HOMESbyRP, LLC 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

Wed Oct 21 2026
This week the median list price for Fort Lauderdale, FL is $847,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 899. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Fort Lauderdale, FL

Wed Oct 21 2026
This week the median list price for Fort Lauderdale, FL is $847,000 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 899. 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

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Fort Lauderdale market.
Median List Price $847,000
Median Price of New Listings $579,000
Per Square Foot $505
Average Days on Market 175
Median Days on Market 98
Price Decreased 34%
Price Increased 1%
Relisted 11%
Inventory 899
Median Rent
Market Action 30
Slight Seller's Advantage

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$5,199,999 4,638 8,000 - 10,000 sqft 5 5 9 5 7 168
$1,299,000 2,063 4,500 - 6,500 sqft 3 3 66 8 15 91
$600,000 1,496 4,500 - 6,500 sqft 3 2 67 14 17 84
$399,900 1,168 4,500 - 6,500 sqft 3 2 60 18 26 70