Florida Land and Home Inventories

9:00 am
Filed in Business Thought, Land Development, Real Estate

In a recently article in Florida Trend Magazine, I stumbled upon some interesting numbers that I thought I would share with you.  According to the magazine, the following shows finished vacant homes in south Florida subdivisions:

County 2nd Quarter 3rd Quarter Supply (month)
Broward 1,216 1.098 7.2
Palm Beach 1,017 864 4.1
St Lucie 918 817 9.3
Indian River 439 386 3.5
Martin 244 225 6.0

Another interesting chart, the supply of vacant developed lots based on the annual starts pace:

County Supply of Vacant Lots (months)
Martin 194.4
Indian River 103.9
Palm Beach 43.8
Broward 33.7

The data was provided to Florida Trend by MetroStudy.

Leave a Comment

Your comment