Homes for Sale

Fort Lauderdale
Homes for Sale

Search Fort Lauderdale Homes for Sale

Fort Lauderdale offers a great range of homes for sale…

From single family homes under $200,000 to luxury waterfront homes priced $2 Million or more – there is literally something for everyone.

Key Statistics for Buyers / Sellers

  • Prices from under $200,000 into $10’s of Millions

Median

  • List Price $620,000 ALL Homes for Sale
  • List Price $400,000 Non-Waterfront Homes for Sale

Median Non-Waterfront

  • Sales Price last 90 Days $249,000
  • Sales to List Price 97%
  • Days on Market 87 Days – down up from 42 Days in our last post!

Fort Lauderdale’s warm weather, beautiful “Blue Ribbon” Beaches and all the vibrant entertainment options give Fort Lauderdale home owners access to a wonderful lifestyle.

View of a mid-century Fort Lauderdale non-waterfront home for sale
View of a mid-century Fort Lauderdale non-waterfront home for sale

Fort Lauderdale Homes
Prices by Bedroom

Here is our pricing guide to Fort Lauderdale Non Waterfront Homes for sale based on median prices by bedroom:

Beds/Baths SF/FF List Price LP$/SqFt
2 / 1 1,401 $275,000 $238
3 / 2 1,813 $359,000 $219
4 / 3 3,055 $785,000 $289

We can see from this report that the median price for:

  • 2 Bedroom Non-Waterfront Homes for sale is $275,000– this being for a 2 bedroom 1 bathroom home of 1401 square feet with a list price to square foot price of $238.00  
  • 3 Bedroom  Non Waterfront Homes for sale is $359,000 this being for a 3 bedroom 2 bathroom home of 1813 square feet with a list price to square foot price of $219.00
  • 4 Bedroom  Non Waterfront Homes for sale is $785,000  this being for a 4 bedroom 3 bathroom home of 3055 square feet with a list price to square foot price of $289.00

Greater Fort Lauderdale
Homes for Sale

The number of Fort Lauderdale Homes for Sale increases even more if we look at what is known as “Greater” Fort Lauderdale.

Greater Fort Lauderdale Homes for sale includes homes for sale in both Fort Lauderdale and cities like: Lauderdale by the Sea, Pompano, Oakland Park and Wilton Manors.

Search Greater Fort Lauderdale Homes for Sale

View of a Fort Lauderdale pool home for sale in Las Olas Isles
View of a Fort Lauderdale pool home for sale in Las Olas Isles

Fort Lauderdale Homes
Market Analaysis

This month there are 1011 Fort Lauderdale homes for Sale – this down slightly from 1036 homes for sale as in our last post.

The market analysis report for these homes is presented below:

 $$ Beds/Baths SF/FF List Price
High 10/13 22,967 $32,000,000
Low 2 / 1 655 $25,000
Avg 4 / 3 3,595 $1,502,371
Med 3 / 2 2,496 $620,000

We can see that the median price for a Fort Lauderdale home for sale is $620,000 – this being for a 3 bedroom 2 bathroom home of 2496 square feet.

Also important to note is that median list prices for Fort Lauderdale Homes for Sale are up by $100,000 since our post for November / December 2015.

  • In November / December  2015 update the median price for a Fort Lauderdale home for sale was $518,000 – this being for a 3 bedroom 2 bathroom home of 1912 square feet.

The most expensive home is listed for sale for $32 Million – this being for a luxury Fort Lauderdale waterfront home.

This home is in exclusive Harbour Beach and the home is a waterfront estate that sits on 3 lots with 300 feet of linear waterfront!

Non-Waterfront
Homes for Sale

It is important to understand that when looking a Fort Lauderdale Homes for sale and homes prices that there is often a premium attached to waterfront homes for sale.

