Fort Lauderdale Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
4.2% YoY
Median Price/Sqft
1.7% YoY
No. of Transactions
-12.1% YoY
County Median Sale Price
8.4% YoY
In Q2, the median home sale price in Fort Lauderdale was $500K, a change of 4.2% year-over-year. There were a total of 1275 transactions, down -12.1% compared to the same period last year. In Q2, the median price per square foot was $357, a change of 1.7% year-over-year. The median home sale price in Broward County was $425K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Broward County
Ranking | City | Median Sale Price |
---|---|---|
1 | Southwest Ranches | $1,800,000 |
2 | Parkland | $1,185,000 |
3 | Weston | $787,500 |
4 | Lighthouse Point | $770,000 |
5 | Cooper City | $680,000 |
6 | Coral Springs | $600,000 |
7 | Wilton Manors | $599,500 |
8 | Miramar | $550,000 |
9 | Davie | $512,500 |
10 | Fort Lauderdale | $500,000 |
11 | Pembroke Pines | $489,000 |
12 | Plantation | $480,000 |
13 | Hollywood | $462,500 |
14 | West Park | $415,000 |
15 | Sunrise | $363,500 |
16 | Pompano Beach | $360,000 |
17 | North Lauderdale | $335,000 |
18 | Coconut Creek | $319,500 |
19 | Hallandale Beach | $319,000 |
20 | Tamarac | $310,000 |
21 | Dania Beach | $290,000 |
22 | Margate | $285,000 |
23 | Oakland Park | $279,000 |
24 | Deerfield Beach | $271,700 |
25 | Lauderhill | $204,000 |
26 | Lauderdale Lakes | $187,500 |
Residential Property Types Sold in Fort Lauderdale
Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
---|---|---|---|---|---|
Condo | $445K | 8.2% | - | - | 480 |
House | $540K | 2.9% | $357 | 1.7% | 795 |
In Q2, the median sale price for houses in Fort Lauderdale was $540K, showing no significant change year-over-year. Fort Lauderdale condos on the other hand, showed positive pricing trends, gaining 8.2% year-over-year. As a result, the Q2 median sale price for condos in Fort Lauderdale reached $445K.
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