Market Report From John & Johanne (Gosselin) Sabia

Fort Lauderdale, FL

Single-Family Homes

EXP Realty | 954.850.2397



Fort Lauderdale, FL

Thu Mar 28 2024
This week the median list price for Fort Lauderdale, FL is $1,040,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 882. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fort Lauderdale, FL

Thu Mar 28 2024
This week the median list price for Fort Lauderdale, FL is $1,040,000 with the market action index hovering around 33. This is about the same as last month's market action index of 33. Inventory has decreased to 882. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fort Lauderdale market.
Median List Price $1,040,000
Median Price of New Listings $830,500
Per Square Foot $550
Average Days on Market 125
Median Days on Market 77
Price Decreased 45%
Price Increased 4%
Relisted 11%
Inventory 882
Median Rent
Market Action 33
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
$5,699,500 4,470 0.25 - 0.5 acre 5 5.5 19 8 12 136
$1,490,000 2,318 8,000 - 10,000 sqft 4 3 62 17 20 77
$779,000 1,607 6,500 - 8,000 sqft 3 2 64 23 23 49
$435,000 1,300 6,500 - 8,000 sqft 3 2 66 26 26 63