We can see this reflected in the market analysis report for the 641 x Fort Lauderdale non-waterfront homes for sale presented below.

$$  Beds/Baths SF/FF List Price
High 7 / 8 20,980 $3,499,000
Low 2 / 1 655 $25,000
Avg 3 / 2 2,380 $568,733
Med 3 / 2 2,000 $400,000

This report shows us that the median price for a Fort Lauderdale non-waterfront home for sale is $400,000 – this being for a 3 bedroom 2 bathroom home of 2000 square feet.

It is important to note that the median is well up from our last post for Nov / Dec 2015 when the median was $299,900this being for a smaller 3 bedroom 2 bathroom home of 1540 square feet.

View Fort Lauderdale new construction non-waterfront home for sale
View Fort Lauderdale new construction non-waterfront home for sale

Fort Lauderdale Homes
Price Analaysis

Here is the breakdown of Fort Lauderdale non-waterfront homes for sale by price 

Price Range Quantity
$149,999 or under 82
$150,000 – $199,999 60
$200,000 – $249,999 51
$250,000 – $299,999 50
$300,000 – $349,999 28
$350,000 – $399,999 45
$400,000 – $449,999 39
$450,000 – $499,999 36
$500,000 – $549,999 14
$550,000 – $599,999 26
$600,000 – $699,999 38
$700,000 – $799,999 45
$800,000 – $899,999 26
$900,000 – $999,999 16
$1,000,000 or over 85
Total 641

We can see from this report the number of Fort Lauderdale non-waterfront homes for sale in each of the above price ranges.

It is encouraging to note that we have a good  inventory of homes for sale across nearly all price points / price ranges

View most expensive non-waterfront home sold last 90 days in Coral Ridge Country Club
View most expensive non-waterfront home recently sold in Coral Ridge Country Club

Fort Lauderdale
Home Prices

Here is our pricing guide for Fort Lauderdale non waterfront homes based on sales over the last 90 Days / 3 months

$$  Beds/Baths SF/FF Sale Price
High 7 / 5 10,636 $2,750,000
Low 2 / 1 786 $110
Avg 3 / 2 2,028 $341,919
Med 3 / 2 1,789 $249,000

We can see that the median price for non waterfront homes sold in Fort Lauderdale over the last 3 months has been $249,000 – this being based on a 3 bedroom 2 bathroom unit of 1789 square feet.

In  our Nov / Dec 2015 update for Fort Lauderdale homes for sale the median price for non waterfront homes sold in Fort Lauderdale over the preceding 3 months was $250,000 – this being based on a 3 bedroom 2 bathroom unit of 1526 square feet.

Square Foot Prices

The market analysis report for square foot prices paid for non-waterfront homes over the last 3 months is presented below.

$$  SP$/SqFt
High $545
Low $0
Avg $188
Med $179

We can see from this report that the average sales price to square foot price has been $188.00 and the median has been $179.00 – the median is up from our last post.

In our last post the average sales price to square foot price was $213.00 and the median was $164.00

Important to note is how these square foot prices vary dramatically across our different Fort Lauderdale neighborhoods

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale non-waterfront homes – based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

$$  SP$/LP$
Avg 96%
Med 97%

We can see from this report that the average sales price to list price for Fort Lauderdale homes is 96%

What is important to note however is the median sales price to list price at 97% – which is the same as in our last post!

This means if a Fort Lauderdale non-waterfront home for sale is listed at $300,000 – then based on median sales data the home would sell for 97% of that amount or $291,000.

Days on Market

Days on market for Fort Lauderdale non-waterfront homes for sale is an important indicator on how our real estate market is preforming.

Here is the market analysis report for Days on Market based on home sales over the last 90 days

$$  Days on Market
Avg 112
Med 87

We can see from this report that the average days on market for a Fort Lauderdale Home for Sale is 112 days – well up  from 71 days as in our last post!

More importantly is the median days on market at just 87 days – which is also well up from 42 days in our last post!

Days on Market is the time from when the home was listed for sale till the home sold AND closed.

