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Fort Lauderdale January 2026 Area Report
Fort Lauderdale January 2026 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
📊 Fort Lauderdale Market Snapshot — January 2026 Highlights
🏡 Single‑Family Homes
- Inventory is down sharply: New listings fell ~39% year over year, keeping supply tight.
- Prices continue to rise:
- Median sold price increased to $835,000 (+4.4% YoY).
- Average sold price climbed to $1.65M (+5.8% YoY).
- Homes are selling close to list price: Sellers received about 95% of list price on average.
- Market pace is steady:
- Median days on market: 48 days
- Average days on market improved to 71 days (faster than last year).
🏢 Condos & Townhomes
- Significant drop in new listings: Down ~44% year over year, tightening condo inventory.
- Strong price growth:
- Median sold price rose to $430,000 (+12.3% YoY).
- Average sold price jumped to $770,178 (+29% YoY).
- Sales volume slightly lower, but pricing remains resilient.
- Longer selling timeline:
- Average days on market increased to 112 days, indicating buyers are taking more time.
🔑 Overall Takeaway
- Low inventory + rising prices continue to define the Fort Lauderdale market.
- Sellers still hold an advantage, but pricing and presentation matter more than ever.
- Buyers face fewer choices, especially in desirable areas, reinforcing the importance of strategy and timing.
In this housing market in SE Florida, you need to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale December 2025 Area Report
Fort Lauderdale December 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Summary – December 2025
December 2025 | Single‑Family Homes & Condos/Townhomes
Overall Market Conditions
- The Fort Lauderdale market shows slower activity, higher prices, and longer selling times, especially for single‑family homes.
- Inventory remains elevated, meaning buyers have more choices and sellers face more competition.
Single‑Family Homes
Key Trends
- Prices are up sharply year‑over‑year
- Median Sold Price: $779,500 (+34% vs. Dec 2024)
- Year‑to‑Date Median Sold Price: $640,000 (+9.4%)
- Fewer homes are selling
- December sales: 154 homes (+7.7% vs. last year)
- Year‑to‑date sales: down nearly 10%
- Homes are taking longer to sell
- Median Days on Market: 48 days (up from 40)
- Average Days on Market (YTD): 84 days
- Sellers are close to asking price
- List‑to‑Sold Price Ratio: 95.3%
What It Means
- Strong pricing favors sellers, but longer market times mean homes must be priced competitively and show well.
- Buyers benefit from more negotiating power than in prior years.
Condo & Townhome Market
Key Trends
- Prices are declining
- Median Sold Price: $395,000 (–4.8% YoY)
- YTD Median Sold Price: $410,000 (–7.9%)
- Sales activity has slowed
- December sales: down 17%
- Year‑to‑date sales: slightly lower than 2024
- Significantly longer selling times
- Median Days on Market: 97 days (up from 64)
- Average Days on Market: 137 days
- More discounts are occurring
- List‑to‑Sold Price Ratio: 94.2%
What It Means
- The condo market is clearly buyer‑favored.
- Pricing pressure and longer timelines suggest strategic pricing is critical for sellers.
- Buyers may find value opportunities, especially compared to single‑family homes.
Inventory & Supply
- The market continues to reflect higher months of supply, especially for condos.
- A “balanced” market is typically around 6 months of supply—current levels indicate increased competition among sellers in many segments.
Bottom Line
- Single‑family homes: Prices are strong, but the pace has slowed. Sellers must stay competitive; buyers have more leverage than in recent years.
- Condos/townhomes: Softer prices, longer selling times, and fewer sales point to a clear buyer’s market.
- Overall: Fort Lauderdale has moved away from the ultra‑competitive pandemic era and into a more normalized, negotiation‑friendly market.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale November 2025 Area Report
Fort Lauderdale November 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Summary – November 2025
🏡Single-Family Homes
- New Listings: 239 (↓27.1% YoY)
- Sold Listings: 116 (↓14.7% YoY)
- Median Sold Price: $640,750 (↑7.8% YoY)
- Average Sold Price: $1,424,160 (↑29.8% YoY)
- Median Days on Market: 62 (↑51.2% YoY)
- List/Sold Price Ratio: 95.6% (stable)
- Year-to-Date: Sales down 12%, prices up ~8–15%.
