🏡 Single-Family Homes – Key Highlights

• Prices are rising steadily
  • Median sold price: ↑ 3.9% ($597,500)
  • Average sold price: ↑ 14.0%
• Inventory is tightening
  • New listings: ↓ 28.3% year-over-year
• Sales are holding steady
  • Homes sold: ↑ 0.6% (essentially flat)
• Homes are selling faster
  • Median days on market: 49 days (↓ ~20%)
  • Average days on market: ↓ 8.7%
• Slight negotiation returning
  • Sale-to-list price ratio dipped to ~94.3%

🏙️ Condo & Townhouse Market – Key Highlights

• Prices are surging
  • Median sold price: ↑ 25.2% ($540,000)
  • Average sold price: ↑ 22.7%
• Inventory dropped significantly
  • New listings: ↓ 32.7%
• More sales activity
  • Homes sold: ↑ 4.3%
• Mixed timing trends
  • Median days on market: ↓ 12% (faster)
  • Average days on market: ↑ 8.5% (some properties linger)
• Pricing remains strong
  • Sale-to-list ratio: ~94% (stable)

📦 Inventory & Supply Trends (Overall Insight)

• Inventory is decreasing across both property types (fewer new listings year-over-year)
• Months of supply is trending near or just above balanced levels (around the 6-month benchmark, per report visuals)
• Sellers are facing more competition than peak frenzy years, but still benefiting from strong pricing

✅ Major Takeaways

• 📈 Prices are rising across the board, especially in the condo market
• 📉 Inventory shortages continue, limiting buyer options
• ⚖️ Sales activity is stable, not surging
• ⏱️ Homes are generally selling faster, especially well-priced ones
• 💬 Negotiation is slightly increasing, but sellers still hold leverage

🧭 Bottom Line: What Kind of Market Is It?

Fort Lauderdale remains a strong but stabilizing seller’s market.

• Sellers: Still have pricing power, but need to be competitive as buyers become more selective
• Buyers: Facing limited inventory and higher prices, but beginning to gain slightly more negotiating room

In today’s competitive SE Florida housing market, it’s essential to work with an experienced and knowledgeable real estate professional. If you’d like up‑to‑date market reports for your neighborhood, Fort Lauderdale, or any other SE Florida community, I’d be happy to send them. We can review current trends, discuss the market, and explore how we can work together to achieve your real estate goals. I’m here to support you every step of the way.

CONTACT ANNETTE

Let’s start working together!

Annette Dammeyer, REALTOR^®, ABR^®, AHWD^®

Coldwell Banker Realty

901 E Las Olas Blvd STE 101, Fort Lauderdale, FL 33301

808.747.3686

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792