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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
May 2025 ~ From Staging to Selling: Maximize Your Home’s Value Today!
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Whether you’re preparing to sell or simply want to fall in love with your space all over again, this month’s newsletter is packed with value-driven insights tailored just for your home. As your trusted real estate expert, I’ve curated practical, high-impact strategies that not only increase your home’s value but also elevate its desirability in today’s competitive market. Inside, you’ll discover: As always, I have also included the Area Market Report to keep you informed of the real estate trends in our city. Every article is designed to help you make informed decisions, add meaningful value, and stay one step ahead in your real estate journey. Let’s turn your home into the hottest property on the block. Dive in below! Warm regards, |
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National Stories
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Real Estate Updates | Area Reports | March 2025
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Fort Lauderdale March 2025 Area Report
Fort Lauderdale March 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
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 area 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 February 2025 Area Report
Fort Lauderdale February 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
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. Please contact me if you would like to be sent updated area 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 January 2025 Area Report
Fort Lauderdale January 2025 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
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:
Please contact me if you would like to be sent updated area 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 December 2024 Area Report
Fort Lauderdale December 2024 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
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:
Please contact me if you would like to be sent updated area 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.
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 353579
Fort Lauderdale November 2024 Area Report
Fort Lauderdale November 2024 real estate statistics have been released.
Fort Lauderdale Area Reports
Single Family Homes
Condominium & Townhouses
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:
Please contact me if you would like to be sent updated area 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.
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 353579