Key Trend: Inventory and sales declined, but prices surged significantly, especially at the high end.
🏢Condo/Townhomes
- New Listings: 288 (↓41.8% YoY)
- Sold Listings: 104 (↓14.1% YoY)
- Median Sold Price: $410,000 (↑3.8% YoY)
- Average Sold Price: $752,766 (↑25.4% YoY)
- Median Days on Market: 87 (↑13% YoY)
- List/Sold Price Ratio: 94.4% (slightly up)
- Year-to-Date: Sales nearly flat, prices mixed (median ↓7.8%, average ↓5.1%).
Key Trend: Sharp drop in new listings, slower sales pace, but luxury segment drove average prices higher.
📊Overall Market Insights
- Inventory is tightening, with fewer new listings and longer days on market.
- Price growth is strong, especially in higher-end properties.
- Sellers still achieve ~94–96% of asking price, indicating stable demand despite slower sales.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale October 2025 Area Report
Fort Lauderdale October 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Summary – October 2025
🏡 Single Family Homes – October 2025 Highlights
Monthly Changes (vs. October 2024):
- New Listings: 321 (⬇️ 18.9%)
- Sold Listings: 113 (⬇️ 26.6%)
- Median List Price (Solds): $630,000 (⬆️ 0.8%)
- Median Sold Price: $610,000 (⬇️ 0.4%)
- Average Sold Price: $1,203,546 (⬆️ 20.6%)
- Average Days on Market: 83 days (⬆️ 3.75%)
- List-to-Sale Price Ratio: 95% (slightly down)
Year-to-Date (YTD) Changes:
- New Listings: 3,499 (⬇️ 5.6%)
- Sold Listings: 1,375 (⬇️ 12.3%)
- Median Sold Price: $635,000 (⬆️ 9%)
- Average Sold Price: $1,285,511 (⬆️ 14.3%)
- Average Days on Market: 84 days (⬆️ 25.4%)
🏢 Condos & Townhomes – October 2025 Highlights
Monthly Changes (vs. October 2024):
- New Listings: 397 (⬇️ 16.6%)
- Sold Listings: 133 (⬇️ 1.5%)
- Median List Price (Solds): $448,000 (⬆️ 14.9%)
- Median Sold Price: $425,000 (⬆️ 13.3%)
- Average Sold Price: $601,341 (⬆️ 12.4%)
- Average Days on Market: 128 days (⬆️ 48.8%)
- List-to-Sale Price Ratio: 94.2% (⬇️ slightly)
Year-to-Date (YTD) Changes:
- New Listings: 4,397 (⬇️ 10.5%)
- Sold Listings: 1,488 (⬆️ 0.1%)
- Median Sold Price: $415,000 (⬇️ 7.8%)
- Average Sold Price: $619,309 (⬇️ 6.9%)
- Average Days on Market: 101 days (⬆️ 29.5%)
📊 Market Trends Summary
- Inventory is tightening: Fewer new listings and longer days on market suggest a slower-moving market.
- Prices are mixed: Single family homes are seeing price increases, while condos show mixed results (monthly up, YTD down).
- Buyers have more time: Properties are staying on the market longer, especially condos.
- Sellers need to be competitive: Slight drops in list-to-sale price ratios and higher absorption rates indicate more negotiation and competition.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale September 2025 Area Report
Fort Lauderdale September 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
🏡 Fort Lauderdale Real Estate Market Summary – September 2025
📊 Single Family Homes
- Sales Activity
- Sold listings remained flat month-over-month (130 units), but YTD sales dropped 11.74%.
- New listings declined 20.11% month-over-month and 4.72% YTD.
- Pricing Trends
- Median Sold Price: $665K (↑17.7% YoY)
- Average Sold Price: $1.02M (↑16.46% YoY)
- Median List Price (Solds): $699K (↑20.57% YoY)
- Average List Price (Solds): $1.09M (↑18.02% YoY)
- Market Dynamics
- Average Days on Market: 87 (↑47.46% YoY)
- List/Sold Price Ratio: 95% (↓1.35% YoY)
- Absorption Rate: trending above 6 months, indicating a buyer’s market.
