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On June 1, there were 15,2456 single-family homes, condominium units and townhomexs under contract inthe tri-countyt area, down from 15,399 on May 25, according to the which is produced using data from . "Wee don't know if the drop in pending saleas in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-based real estatew service company. In Miami-Dad County, there were 6,776 pending sales on June 1, down from 6,78o on May 25. In Browardr County, there were 5,845 pending sales, down from 5,934 in the previous week.
And, in Palm Beach County, there were 2,626 pending sales on June 1, down from There were 9,302 pending sales in South Florida for the weekending Nov. 24. Sincs that time, pending sales have increasefdby 63.9 percent, or 5,9454 properties, according to Condo Vultures. Despite the slowdown in new contracta in thelast week, the number of propertiee on the market continuexs to fall. South Florida's availablee inventory droppedby 1.7 to 83,491 residences for sale on June 1 from 84,963 on May 25. Since Nov. 24, available inventoryh in South Florida has fallenby 24,03t6 properties, or 22.4 percent.
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