Market Report May 1, 2023

Fort Lauderdale Market Snapshot

Happy May Day!

Fort Lauderdale, FL has an active real estate market. Here are the April, 2023 Market Snapshot reports for both Single Family Homes and Condos.

Be sure to sign up for future blogs for monthly Fort Lauderdale updates or sign up for your specific desired Neighborhood News updates for the area of your choice at: https://annettedammeyer.com/neighborhood-news.


April 1st-30th Single Family Home Market Snapshot


April 1st-30th Condominium Market Snapshot


Stay on top of the local real estate market by signing up for future blogs by entering your email in subscribe link on my blog page! Contact me for any questions you may have or to discuss how I can help you with your real estate goals.

Annette Dammeyer, REALTOR

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 April 7, 2023

Fort Lauderdale Area Reports

March 2023 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.


Fort Lauderdale Area Report for Single Family Homes:


Fort Lauderdale Area Report for Condominiums and Townhomes:


Please contact me if you would like to be automatically sent updated area market reports for Fort Lauderdale or another SE Florida city. I am here to help.

Let’s start working together!

Annette Dammeyer, REALTOR

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