(Fort Lauderdale)

📈 Price Trends

• Median sales price ↑ 8.81% YoY to ~$663,750
• Average sales price ↑ 17.08% YoY
• Median list price (sold homes) ↑ 4.01%
• Average list price ↑ 19.84%

📉 Inventory & Supply

• New listings ↓ 18.21% YoY
• Year-to-date new listings ↓ 27.54%
• Months of inventory trending around ~6 months (balanced range) based on chart

📊 Sales Activity

• Closed sales ↑ 3.23% YoY
• Year-to-date sales ↑ 7.43%

⏳ Market Speed

• Median days on market ↑ 41.46% (58 days)
• Average days on market ↑ 7.5% (86 days)

💰 Pricing Behavior

• List-to-sale ratio ~94.3% (slightly down YoY)

🏢 Condos & Townhouses – May 2026 Highlights

(Fort Lauderdale)

📉 Price Trends

• Median sales price ↓ 15.31% YoY to ~$440K
• Average sales price ↓ 4.35%
• Median list price (sold units) ↓ 15.16%
• Average list price ↓ 4.21%

📉 Inventory & Supply

• New listings ↓ 33.42% YoY
• Year-to-date new listings ↓ 36.14%
• Months of inventory remains elevated (~9–10 months range)

📊 Sales Activity

• Closed sales ↑ 11.89% YoY
• Year-to-date sales ↑ 8.48%

⏳ Market Speed

• Median days on market ↓ 8.45% (65 days)
• Average days on market ↑ 5.5% (115 days)

💰 Pricing Behavior

• List-to-sale ratio ~94.2% (slightly improved)

🔑 Key Takeaways (Big Picture)

✅ 1. Two Very Different Markets

• Single-family homes: Prices are rising strongly → seller advantage remains
• Condos/townhomes: Prices are declining → more buyer leverage

✅ 2. Inventory Is Driving the Split

• Single-family inventory is tight (fewer new listings) → pushing prices up
• Condo inventory remains higher and more competitive → putting pressure on prices

✅ 3. Buyers Are Still Active

• Sales are up in both segments
• Even with higher rates and pricing shifts, demand hasn’t disappeared

✅ 4. Market Pace Is Normalizing

• Homes are taking longer to sell overall
• Indicates a shift away from the ultra-fast pandemic market to a more balanced environment

✅ 5. Pricing Strategy Matters More Than Ever

• Both markets show ~94% list-to-sale ratios
• Buyers are negotiating → accurate pricing is critical for sellers

🧭 Your Positioning Insight

• 🏡 Single-family market:
  “Still strong—but strategic pricing and presentation are key as buyers become more selective.”
• 🏢 Condo market:
  “Opportunities for buyers are emerging, especially with motivated sellers and softer pricing.”

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