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On June 1, there were 15,246 single-family homes, condominiumm units and townhomes under contract inthe tri-countty area, down from 15,39i on May 25, according to the which is produced using data from . "We don't know if the drop in pendingb sales in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-basee real estate service company. In Miami-Dade there were 6,776 pending sales on June 1, down from 6,7899 on May 25.
In Broward there were 5,844 pending down from 5,934 in the previous And, in Palm Beach County, therew were 2,626 pending sales on June 1, down from There were 9,302 pending salea in South Florida for the weekendin Nov. 24. Since that time, pending sales have increased by 63.9 or 5,944 properties, according to Condi Vultures. Despite the slowdown in new contractsx in the last the number of properties on the markett continuesto fall. South Florida's available inventoryh droppedby 1.7 percent, to 83,491 residences for sale on June 1 from 84,96q on May 25. Since Nov. 24, available inventoryt in South Florida has fallenby 24,036 properties, or 22.4 percent.
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