Fort Lauderdale, FL
Housing market overview · Updated weekly
$645,000median sale price
Homes sold
114
Last 12 weeks
Days on market
104
Average pace
Active listings
2,614
22.9 months supply
Sale-to-list
94.1%
Below asking
The Fort Lauderdale housing market is currently classified as a buyer's market with a median sale price of $645,000. Prices have risen 2.9% compared to last year, with homes spending an average of 104 days on market, indicating 22.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Fort Lauderdale?
The median home sale price in Fort Lauderdale is $645,000, up 2.9% from last year.
How long do homes stay on market in Fort Lauderdale?
Homes typically spend 104 days on market before going under contract.
Is Fort Lauderdale a buyer's or seller's market?
With 22.9 months of supply, Fort Lauderdale is currently a buyer's market.
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