Fort Lauderdale Homes for Sale – Median Prices Soften

Fort Lauderdale Homes for Sale
Real Estate Update January 2015

In this Months Real Estate Guide to Fort Lauderdale Homes for Sale – we note that median prices overall AND for new listings are softening.

The median price for a Fort Lauderdale home for sale is down from $360,000 to $350,000 – a decrease of over $10,000 from August / September last year.

The median price for a new listing in January 2015 is down from $329,000 to $314,000 – a decrease of $15,000 from August / September 2014.

Important to note is the declining trend in median list price to square foot prices for new listings of Fort Lauderdale homes for sale – down now to $157.00 per square foot.

Median prices are based on 3 Bedroom 2 Bathroom Fort Lauderdale Homes for Sale.

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Fort Lauderdale Homes – Jan / Feb 2015 Sales Update

Fort Lauderdale Home Sales
Median Prices Up for 2014

 Prices for Fort Lauderdale Home sales in 2014 have risen from a median of $255,000 in January of 2014 to a median of $285,000 in December 2014 – an increase of $30,000 or a rise of 11.7%

If we look at median prices for December 2014 and compare them to median price in December 2011 – the median price at $285,000 is up by $100,000!

Despite a softening in list prices for Fort Lauderdale homes currently for sale in January 2015 – this 11.7% increase in 2014 combined with a $100,000 increase when comparing Dec 2011 to Dec 2014 is encouraging news and a very positive indicator for Fort Lauderdale real estate .

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Fort Lauderdale New Construction Homes

New Construction Homes
Summary Market Analysis

There are currently 163  Fort Lauderdale new construction homes for sale – based on MLS Data.

63 of these new construction homes are priced under $1 Million dollars with a median price of $674,990

100 of the new construction homes for sale are priced over $1 Million dollars with a median price of $2,495,990

In this post we look at prices, prices per square foot, give a pricing guide showing new construction homes for sale by price point.

We also look at luxury new construction homes and luxury new construction waterfront homes

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Fort Lauderdale Luxury Waterfront Sales Up 30% in 3 Yrs

Fort Lauderdale Luxury Homes

Fort Lauderdale is famous for its luxury homes – especially its million dollar luxury waterfront homes.

The number of luxury million dollar Fort Lauderdale waterfront homes sold in 2013 and again in 2014 are both up by over 30% from 2012’s sales reflecting strong and sustained demand for luxury waterfront homes here in Fort Lauderdale!

This rise has seen median sales prices for luxury Fort Lauderdale waterfront homes in this price range has increased from $1,378,500 to $1,539,513 in the last 3 years – with median square foot sales prices increasing from $337.00 – $388.00 – up by 15%. 

We review and discuss Fort Lauderdale luxury waterfront home sales home sales in more detail…

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