Fort Lauderdale Real Estate Market Trends

Active – Total number of listings available for sale.
New – Total number of properties listed for sale in the month.
Pending – Total number of listings under contract.
Sold – Total number of properties closed.
Month’s Supply – Active Listings / Sold Listings in a given month
Market Favors – Balanced Market = 5.5 and 6.5 months of supply. Sellers = Under 5.5 months. Buyers = Over 6.5 months.
Average Selling $ – Total Dollar Volume in Month divided by Total Number of Properties Sold
Average % of LP – Median Percentage of List Price = Sales Price divided by List Price

Single Family Homes

Fort Lauderdale Single Family Home Trends

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
Sep-212781481311411.70Sellers$1,017,97396.30%
Aug-212951631611401.70Sellers$1,600,53997.10%
Jul-213132001551511.80Sellers$1,286,71298.40%
Jun-212992151612001.70Sellers$1,349,02797.60%
May-212781951771631.60Sellers$1,165,63797.00%
Apr-212972041862021.70Sellers$1,508,30895.60%
Mar-213052082522191.90Sellers$1,249,61695.10%
Feb-213821742041622.60Sellers$1,138,13794.50%
Jan-214492162131243.20Sellers$1,013,66594.10%
Dec-205041751781653.80Sellers$1,152,96194.00%
Nov-205581481321254.40Sellers$988,75893.90%
Oct-2059020113-1654.70Sellers$904,08893.10%
Sep-305912271891374.80Sellers$889,30693.40%
Aug-206022231781455.10Sellers$860,58693.00%
Jul-206161921631395.40Sellers$828,97292.30%
Jun-206381781641015.70Balanced$872,50292.60%
May-20704173135646.50Balanced$817,63290.60%
Apr-2073014957686.60Buyers$814,86092.20%
Mar-20721170831086.10Balanced$832,31792.60%
Feb-207122051381025.70Balanced$1,524,14092.40%
Jan-20696232116845.50Balanced$935,22993.60%

Condos & Townhouses

Fort Lauderdale Condo/Townhouse Trends

 

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
Sept-214401881881631.80Sellers$581,97795.50%
Aug-214742151942102.00Sellers$571,43195.60%
Jul-214792111972312.00Sellers$535,85196.70%
Jun-215092381652942.20Sellers$601,64094.90%
May-215912342692662.60Sellers$553,53395.20%
Apr-216772843332963.20Sellers$493,68593.10%
Mar-217913014002844.20Sellers$561,28093.40%
Feb-219922442901866.00Balanced$613,66294.10%
Jan-211,0562902291516.70Buyers$514,85093.10%
Dec-201,1092291961947.20Buyers$511,02392.70%
Nov-201,2182511741958.00Buyers$533,62092.90%
Oct-201,2153352061748.40Buyers$478,97793.00%
Sep-301,1772881831268.50Buyers$412,08591.90%
Aug-201,1482421481488.70Buyers$407,17492.40%
Jul-201,1562701621498.80Buyers$502,23391.70%
Jun-201,127273176888.70Buyers$412,81191.90%
May-201,115213104838.70Buyers$567,58891.40%
Apr-201,04811863957.90Buyers$505,25892.10%
Mar-201,0872241051707.60Buyers$417,52892.50%
Feb-201,0992491971277.20Buyers$460,32791.70%
Jan-201,1463262071007.70Buyers$530,49392.90%
Current as of October 17, 2021. Data courtesy of BeachesMLS, a subsidiary of Broward, Palm Beaches & St. Lucie Realtors®

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IF YOU ARE CONSIDERING BUYING OR SELLING PROPERTY, CONTACT ME AT 954-632-5100.