- Historical Context
- Sold volume dropped to $1.62B from $2.09B in 2024.
- Listing volume fell to $5.22B from $8.06B.
- Median sale price rose to $640K from $585K.
🏢 Condos & Townhomes
- Sales Activity
- Sold listings increased 32.46% YoY (151 units), but YTD sales slightly declined.
- New listings dropped 35.17% YoY and 9.93% YTD.
- Pricing Trends
- Median Sold Price: $415K (↓7.78% YoY)
- Average Sold Price: $652K (↑7.43% YoY)
- Median List Price (Solds): $440K (↓5.27% YoY)
- Average List Price (Solds): $702K (↑7.64% YoY)
- Market Dynamics
- Average Days on Market: 104 (↑44.44% YoY)
- List/Sold Price Ratio: 94% (slightly down YoY)
- Absorption Rate: well above 6 months, suggesting slower turnover and more competition.
- Historical Context
- Sold volume fell to $836M from $1.16B.
- Listing volume dropped to $3.09B from $4.47B.
- Median sale price decreased to $413K from $445K.
Additional Metrics:
- Absorption Rate: Indicates market competitiveness based on inventory supply.
- Months Supply of Inventory: Reflects the balance between properties for sale and sold properties.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale August 2025 Area Report
Fort Lauderdale August 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
This report provides an overview of residential real estate sales activity and trends in Fort Lauderdale for single-family homes and condos/townhouses. It includes detailed statistics comparing August 2025 to August 2024 and year-to-date (YTD) data for both years.
Key Highlights:
Single-Family Homes:
- New Listings: Down 32.33% month-to-date and 3.46% YTD.
- Sold Listings: Decreased by 24.57% month-to-date and 13.55% YTD.
- Median Sold Price: Increased by 17.44% month-to-date and 9.66% YTD.
- Average Sold Price: Up 20.37% month-to-date and 14.41% YTD.
- Median Days on Market: Increased by 60.47% month-to-date and 25.58% YTD.
- List/Sold Price Ratio: Slight decrease (-0.33%).
Condos/Townhouses:
- New Listings: Down 33.19% month-to-date and 7.94% YTD.
- Sold Listings: Slight decrease of 2.96% month-to-date and 3.64% YTD.
- Median Sold Price: Decreased by 1.3% month-to-date and 10.33% YTD.
- Average Sold Price: Down 11.24% month-to-date and 9.94% YTD.
- Median Days on Market: Increased by 25.37% month-to-date and 34.55% YTD.
- List/Sold Price Ratio: Slight decrease (-0.8%).
Additional Metrics:
- Absorption Rate: Indicates market competitiveness based on inventory supply.
- Months Supply of Inventory: Reflects the balance between properties for sale and sold properties.
The report emphasizes trends such as declining new and sold listings, rising prices for single-family homes, and longer days on market for both property types. It provides insights for buyers and sellers to understand market conditions and make informed decisions with the experienced assistance from your local real estate advisor, Annette Dammeyer.
We are in a new housing market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale July 2025 Area Report
Fort Lauderdale July 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Overview
The July 2025 Area Report provides insights into the residential real estate market trends in Fort Lauderdale, focusing on single-family homes and condo/townhouse properties.
- Single Family Homes Performance
- Number of sales decreased by 17.16% year-to-date, totaling 1,109 sales.
- New listings fell by 17.44% month-to-date, with 344 new listings.
- Median sales price increased by 10.99% year-to-date, reaching $640,000.
- Average sales price rose by 28.59% month-to-date, now at $1,282,145.
- Average days on market increased by 50.82% month-to-date, averaging 92 days.
Condo/Townhouse Market Insights
The report highlights a decline in sales and prices for condo/townhouse properties in Fort Lauderdale as of July 2025.
- Condo/Townhouse Sales Trends
- Number of sales increased by 6.21% month-to-date, totaling 145 sales.
- New listings decreased by 24.54% month-to-date, with 432 new listings.
- Median sales price dropped by 18.52% year-to-date, now at $358,500.
- Average sales price decreased by 18.17% month-to-date, currently at $549,717.
- Average days on market increased by 18.37% month-to-date, averaging 116 days.
