{"id":16533,"date":"2009-03-06T13:32:07","date_gmt":"2009-03-06T13:32:07","guid":{"rendered":"http:\/\/forestridgevoice.com\/2009\/03\/06\/forest-ridge-sales-reflect-trend\/"},"modified":"2019-04-23T20:56:36","modified_gmt":"2019-04-23T20:56:36","slug":"forest-ridge-sales-reflect-trend","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/forest-ridge-sales-reflect-trend\/","title":{"rendered":"Forest Ridge Sales Reflect Trend"},"content":{"rendered":"<p>Three and one half years ago, less than 30% of the closed sales of single-family homes and condos within the Broward and Miami-Dade MLS accounted for homes and condos sold for less than $300,000.\u00a0 Today 75% of all Broward and Miami-Dade sales are closing at prices less than $300,000&#8230;..with upwards to two thirds of all current closings being either short sales or foreclosures.<\/p>\n<p>The inventory of homes and condos priced less than $100,000 in mid-2005 accounted for less than 400 homes.\u00a0 Currently, in Broward and Miami-Dade, Realtors have over 11,000 homes and condos for sale priced less than $100,000.\u00a0 These numbers account for 17% of our total MLS inventory.<\/p>\n<p>The graph below\u00a0represents\u00a0\u00a0sales in Forest Ridge, based on the average list price and average sales price, according to the MLS.<\/p>\n<p><img loading=\"lazy\" class=\"aligncenter size-full wp-image-249\" src=\"http:\/\/forestridgevoice.com\/files\/2009\/03\/trends-in-forest-ridge-as-of-january-2009.png\" alt=\"trends-in-forest-ridge-as-of-january-2009\" width=\"646\" height=\"434\" \/><\/p>\n<p>EWM Realtors, Inc. has launched a new initiative called EWM Smart Living which can be accessed through <a href=\"http:\/\/www.ewm.com\">www.ewm.com<\/a>.\u00a0\u00a0 It will showcase listings which are\u00a0 in the $300,000 and under price range and will feature single family homes, town homes, villas and condos.\u00a0\u00a0A recent EWM analysis of Multiple Listing Service (MLS) data indicates that more than 45,000 South Florida single family homes and condos are priced less than $300,000.\u00a0 That represents 65% of the total number of homes and condos actively for sale in the Broward and Miami-Dade market, according to Ron Shuffield, EWM President, and all 45,000 listings will be available on EWM Smart Living.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three and one half years ago, less than 30% of the closed sales of single-family homes and condos within the Broward and Miami-Dade MLS accounted for homes and condos sold for less than $300,000.\u00a0 Today 75% of all Broward and Miami-Dade sales are closing at prices less than $300,000&#8230;..with upwards to two thirds of all<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/forest-ridge-sales-reflect-trend\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":5759,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - 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