of Supply