Key Market Statistics and Comparisons
The report provides comparative statistics for both single-family homes and condo/townhouse properties, illustrating market dynamics.
- Comparative Market Data
- Single-family homes saw a median list price increase of 11.29% year-to-date.
- Condo/townhouse median list price decreased by 16.22% month-to-date.
- List/sold price ratio for single-family homes is 94.7%, while for condos/townhouses it is 93.1%.
- The average days on market for single-family homes is 92 days compared to 116 days for condos/townhouses.
Overall Market Trends and Observations
The report concludes with observations on the overall market trends affecting both property types in Fort Lauderdale.
- Market Observations
- The real estate market shows mixed trends with rising prices for single-family homes and declining prices for condos/townhouses.
- The absorption rate indicates a competitive market for single-family homes, while condos may require adjustments in pricing strategies.
- The overall inventory levels and sales activity suggest a need for sellers to be proactive in pricing and presentation.
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale June 2025 Area Report
Fort Lauderdale June 2025 real estate statistics have been published.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Overview
The following is a real estate market report for Fort Lauderdale, detailing sales activity, trends, and statistics for single-family homes and condos/townhouses as of June 2025.
Summary:
Single Family Homes Sales Overview
The single-family homes market has experienced a decline in sales and prices compared to last year. Key metrics indicate a significant drop in both the number of sales and average prices, reflecting a challenging market environment.
- Number of Sales: 146 (down 13.53% from last year)
- New Listings: 293 (down 14.83% month-to-date)
- Median Sales Price: $575,000 (down 13.53% year-over-year)
- Average Sales Price: $967,893 (down 25.3% year-over-year)
- Median Days on Market: 53 (up 39.47% year-over-year)
- List/Sold Price Ratio: 95.2% (down 0.67% from last year)
Condo/Townhouse Market Overview
The condo/townhouse market has also seen a decrease in sales and prices, with notable declines in both new listings and sold properties. This trend suggests a tightening market for these types of properties.
- Number of Sales: 167 (down 10.31% from last year)
- New Listings: 310 (down 24.21% month-to-date)
- Median Sales Price: $435,000 (down 10.31% year-over-year)
- Average Sales Price: $641,687 (down 7.15% year-over-year)
- Median Days on Market: 70 (up 27.27% year-over-year)
- List/Sold Price Ratio: 93.2% (down 2.02% from last year)
Year-to-Date Market Trends
Year-to-date statistics reveal a consistent decline in both single-family homes and condo/townhouse sales, indicating a broader trend in the real estate market.
- Year-to-Date Sold Listings for Single Family Homes: 818 (down 12.98% from last year)
- Year-to-Date Sold Listings for Condo/Townhouse: 890 (down 7% from last year)
- Year-to-Date Median List Price for Single Family Homes: $672,500 (up 7.64% from last year)
- Year-to-Date Median List Price for Condo/Townhouse: $449,950 (down 9.83% from last year)
Market Dynamics and Inventory Insights
The market dynamics show an increase in the average days on market, suggesting a shift towards a buyer’s market. The absorption rate indicates a need for sellers to be competitive.
- Average Days on Market for Single Family Homes: 70 (no change year-over-year)
- Average Days on Market for Condo/Townhouse: 93 (up 24% year-over-year)
- Months Supply of Inventory: Indicates a need for a competitive pricing strategy for sellers.
- Higher absorption rates suggest a more aggressive approach is necessary for sellers to attract buyers.
Conclusion
The report highlights significant trends in the residential real estate market, with declines in sales and prices for both single-family homes and condos/townhouses. For further insights and personalized information, contact me, I’m always available to talk.
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for YOUR specific neighborhood, Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale May 2025 Area Report
Fort Lauderdale May 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
Fort Lauderdale Real Estate Market Overview
The Fort Lauderdale real estate market has experienced significant changes in sales activity and pricing trends over the past year. Both single-family homes and condo/townhouse markets show a decline in sales volume, while prices have generally increased.
Summary:
Single Family Homes Sales Activity
Sales of single-family homes in Fort Lauderdale have decreased significantly compared to last year. The median sales price has risen, indicating a shift towards higher-value properties.
- Number of sales decreased from 212 in May ’24 to 139 in May ’25, a drop of 34.43%.