I hope you have enjoyed my post on Fort Lauderdale Homes for Sale  – Kevin Wirth Realtor – 954-459-0337

Kevin Wirth Realtor

Fort Lauderdale Neighborhoods

Fort Lauderdale like any city is broken down into neigbourhoods.

Here is a list of some of our cities most popular neighborhoods as well as links to information on Fort Lauderdale homes in each neighborhood – including homes for sale and recent sales data.

Fort Lauderdale NeighborhoodsClick each links for more Information
Bal Harbour / Lauderdale Isles
Bay Colony
Bermuda Riviera
BeverlyHeights/ColeeHammock
Coral Ridge Country Club
Coral Ridge
Coral Ridge Isles
Dolphin Isles
Harbor Beach
Imperial Point
Knoll Ridge
Lake Ridge
Las Olas Isles / Isles
Lauderdale Beach
Lauderdale Harbours
Middle River Terrace
Poinsettia Heights
Rio Vista
River Oaks
Riverside Park
Sailboat Bend
The Landings
Victoria Park

Waterfront Homes

Fort Lauderdale
Waterfront Homes for Sale

Search Waterfront Homes for Sale

Fort Lauderdale offers a superb range of waterfront homes and luxury waterfront homes for sale…

From single family homes under $300,000 to luxury waterfront homes priced upto $2 Million and then into the 10’s of Millions  – there is literally something for everyone.

Key Statistics for Buyers / Sellers

  • Prices from under $300,000 to 32 Million

Median Prices

  • List Price $2,212,500
    – 4 Bedroom 3 Bathroom Waterfront Home
  • Sales Price last 90 Days $837,500
    – 3 Bedroom 2 Bathroom Waterfront Home
  • Sales to List Price 96%
  • Days on Market 111 Days

Fort Lauderdale’s warm weather, the Intracoastal waterways the lead to the beautiful “Blue Ribbon” Beaches that reach into the Atlantic Ocean and across to the Caribbean and beyond…

Combined  with all the vibrant entertainment options give Fort Lauderdale waterfront home owners access to a wonderful lifestyle.

Aerial views of Fort Lauderdale waterfront homes for sale
Aerial views of Fort Lauderdale waterfront homes for sale

Waterfront Homes
Prices by Bedroom

Here is our guide to Fort Lauderdale Waterfront Homes for sale based on median prices by bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,812 $478,450 $392
3 / 2 2,347 $897,250 $435
4 / 3 4,074 $2,092,000 $540
5 / 5 6,516 $3,672,500 $658

We can see from this report that the median price for:

  • 2 Bedroom Waterfront Homes for sale is $478,450– this being for a 2 bedroom 2 bathroom home of 1812 square feet with a list price to square foot price of $392.00
  • 3 Bedroom Waterfront Homes for sale is $897,000 this being for a 3 bedroom 2 bathroom luxury home of 2347 square feet with a list price to square foot price of $435.00
  • 4 Bedroom Waterfront Homes for sale is $2,092,000 this being for a 4 bedroom 3 bathroom luxury home of 4074 square feet with a list price to square foot price of $540.00
  • 5 Bedroom Waterfront Homes for sale is $3,672,500 this being for a 5 bedroom 5 bathroom luxury home of 6516 square feet with a list price to square foot price of $658.00
View Fort Lauderdale new construction waterfront home for sale
View Fort Lauderdale new construction waterfront home for sale

Waterfront Homes
Market Analaysis

This month there are 370 Fort Lauderdale Waterfront Homes for Sale – as at time of writing this post!

This is up slightly from 362 waterfront homes for sale in our last for November / December 2015.

The market analysis report for these homes is presented below:

 $$ Beds/Baths SF/FF List Price
High 10/13 22,967 $32,000,000
Low 2 / 1 1,135 $235,000
Avg 4 / 4 5,325 $3,119,836
Med 4 / 3 4,543 $2,212,500

We can see that the median price for a Fort Lauderdale waterfront home for sale is $2,212,500this being for a 4 bedroom 3 bathroom home of 4543 square feet.

