Artists rendering of Fort Lauderdale new construction home for sale

Fort Lauderdale New Construction Homes

New Construction Homes
Summary Market Analysis

 There are currently 110 x Fort Lauderdale new construction homes for sale – based on MLS Data.

46 of these new construction homes are priced under $1 Million dollars with a median price of $693,448

64 of the new construction homes for sale are priced over $1 Million dollars with a median price of $2,397,500

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

Here is the market analysis report for these new construction homes for sale.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 7 8 10,000 $8,950,000 $1,044
Low 3 2 1,440 $149,000 $0
Average 5 4.5 4,621 $2,044,459 $394
Median 5 4.5 4,500 $1,450,000 $310

 

We can see from this report that the average price for a Fort Lauderdale new construction home for sale is $2,044,459 and the median is $1,450,000.

Both the average and median prices are based on 5 bedroom homes with 4.5 bathrooms.

Important to note are the average and median list price to square foot prices at between $310.00 and $394.00 respectively.

New Construction Homes
Pricing Analysis

Here is the pricing analysis report for Fort Lauderdale new construction homes for sale.

Price Range Quantity
$149,999 or under 1
$150,000 – $199,999 3
$200,000 – $249,999 2
$250,000 – $299,999 3
$300,000 – $349,999 2
$350,000 – $399,999 1
$400,000 – $449,999 0
$450,000 – $499,999 1
$500,000 – $549,999 1
$550,000 – $599,999 3
$600,000 – $699,999 6
$700,000 – $799,999 8
$800,000 – $899,999 9
$900,000 – $999,999 6
$1,000,000 or over 64
Total 110

 

We can see from this report the inventory of new construction homes for sale for each price range.

Important to note is that the largest inventory of Fort Lauderdale new construction homes for sale are homes priced at $1 Million or over!

Don’ t be disappointed if you looking for new construction homes under $1 Million – as there are 46 homes for sale.  The key factor to note however is the limited number of new construction homes for sale by price range especially for homes priced under $600,000.  

Rendering of a luxury new construction home for sale here in Fort Lauderdale

New Construction Homes
Priced Under $1 Million

There are currently 46 x Fort Lauderdale new construction homes for sale priced under $1 Million.

The market analysis report for these homes is presented below.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 6 5 4,500 $999,000 $987
Low 3 2 1,440 $149,000 $0
Average 4 3 3,012 $631,250 $230
Median 4 3 3,003 $693,448 $218

 

We can see from this report that the average price for a new construction home priced under $1 Million is $631,250 and the median price is $693,448.

Both the average and median prices are based on 4 bedroom 3 bathroom homes of between 3003 and 3012 square feet.

Again it is important to note the average and median list price to square foot prices – at $218.00 to $230.00.

Luxury New Construction Homes
Priced Over $1 Million

There are currently 64 x Fort Lauderdale new construction homes for sale priced over $1 Million.

The market analysis report for these homes is presented below.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 7 8 10,000 $8,950,000 $1,044
Low 4 3 2,924 $1,060,000 $0
Average 5 5 5,620 $3,060,203 $498
Median 5 5 5,338 $2,397,500 $460

 

We can see from this report that the average price for a new construction home priced over $1 Million is $3,060,203 and the median price is $2,397,500.

Both the average and median prices are based on 5 bedroom 5 bathroom homes of between 5338 and 5620 square feet.

Again it is important to note the average and median list price to square foot prices – at $460.00 to $498.00.

Aerial view of a luxury new construction watefront home for sale with dock

Luxury New Construction Waterfront Homes
Priced over $1 Million

Of the 64 x Luxury Fort Lauderdale new construction homes for sale priced over $1 Million 40 are luxury new construction waterfront homes for sale

The market analysis report for these luxury waterfront homes is presented below.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt LP$/SqFt
High 6 8 8,908 $8,950,000 $1,044 $1,044
Low 4 3 2,924 $1,076,391 $0 $0
Average 5 5.5 5,889 $3,805,860 $588 $588
Median 5 5 5,682 $3,245,000 $590 $590

 

We can see from this report that the average price for a new construction luxury waterfront home priced over $1 Million is $3,805,860 and the median price is $3,245,000.

Both the average and median prices are based on 4 bedroom 3 bathroom homes of between 3003 and 3012 square feet.

Again it is important to note the average and median list price to square foot prices – at $588.00 to $590.00.

Kevin Wirth - Fort Lauderdale Realtor

My Thoughts  / Summary

 110 New Construction homes listed on the MLS represents maybe 50% of all new construction projects I see in and around Fort Lauderdale.

Many builders/developers prefer to wait till the home is nearing or finished completion prior to listing the new construction home for sale.

Important to note however is momentum for Fort Lauderdale new construction homes which seems to be increasing literally each and every month – a sign of a strong real estate market! 

I hope you have enjoyed this post on Fort Lauderdale New Construction Homes for Sale – by Kevin Wirth Realtor