Florida Real Estate Market Trends April 1, 2025

SE Florida Market Snapshot – March 2025

Market Trends in SE Florida

The real estate market is adjusting. The most obvious trends are fewer number of properties sold and the increase in months of supply of inventory, leaning towards a “buyer’s market”. Seller’s are now reassessing their asking price on their properties for sale. This is a great time to consider a decrease in asking price if the property has been on the market without active offers. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month (compared to the same month last year) for the following areas:

  • Fort Lauderdale
  • Wilton Manors
  • Hollywood
  • Dania Beach
  • Hallandale Beach

These take into account all property types (Single Family Homes/Condos/Townhomes).



With the rapidly changing real estate market, now is the time to make informed decisions. Contact me today to discuss the current market trends and how we can work together to accomplish your real estate goals. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your specific neighborhood. 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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Florida Real Estate Market Trends March 10, 2025

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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Florida Real Estate Market Trends February 28, 2025

SE Florida Market Snapshot – February 2025

Market Trends in SE Florida

The real estate market is adjusting. The most obvious trend is the increase in inventory and the months of supply leaning towards a “buyer’s market”. Seller’s are now reassessing their asking price on their properties for sale. This is a great time to consider a decrease in asking price if the property has been on the market without active offers. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month for the following areas:

  • Fort Lauderdale
  • Wilton Manors
  • Hollywood
  • Dania Beach
  • Hallandale Beach

These take into account all property types (Single Family Homes/Condos/Townhomes).



With the rapidly changing real estate market, now is the time to make informed decisions. Contact me today to discuss the current market trends and how we can work together to accomplish your real estate goals. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your specific neighborhood. 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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Florida Real Estate Market Trends February 11, 2025

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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Florida Real Estate Market Trends January 31, 2025

SE Florida Market Snapshot – January 2025

Market Trends in SE Florida

The following snapshots reflect the first month of 2025 in the SE Florida real estate market. The most obvious trend is the increase in inventory. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month for the following areas:

  • Fort Lauderdale
  • Wilton Manors
  • Hollywood
  • Dania Beach
  • Hallandale Beach

These take into account all property types (Single Family Homes/Condos/Townhomes).


 


More homes on the market = more property options and less competition! Contact me today to discuss the current market trends and how we can work together to accomplish your real estate needs. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your specific neighborhood. 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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Home Sellers and Buyers January 21, 2025

What to Look for During a Home Inspection

What to Look for During a Home Inspection: A Real Estate Professional’s Guide

Whether you’re buying a home or selling one, a home inspection is a vital step that can save you time, money, and stress. As an experienced real estate professional, I’ve helped both buyers and sellers navigate the inspection process. Here’s what you need to know to make the most of this crucial stage, whether you’re preparing to close on a home or getting your property ready for the market.

Why a Home Inspection Matters for Buyers and Sellers

For buyers, a home inspection is your chance to uncover potential issues before finalizing your purchase. It provides peace of mind and ensures you’re making a sound investment. For sellers, a pre-listing home inspection helps you identify and address problems upfront, streamlining the selling process and potentially increasing your home’s value.

Key Areas to Focus On During a Home Inspection

1. Foundation and Structure

For both buyers and sellers, the foundation is critical to a home’s integrity. Look for:

  • Cracks in walls, floors, or ceilings.
  • Doors or windows that stick or don’t align properly.
  • Uneven floors or signs of settling.

2. Roof and Attic

A damaged roof can deter buyers and lead to expensive repairs. Check for:

  • Missing, curling, or damaged shingles.
  • Signs of water damage or leaks.
  • Proper ventilation in the attic to prevent mold and mildew.

3. Plumbing System

Plumbing issues can be costly if overlooked. Pay attention to:

  • Water pressure and flow in all faucets and showers.
  • Signs of leaks under sinks or in visible pipes.
  • The condition of the water heater, including its age and potential rust.

4. Electrical System

Outdated or faulty electrical systems can pose safety hazards. Look for:

  • Outlets that don’t work or are outdated (two-prong instead of grounded three-prong).
  • Exposed wiring or overloaded breaker panels.
  • The age and condition of the electrical panel.

