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Fort Lauderdale August 2026 Area Report
Fort Lauderdale August 2026 real estate statistics have been published.
Single Family Homes
Condominium & Townhouses
As your local Fort Lauderdale REALTOR®, I like to keep our community informed about what’s happening in the housing market in plain English. The latest data shows that while fewer homes and condos are coming on the market, property values remain strong and buyers are still active. Overall, Fort Lauderdale continues to be a healthy and desirable market for both buyers and sellers.
🏡 Single-Family Home Market Highlights
What Sellers Should Know
- Home prices continue to rise. The median sold price increased to $646,500, up 15.7% from August 2025.
- The average sold price reached $1.36 million, a 22.6% increase year over year.
- Fewer homeowners are listing their properties, with new listings down 9.5% from last year.
- Homes are selling faster, averaging 51 days on market, compared to 70 days last year.
What Buyers Should Know
- Inventory has improved compared to recent years, giving buyers more choices.
- Sellers are receiving about 95% of their asking price, meaning there is still some room for negotiation.
- Higher-priced properties continue to drive much of the market activity.
Bottom Line for Single-Family Homes
✅ Prices remain strong
✅ Homes are selling more quickly
✅ Buyers have more opportunities than during the peak seller’s market years
✅ Well-priced homes continue to attract attention quickly
🏙️ Condo & Townhome Market Highlights
What Sellers Should Know
- Condo and townhome prices showed significant growth.
- The median sold price climbed to $589,000, up nearly 42% from a year ago.
- The average sold price increased to $756,400, up 27.3% year over year.
- New listings fell sharply, down almost 39% compared to August 2025.
What Buyers Should Know
- Sales activity slowed, with condo and townhome sales down 23.6% from last year.
- Properties are spending about 69 days on market, giving buyers more time to evaluate options.
- Sellers typically received about 94% of their asking price, leaving room for negotiations.
Bottom Line for Condos & Townhomes
✅ Prices remain on an upward trend
✅ Buyers have increased negotiating power
✅ Inventory levels offer more selection than in recent years
✅ Sellers need strong pricing and presentation to stand out
📈 Fort Lauderdale Market Takeaway
The Fort Lauderdale real estate market remains resilient. Home values continue to appreciate across both single-family homes and condos, while inventory levels have improved enough to give buyers more options and negotiating leverage. For sellers, realistic pricing and property presentation are becoming more important as buyers have more choices. For buyers, this may be one of the best opportunities we’ve seen in recent years to enter the market while still benefiting from a growing South Florida economy and strong long-term housing demand.
Whether you’re considering buying, selling, investing, or simply curious about your home’s value, staying informed about local market trends can help you make smarter real estate decisions.
Thinking about making a move in Fort Lauderdale? Let’s connect and discuss your options and goals.
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
SL 3535792
SE Florida Market Snapshot – August 2026
SE Florida Market Snapshot – August 2026
Snapshot of Today’s Broward County Market
Southeast Florida Market Update: More Choices, Slower Pace, Strong Values
As we move through the second half of 2026, the Southeast Florida real estate market continues to shift toward a more balanced environment. Across many local communities, we’re seeing inventory levels rise significantly while the number of completed sales has slowed. However, home prices remain surprisingly resilient, particularly in sought-after areas like Fort Lauderdale and Wilton Manors.
Key Market Highlights:
📍 Fort Lauderdale
- Average sales price increased 43% to $1.31M.
- Median list price rose 10% to $679K.
- Properties sold decreased 56% year over year.
- Inventory expanded dramatically, with 23.18 months of supply available.
- Sellers are still achieving about 94.4% of asking price.
What it means: Luxury and waterfront properties continue to support pricing, but buyers have more negotiating power than we’ve seen in recent years.
📍 Wilton Manors
- Average sales price climbed 37% to $820K.
- Median list price increased 5% to $749K.
- Sales activity declined 44%.
- Inventory grew to 14.23 months of supply, up 78%.
What it means: Demand remains strong for this unique community, but increased inventory is giving buyers more options and reducing urgency.
📍 Hollywood
- Average sales price increased 2% to $549K.
- Median list price remained stable at $499K.
- Number of homes sold dropped 71%.
- Inventory surged to 37.82 months of supply, up 200%.
What it means: While prices have held steady, buyers have a wide selection of homes available, leading to longer marketing times.
📍 Dania Beach
- Average sales price rose 20% to $439K.
- Sales-to-list price ratio improved to 97%, meaning sellers are receiving close to asking price.
- Number of sales declined 60%.
- Inventory increased to 22.5 months of supply, up 133%.
What it means: Despite slower transaction volume, well-priced homes continue to attract serious buyers.
📍 Hallandale Beach
- Average sales price fell 43% to $210K.
- Median list price remained relatively unchanged at $329K.
- Sales volume dropped 84%.
- Inventory skyrocketed to 127.67 months of supply, up 513%.
- Sellers received about 91.3% of asking price.
What it means: Hallandale Beach experienced the most dramatic market shift in this group, with significantly increased inventory and fewer completed sales creating a highly competitive environment for sellers.
Overall Market Trends Across Southeast Florida
✅ Inventory is rising across nearly every market.
✅ Buyers have more choices and increased negotiating leverage.
✅ The number of homes sold has declined in all five communities.
✅ Home prices remain relatively stable or are increasing in many areas despite slower sales activity.
✅ Well-priced and well-presented homes are still attracting buyer interest and achieving strong sale-to-list price ratios.
*These Snapshots take into account all property types (Single Family Homes/Condos/Townhomes).
Looking Ahead
Today’s market isn’t the frenzied seller’s market we experienced a few years ago, but it’s also far from a downturn. We’re transitioning into a more balanced market where pricing strategy, property condition, and expert guidance matter more than ever.
Whether you’re considering buying, selling, downsizing, investing, or simply curious about your home’s current value, understanding your neighborhood’s specific trends is key to making informed decisions.
If you’d like a personalized market update for your community, I’d be happy to help.
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
SL 3535792
