FORT LAUDERDALE, FL (PRWEB) July 04, 2013

The median sale price of existing single-family homes in Broward County rose 22.6 percent to $ 255,000 in May from $ 208,000 in May 2012, which continues to be supported by a rising demand for housing as reflected by the year-over-year 28.2 percent drop in months supply of inventory and the 25.6 percent decline in median days on market for existing single-family homes, according to statistics released today by the Greater Fort Lauderdale Realtors