HOMESbyRP of eXp Realty / Richard Pearrell

Fort Lauderdale, FL

Single-Family Homes

https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061 /



Fort Lauderdale, FL

Tue Jul 01 2025
This week the median list price for Fort Lauderdale, FL is $840,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 1,351. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Fort Lauderdale, FL

Tue Jul 01 2025
This week the median list price for Fort Lauderdale, FL is $840,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 1,351. 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 Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Fort Lauderdale market.
Median List Price $840,000
Median Price of New Listings $672,000
Per Square Foot $489
Average Days on Market 146
Median Days on Market 91
Price Decreased 39%
Price Increased 1%
Relisted 9%
Inventory 1,351
Median Rent
Market Action 29
Slight Buyer'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
$3,767,500 3,988 0.25 - 0.5 acre 5 4.5 24 9 19 140
$1,188,500 2,098 6,500 - 8,000 sqft 4 3 62 19 20 112
$637,000 1,516 6,500 - 8,000 sqft 3 2 65 18 43 77
$410,000 1,226 4,500 - 6,500 sqft 3 2 63 26 27 56