5. HVAC System

Heating, ventilation, and air conditioning systems impact comfort and energy efficiency. Ask about:

  • The age and maintenance history of the furnace and air conditioner.
  • Visible signs of wear or unusual noises during operation.
  • Proper insulation and ductwork.

6. Windows and Doors

Energy efficiency and security depend on well-maintained windows and doors. Inspect for:

  • Drafts or difficulty opening and closing.
  • Cracks or condensation between panes in double-paned windows.
  • Adequate weatherstripping to prevent energy loss.

7. Basement and Crawl Spaces

Moisture issues in these areas can lead to bigger problems. Look for:

  • Signs of water intrusion, such as dampness or a musty smell.
  • Cracks in the foundation walls.
  • Evidence of termites or other pests.

8. Exterior Features

The home’s exterior sets the first impression and protects it from the elements. Examine:

  • The condition of siding, brick, or stucco.
  • Drainage around the property to ensure water flows away from the foundation.
  • Decks, patios, and fences for rot or structural issues.

Benefits of a Pre-Listing Inspection for Sellers

A pre-listing inspection offers sellers several advantages:

  • Avoid Surprises: Address issues before buyers discover them.
  • Streamline Negotiations: Reduce the likelihood of repair requests or credits.
  • Enhance Marketability: Showcase your home as move-in ready.

Additional Tips for Buyers and Sellers

  • Be Present: Attend the inspection to ask questions and see issues firsthand.
  • Hire a Qualified Inspector: Look for licensed and experienced professionals with good reviews.
  • Request a Detailed Report: Ensure the inspector provides a comprehensive report with photos and descriptions of any concerns.
  • Prioritize Repairs: For sellers, focus on cost-effective fixes that add value and attract buyers.

What to Do After the Inspection

For Buyers:

  • Review the report with your real estate agent.
  • Negotiate repairs or credits with the seller if necessary.
  • Decide to move forward with the purchase, renegotiate, or walk away if issues are significant.

For Sellers:

  • Use the inspection report to make strategic repairs.
  • Highlight completed repairs in your listing to attract buyers.
  • Work with your agent to set a competitive price based on the home’s condition.

Whether you’re buying or selling, a home inspection is a valuable tool for making informed decisions. By addressing potential issues upfront and working with trusted professionals, you can ensure a smoother transaction and a better outcome.

 


If you’re navigating the real estate process and have questions about inspections or other steps, feel free to reach out. I’m here to guide 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 353579

Florida Real Estate Market Trends January 16, 2025

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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 353579

Florida Real Estate Market Trends January 3, 2025

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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 353579

 

 

Florida Real Estate Market Trends January 3, 2025

SE Florida Market Snapshot – December 2024

Market Trends in SE Florida

Happy New Year! The real estate market is ever-evolving. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month for the following areas:

  • Fort Lauderdale
  • Wilton Manors
  • Hollywood
  • Dania Beach
  • Hallandale Beach

These take into account all property types (Single Family Homes/Condos/Townhomes).



Contact me today to discuss the changes in real estate including Buyer or Seller representation contracts or current market trends. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your neighborhood. 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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792

Florida Real Estate Market Trends December 2, 2024

SE Florida Market Snapshot – November 2024

Market Trends in SE Florida

It is December already! The real estate market is ever-evolving. I welcome any discussions you may want to have regarding your neighborhood or some of the headlines that have affected the real estate market. Please reach out to chat, even if you are not ready to buy or sell, but just would like to discuss current trends and updates. Here are the Market Snapshots reflecting the last month for the following areas:

  • Fort Lauderdale
  • Wilton Manors
  • Hollywood
  • Dania Beach
  • Hallandale Beach

These take into account all property types (Single Family Homes/Condos/Townhomes).



Contact me today to discuss the changes in real estate including Buyer or Seller representation contracts or current market trends. Please call or email me if you would like to be automatically sent detailed market reports for Fort Lauderdale, another SE Florida city, or your neighborhood. 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

Annette.Dammeyer@cbrealty.com

www.AnnetteDammeyer.com

SL 3535792