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

SE Florida Market Snapshot – May 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
SL 3535792

South Florida Boaters – Is Your Marina Hurricane-Approved?
🌪️🚤 Is Your Marina Hurricane-Approved with Your Insurance?? 🛥️🌴
🚨 South Florida Boaters — This One’s for You! 🚨
As your trusted real estate advisor, I want to make sure you stay prepared through the end of hurricane season — especially if you secure your boat at a local marina.
🌀 Step One: Is Your Marina Hurricane-Approved?
Not all marinas are created equal. A hurricane “approved” marina is one that’s located in a protected zone (like the Miami River) or has reinforced infrastructure and hurricane-rated storage — think dry stack storage built to withstand Category 4–5 winds. “Hurricane-approved” isn’t a standardized certification. Contact your insurance provider to find out if your policy covers your vessel in that specific marina, each policy is specific to the vessel coverage and marina location.
📄 How This Impacts Boat Owners’ Insurance
Your marina choice can directly affect your coverage and claims:
• Policy Validity During Named Storms. Some insurers require boats to be stored in hurricane-approved facilities to maintain full coverage during a storm. If your boat is left in an unprotected area, your claim could be denied.
• Premiums and Deductibles. Storing in a certified marina may reduce premiums or deductibles, as it lowers the insurer’s risk exposure.
• Haul-Out Reimbursement. Certain policies reimburse haul-out costs if the marina follows a formal hurricane prep protocol.
• Proof of Compliance. Insurers may ask for documentation showing your boat was stored according to policy guidelines—especially if damage occurs.
📞 Call your marina NOW and ask:
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Are you hurricane-rated or located in a designated hurricane safe zone?
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What’s your official hurricane preparation protocol for boat owners?
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Do you offer haul-out services before a storm?
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Do you guarantee space if a storm is forecasted?
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Is my insurance valid if the marina isn’t hurricane rated?
⚓ If your marina is not hurricane-certified, ask what their plan is when a storm is approaching. Some offer temporary haul-outs, trailer storage, or referrals to inland facilities. You may need to coordinate alternate storage or transport well in advance — space fills up FAST.
✅ Pro Tips:
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📆 Don’t wait — get on a hurricane haul-out list now, not when a storm is named.
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📝 Review your boat insurance policy to ensure you’re covered for named storms.
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📍 Store key documents, marina contact info, and your boat’s GPS location in a waterproof container (and in the cloud).
I care about your home and your lifestyle, and that includes your time on the water. Let’s make sure your investment is protected from all angles this season. 🌦️
If you need a list of marinas near your neighborhood that offer strong structural integrity, just shoot me a message — I’m happy to help! 💬
Stay safe, stay prepared!
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
10 Meaningful Ways to Honor Fallen Veterans on Memorial Day
10 Meaningful Ways to Honor Fallen Veterans on Memorial Day 2025
Memorial Day 2025, observed on Monday, May 26, is more than the unofficial start of summer—it’s a sacred day to remember and honor the brave men and women who gave their lives in service to the United States. As we gather with family and friends, it’s important to take time to reflect on the sacrifices made for our freedom.
Whether you’re planning a quiet moment of remembrance or a community event, here are 10 meaningful ways you can honor fallen veterans this Memorial Day.
1. Attend a Local Memorial Day Ceremony
Check your local community calendar for Memorial Day parades, ceremonies, or dedications. These events often feature speeches from veterans, wreath-laying, and moments of silence that foster a sense of collective gratitude.
2. Visit a Veterans’ Cemetery
Take a moment to walk through a nearby veterans’ cemetery. Placing flowers or flags on graves is a respectful way to honor the fallen and reflect on their service. Many national cemeteries welcome volunteers for this purpose during Memorial Day weekend.
3. Pause for the National Moment of Remembrance
At 3:00 p.m. local time on Memorial Day, Americans are encouraged to pause in silence to remember those who died in military service. Set a reminder and take a minute to reflect, no matter where you are.
4. Display the American Flag Properly
Fly the U.S. flag at half-staff until noon, then raise it to full-staff until sunset. This tradition honors those who died while showing resilience and commitment to our country’s future.
5. Support Gold Star Families
Gold Star Families are those who have lost a loved one in military service. Reach out with a kind gesture—a card, flowers, or simply listening. Many organizations also accept donations to help these families year-round.
6. Donate to Veterans’ Organizations
Give back by donating to nonprofits that support veterans and their families. Organizations like the Wounded Warrior Project, TAPS (Tragedy Assistance Program for Survivors), and Fisher House Foundation provide vital services and support.
7. Share Their Stories
Use social media to share stories of fallen soldiers, whether from your own family or community. Use hashtags like #MemorialDay2025, #HonorTheFallen, or #RememberAndHonor to contribute to a collective tribute.
