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

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
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%
Dec-19672158981295.40Sellers$899,82591.70%
Nov-19705155123945.70Balanced$637,96092.40%
Oct-197002181011046.73Buyers$688,68692.80%
Sep-196501851071105.91Balanced$637,60091.50%
Aug-196261621341105.69Balanced$832,32193.30%
Jul-196791741311434.75Sellers$769,36491.90%
Jun-197011881391275.52Balanced$911,34791.60%
May-197502231521385.43Sellers$862,82292.30%
Apr-191,0232952241945.27Sellers$675,15298.96%
Mar-199752952111635.98Balanced$620,15094.61%
Feb-199442851891277.43Buyers$627,97194.30%
Jan-191,03936515710210.19Buyers$730,58494.99%
Dec-18784144781007.84Buyers$791,33992.90%
Nov-188031861011016.6Balanced$709,14193.40%
Oct-181,0973351811447.62Buyers$652,128 95.22%
Sep-181,0482881451656.35Balanced$532,434 95.14%
Aug-189872971741735.71Balanced$616,414 95.18%
Jul-189692941591526.38Balanced$594,27596.37%
Jun-189332061681964.76Sellers$739,96195.98%
May-181,2302892062215.57Balanced$806,44293.20%
Apr-18 1,010 2972091626.23Balanced $617,266 94.45%
Mar-18 1,075 3142212005.38Balanced $639,125 95.72%
Feb-18 1,194 3381841468.18Buyers $549,449 95.69%
Jan-18 1,293 3561831369.51Buyers $697,963 95.33%

Fort Lauderdale Single Family Home Trends May 2020

 

Condos & Townhouses

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
May-201,115213104838.70Buyerss$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%
Dec-191,0671891211597.20Buyers$430,06991.40%
Nov-191,1082281441107.50Buyers$376,81692.20%
Oct-191,1092981151149.73Buyers$405,25392.20%
Sep-191,0032121111188.50Buyers$419,04792.60%
Aug-199951861311307.65Buyers$388,24991.80%
Jul-191,0342211411357.66Buyers$432,04291.00%
Jun-191,0592221551387.67Buyers$505,30690.60%
May-191,1082061401786.22Balanced$407,35190.70%
Apr-191,3793452562086.63Buyers$483,30694.58%
Mar-191,4583262222057.11Buyers$459,30695.00%
Feb-191,3473092081578.58Buyers$411,62493.55%
Jan-191,5454552001629.54Buyers$450,71693.66%
Dec-181,19220811111210.64Buyers$444,10192.50%
Nov-181,1942431111257.8Buyers$463,97092.7%
Oct-181,4773961641758.44Buyers$545,497 95.35%
Sep-181,37831215513010.60Buyers$444,165 95.49%
Aug-181,2943061671986.54Buyers$427,795 95.63%
Jul-181,3532871501628.35Buyers$427,44195.03%
Jun-181,3782781693753.67Sellers$570,46697.00%
May-181,7003261892566.64Buyers$422,38698.76%
Apr-18 1,464 3592652156.81Buyers $467,758 94.85%
Mar-18 1,433 3862592366.07Balanced$444,811 96.70%
Feb-18 1,429 3962091867.68Buyers $475,353 94.35%
Jan-18 1,487 4352341629.18Buyers $437,075 93.72%

Fort Lauderdale Condo/Townhome Trends May 2020

 

This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information from the © 2019 Realtors of the Palm Beaches and Greater Fort Lauderdale Mulriple Listing Service, Inc.

 

Return to Real Estate Market Trends

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