Market Report From John & Johanne (Gosselin) Sabia
Fort Lauderdale, FL 33301
Single-Family Homes
EXP Realty | 954.850.2397
Fort Lauderdale, FL 33301
Fri Apr 19 2024
This week the median list price for Fort Lauderdale, FL 33301 is $5,724,500 with the market action index hovering around 30. This is an increase over last month's market action index of 27. Inventory has decreased to 82.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Home sales have been exceeding new inventory for several weeks. While still a Buyer's market, prices seem to have responded by moving upward. If the demand trends continue, expect prices to keep marching upward, especially once we see a Seller's Market.
Real-Time Market Profile
| Median List Price | $5,724,500 | |
| Median Price of New Listings | $2,695,000 | |
| Per Square Foot | $1,303 | |
| Average Days on Market | 165 | |
| Median Days on Market | 119 | |
| Price Decreased | 43% | |
| Price Increased | 2% | |
| Relisted | 11% | |
| Inventory | 82 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $12,474,500 | 7,560 | 0.25 - 0.5 acre | 6 | 8 | 7 | 0 | 1 | 157 |
| $7,595,000 | 5,742 | 0.25 - 0.5 acre | 5 | 6 | 19 | 1 | 0 | 147 |
| $4,125,000 | 3,710 | 0.25 - 0.5 acre | 4 | 4 | 43 | 1 | 0 | 91 |
| $1,995,000 | 2,516 | 6,500 - 8,000 sqft | 3 | 3 | 68 | 3 | 2 | 119 |