8. Create a Memorial Day Tribute at Home
Decorate your home or front yard with flags, wreaths, or a red, white, and blue display. A chalk mural or handmade sign can serve as a simple but powerful tribute.
9. Watch a Memorial Day Documentary or Movie
Spend the evening watching a film or documentary that honors military service and sacrifice. Options like Saving Private Ryan, The Vietnam War (PBS), or Band of Brothers provide historical context and emotional depth.
10. Educate the Next Generation
Teach your children or younger family members about the true meaning of Memorial Day. Share family stories, read books about military heroes, or visit a museum dedicated to U.S. military history.
Why Honoring Memorial Day Matters
Memorial Day is a poignant reminder that freedom comes at a cost. By actively participating in ways to honor fallen veterans, we show respect, preserve history, and pass on a legacy of gratitude to future generations.
This Memorial Day 2025, let’s each do our part to ensure that the sacrifices of our heroes are never forgotten.
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
Florida Homebuyers: What You Need to Know About Closing Costs Before You Buy
Breaking Down Closing Costs: What Buyers in Southeast Florida Need to Know
Buying a home in Southeast Florida is an exciting journey, but the financial side—especially closing costs—can catch some buyers off guard. Understanding all possible and hidden fees ensures that you’re fully prepared when it’s time to sign the dotted line.
What Are Closing Costs?
Closing costs are the expenses and fees paid at the final stage of the home-buying process—usually ranging from 2% to 5% of the home’s purchase price. While buyers focus on securing a mortgage, it’s crucial to budget for these additional costs to avoid surprises.
Standard Closing Costs for Buyers
1. Loan-Related Fees
- Loan Origination Fee: Lenders charge this fee (typically 0.5%–1% of the loan amount) for processing and underwriting the mortgage.
- Discount Points: Buyers can pay points upfront to lower their interest rate over time.
- Application Fee: Some lenders charge an application fee to cover administrative costs.
2. Property-Related Fees
- Appraisal Fee: Before approving a loan, lenders require an appraisal, usually costing $300–$600.
- Home Inspection Fee: While not mandatory, inspections are essential and can cost $300–$500.
- Survey Fee: In Southeast Florida, certain properties may require a land survey, ranging from $350–$700.
3. Title and Legal Fees
- Title Search and Title Insurance: Protecting against ownership disputes, title search fees range from $200–$400, while title insurance can cost around 0.5% of the home’s price.
- Attorney Fees: While Florida doesn’t mandate attorneys for closings, hiring one for review may cost between $500–$2,000.
- Recording Fees: Florida counties charge a fee (usually around $50–$100) to officially record the deed and mortgage documents.
4. Prepaid Expenses
- Homeowners Insurance: Southeast Florida homes often require comprehensive insurance, paid upfront for the first year ($1,000–$3,000).
- Property Taxes: Buyers often need to prepay property taxes, which vary based on location and home value.
- Escrow Fees: Lenders may require several months’ worth of taxes and insurance payments held in escrow.
5. Buyer’s Agent Commission
As of July 2024, Florida requires buyers to sign a Buyer Broker Agreement before working with a real estate agent. This contract outlines the agent’s responsibilities and how their commission will be paid. Buyers can negotiate this fee with their agent, and in some cases, request that the seller covers it as part of the purchase contract.
How Buyer’s Agent Commissions Work Now
Traditionally, the seller covered the commission for both their agent and the buyer’s agent. However, under the new rules:
- Buyers must negotiate and agree on their agent’s commission upfront.
- The commission may be paid directly by the buyer or negotiated as part of the purchase offer.
- Sellers are no longer required to offer compensation to the buyer’s agent through MLS listings.
Hidden or Unexpected Fees Buyers Should Know
While the costs above are standard, buyers should also prepare for hidden fees that can add up quickly.
- HOA Transfer Fee: If the home is in a community with a homeowners association, expect transfer fees between $200–$500.
- Pest Inspection: In Florida’s humid climate, termite inspections are often required (~$100–$300).
- Flood Zone Determination Fee: Southeast Florida homes may fall within flood-prone areas, requiring an additional assessment fee (~$50–$150).
- Wire Transfer Fees: Sending funds for closing may incur bank fees (~$25–$50 per transaction).
- Courier Fees: If physical document transfers are needed, courier services might charge $30–$100.
How Buyers Can Reduce Closing Costs
- Negotiate with the Seller: In a buyer’s market, sellers may agree to cover certain fees.
- Shop for Lenders: Different lenders have varying origination and application fees.
- Check for First-Time Buyer Assistance: Florida offers programs that help cover closing costs for eligible buyers.
Understanding and preparing for closing costs is essential to avoid surprises and ensure a smooth homebuying experience in SE Florida. When you know what to expect, you can budget more effectively and move into your new home with confidence.
If you’re planning to buy a home in SE Florida and want expert guidance every step of the way, I’m here to help you navigate the process from start to finish—transparently and stress-free.
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
SE Florida Market Snapshot – April 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
SL 3535792

