The Pearl Antonacci Group

Fort Lauderdale, FL

Single-Family Homes

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Fort Lauderdale, FL

Thu Oct 06 2022
This week the median list price for Fort Lauderdale, FL is $900,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 623. Click here to stay informed with the Fort Lauderdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fort Lauderdale, FL

Thu Oct 06 2022
This week the median list price for Fort Lauderdale, FL is $900,000 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 623. Click here to stay informed with the Fort Lauderdale market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fort Lauderdale market.
Median List Price $900,000
Median Price of New Listings $679,000
Per Square Foot $448
Average Days on Market 84
Median Days on Market 56
Price Decreased 43%
Price Increased 6%
Relisted 11%
Inventory 623
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,500,000 3,966 0.25 - 0.5 acre 4 5 21 11 12 91
$1,280,000 2,409 8,000 - 10,000 sqft 3 3 62 11 26 63
$673,450 1,712 6,500 - 8,000 sqft 3 2 63 26 21 42
$367,250 1,296 6,500 - 8,000 sqft 3 2 61 21 39 42