- New listings fell from 375 in May ’24 to 288 in May ’25, a decrease of 23.2%.
- Median sales price increased by 23.95%, from $536,500 to $665,000.
- Average sales price rose by 14.83%, from $1,091,613 to $1,253,547.
- Average days on market increased from 61 to 72 days, an 18.03% rise.
Condo/Townhouse Market Trends
The condo/townhouse market in Fort Lauderdale has also seen a decline in sales, with a slight increase in median prices. This indicates a competitive market despite fewer transactions.
- Number of sales decreased from 187 in May ’24 to 134 in May ’25, a decline of 28.34%.
- New listings dropped from 456 in May ’24 to 321 in May ’25, a decrease of 29.61%.
- Median sales price increased by 7.42%, from $465,000 to $499,500.
- Average sales price decreased by 6.19%, from $679,928 to $637,825.
- Average days on market increased from 73 to 99 days, a rise of 35.62%.
Market Summary and Key Statistics
The overall market summary highlights the trends in listings, sales, and pricing for both single-family homes and condos/townhouses. The data reflects a tightening inventory and rising prices.
- Total new listings for single-family homes year-to-date: 1,898, down 3.27% from last year.
- Total sold listings for single-family homes year-to-date: 794, down 13.98% from last year.
- Total new listings for condos/townhouses year-to-date: 2,612, down 9.15% from last year.
- Total sold listings for condos/townhouses year-to-date: 789, down 5.32% from last year.
- The list/sold price ratio for single-family homes is 95.7%, while for condos/townhouses it is 94.1%.
Commonly asked questions while reviewing the reports:
What is the difference between “Median Sales Price” and “Average Sales Price”?
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Average Sales Price | Average sales price for all properties sold.
What does “Absorption Rate” mean?
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Single Family Home Area Report listed first, Condo/Townhouses listed second:
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
Fort Lauderdale April 2025 Area Report
Fort Lauderdale April 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
This is the April 2025 Area Report providing a detailed analysis of residential real estate market trends in Fort Lauderdale. It includes data for single-family homes and condos/townhouses, comparing April 2025 to April 2024 and year-to-date statistics.
Key Highlights
Single-Family Homes:
• New Listings: Down 10.55% month-to-date and 1.12% year-to-date.
• Sold Listings: Decreased by 17.61% month-to-date and 8.59% year-to-date.
• Median Sold Price: Increased by 6.33% month-to-date and 13.92% year-to-date.
• Average Sold Price: Up 30.6% month-to-date and 21.5% year-to-date.
• Median Days on Market: Increased by 41.86% month-to-date and 8.33% year-to-date.
• List/Sold Price Ratio: Slight decrease (-0.18% month-to-date, -0.4% year-to-date).
Condos/Townhouses:
• New Listings: Down 24.47% month-to-date and 7.69% year-to-date.
• Sold Listings: Decreased by 9.89% month-to-date but remained flat year-to-date.
• Median Sold Price: Declined by 10.99% month-to-date and 10.34% year-to-date.
• Average Sold Price: Down 5.98% month-to-date and 7.3% year-to-date.
• Median Days on Market: Increased by 47.06% month-to-date and 35.29% year-to-date.
• List/Sold Price Ratio: Slight decrease (-1.28% month-to-date, -0.85% year-to-date).
Commonly asked questions while reviewing the reports:
What is the difference between “Median Sales Price” and “Average Sales Price”?
Median Sales Price | Price of the “”middle”” property sold -an equal number of sales were above and below this price.
Average Sales Price | Average sales price for all properties sold.
What does “Absorption Rate” mean?
Absorption Rate | Looks at the past year’s monthly supply of inventory. In a normal market there should be a 6 month supply. The higher the rate above 6 the more aggressive a seller has to be with the competition; price and having a picture perfect property.
Single Family Home Area Report listed first, Condo/Townhouses listed second:
We are entering a new real estate market in SE Florida. This is the time to work with an experienced and knowledgeable real estate professional. Please contact me if you would like to be sent updated market reports for Fort Lauderdale, or another SE Florida city. We can discuss the market, current trends and how we can work together to accomplish your real estate goals. I am here 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