The Do’s and Don’ts of Home Staging in SE Florida
The Do’s and Don’ts of Home Staging in Southeast Florida: A Local Realtor’s Tips to Selling Faster and Smarter
Hello friends and future sellers! If you’re preparing to sell your home in beautiful Southeast Florida, one of the most powerful tools you have at your disposal is home staging. As a real estate professional who’s helped many clients sell quickly and for top dollar, I can’t stress enough how much of a difference the right staging strategy can make—especially in our unique tropical market.
Buyers in SE Florida aren’t just shopping for a home; they’re often chasing a dream lifestyle. Whether they’re snowbirds, retirees, or families relocating for the sunshine, they’re picturing morning coffee on the lanai, ocean breezes through open windows, and bright, airy spaces. So let’s help them see that vision.
Here are my top Do’s and Don’ts of Home Staging in Southeast Florida:
________________________________________
DO: Embrace Natural Light

Why it matters: Florida sunshine is one of our biggest selling points! Buyers want bright, cheerful interiors.
Tips:
• Open all blinds and curtains before showings
• Wash windows inside and out for maximum sparkle
• Use mirrors strategically to reflect light and create a sense of space
________________________________________
DON’T: Overcrowd Your Furniture

Why it matters: Even spacious homes can feel cramped if there’s too much furniture.
Tips:
• Remove oversized or excess furniture
• Aim for open walkways and clear focal points
• Consider renting stylish, coastal-modern pieces
________________________________________
DO: Highlight Outdoor Living Spaces

Why it matters: Patios, pools, and lanais are golden in SE Florida real estate.
Tips:
• Stage outdoor areas with clean, inviting furniture
• Add greenery or colorful pillows for a resort-like vibe
• Power wash decks, clean pool tiles, and remove clutter
________________________________________
DON’T: Go Too Coastal and DO: Neutralize Bold Colors

Why it matters: While a beachy touch is great, going overboard can make your home feel kitschy instead of classy.
Tips:
• Think elegant coastal, not souvenir shop
• Stick with soft blues, whites, and neutrals
• Use subtle accents instead of heavy sea-themed decor
Why it matters: While tropical colors are fun, buyers need to picture their life in your space.
Tips:
• Repaint bright walls in soft, neutral tones
• Add color through accessories, not paint
• Let natural lighting and layout shine
________________________________________
DON’T: Forget the Smell Test

Why it matters: Our humid climate can bring unwanted odors, especially in older or coastal homes.
Tips:
• Use dehumidifiers to keep things fresh
• Avoid overpowering air fresheners
• Deep clean carpets and upholstery if pets live in the home
________________________________________
DO: Keep It Cool and Comfortable

Why it matters: Buyers want to linger—and no one wants to linger in a hot, stuffy house.
Tips:
• Set the A/C to a comfortable 72–74°F
• Use ceiling fans for gentle air flow
• Offer bottled water during open houses
________________________________________
DO: Boost Curb Appeal

Why it matters: First impressions happen fast—often from the car window!
Tips:
• Freshen up landscaping with trimmed hedges, flowers, and a mowed lawn
• Add a new welcome mat or paint the front door
• Make sure house numbers are clean and visible
________________________________________
DON’T: Overlook Small Repairs

Why it matters: Buyers notice the little things—and they can signal bigger problems.
Tips:
• Fix leaky faucets, squeaky doors, chipped paint, or cracked tiles
• Replace burnt-out bulbs and tighten loose handles
• Even minor touch-ups can add big value
________________________________________
DO: Hire a Professional Cleaning Service

Why it matters: A truly spotless home feels more luxurious, cared-for, and move-in ready.
Tips:
• Deep clean bathrooms, kitchens, baseboards, and windows
• Don’t forget appliances—buyers open ovens, fridges, and even dishwashers
• A professional cleaning before listing is worth every penny
________________________________________
Selling a home in SE Florida is about more than just listing it—it’s about presenting a lifestyle. Proper home staging helps buyers fall in love from the moment they walk in. It tells them, “this is it—the Florida dream.”
If you’re unsure where to start or you’d like a to schedule a consultation, I’m always here to help. I’ve assisted many clients through the process to make their home shine.
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

