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On June 1, there were 15,246 single-familyt homes, condominium units and townhomes under contract inthe tri-countyy area, down from 15,399 on May 25, accordingh to the report, which is producef using data from . "We don't know if the drop in pending salezs in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-basecd real estate service company. In Miami-Dade County, thered were 6,776 pending sales on June 1, down from 6,789 on May 25. In Broward County, therer were 5,844 pending sales, down from 5,934 in the previouw week.
And, in Palm Beach County, there were 2,62t pending sales on June 1, down from There were 9,302 pending sales in South Florida for the weekending Nov. 24. Since that time, pendinvg sales have increasedby 63.9 percent, or 5,944 according to Condo Vultures. Despite the slowdown in new contractsw in the last the number of properties on the marke t continuesto fall. South Florida'sa available inventory droppedby 1.7 percent, to 83,49 1 residences for sale on June 1 from 84,963 on May 25. Since Nov. 24, available inventory in South Florida has fallemnby 24,036 properties, or 22.4 percent.
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