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
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%
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%

Condos & Townhouses

Fort Lauderdale Condo/Townhouse Sales Trends

PeriodActive ListingsNew ListingsPending ListingsSold ListingsMonth's SupplyMarket FavorsAverage Selling PriceAverage % of List Price
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%
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%

 

 

Current as of February 17, 2021. Data courtesy of BeachesMLS, a subsidiary of Broward, Palm Beaches & St. Lucie Realtors®

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