In our November / December 2015 post the median price for a Fort Lauderdale waterfront home for sale was $2,492,500 – this being for a 4 bedroom 4 bathroom home of 3963 square feet.

The most expensive home is listed for sale for $32 Million – this being for a luxury Fort Lauderdale waterfront home.

This home is in exclusive Harbor Beach and the home is a waterfront estate that sits on 3 lots with 300 feet of linear waterfront that offers deep-water dockage.

Greater Fort Lauderdale
Waterfront Homes

The number of Fort Lauderdale Homes for Sale increases even more if we look at what is known as “Greater” Fort Lauderdale – which offers over 1700 waterfront homes for sale

Median Prices also drop significantly as we can see below.

 $$ Beds/Baths SF/FF List Price
High 10/13 87,120 $32,000,000
Avg 4 / 3 4,727 $1,512,253
Med 4 / 3 3,996 $775,000

The median price for a waterfront home for sale across all of Greater Fort Lauderdale being $775,000for a 4 bedroom 3 bathroom 3996 square foot home.

In our post for the median price for a waterfront home for sale across all of Greater Fort Lauderdale was $699,000 – for a 4 bedroom 3 bathroom 3081 square foot home.

Greater Fort Lauderdale Homes for sale includes homes for sale in both Fort Lauderdale and cities like: Lauderdale by the Sea, Pompano, Oakland Park and Wilton Manors.

Greater Fort Lauderdale Waterfront Homes for Sale

View luxury Fort Lauderdale waterfront home for sale in Harbor Beach
View luxury Fort Lauderdale waterfront home for sale in Harbor Beach

Waterfront Homes
Price Analaysis

Here is the breakdown of Fort Lauderdale waterfront homes for sale by price

Price Range Quantity
$200,000 – $249,999 2
$250,000 – $299,999 3
$300,000 – $349,999 8
$350,000 – $399,999 7
$400,000 – $449,999 17
$450,000 – $499,999 15
$500,000 – $549,999 6
$550,000 – $599,999 12
$600,000 – $699,999 12
$700,000 – $799,999 6
$800,000 – $899,999 9
$900,000 – $999,999 11
$1,000,000 or over 262
Total 370

We can see from this report the number of Fort Lauderdale homes for sale in each of the above price ranges.

It is important to note the large inventory of luxury Fort Lauderdale waterfront homes that are priced at $1 Million or more with 262 homes for sale – which is down a little from our last post when there were 274 waterfront homes for sale in this price range!

These 262 luxury Fort Lauderdale waterfront homes for sale account for just over 70% of all Fort Lauderdale waterfront homes for sale!

View from Fort Lauderdale waterfront home recently sold - 2873 NE 25th Street Coral Ridge
View from a waterfront home recently sold – 2873 NE 25th Street in Coral Ridge

Fort Lauderdale
Waterfront Home Sales

Here is our pricing guide for Fort Lauderdale waterfront homes based on recent sales over the last 90 Days / 3 months

 $$ Beds/Baths SF/FF Sale Price
High 6 / 7 8,749 $5,250,000
Low 2 / 1 1,120 $150,000
Avg 3 / 3 3,133 $1,169,381
Med 3 / 3 2,611 $837,500

We can see that the median price for waterfront homes sold in Fort Lauderdale over the last 3 months has been $837,500 – this being based on a 3 bedroom 3 bathroom unit of 2611 square feet.

In our last update the median price for waterfront homes sold in Fort Lauderdale over the preceding 3 months was $594,900 – this being based on a 3 bedroom 3 bathroom unit of 2045 square feet.

It is important to note that in our prior update the median price for waterfront homes sold in Fort Lauderdale over the preceding 3 months was close to this months at $830,000 – this being based on a 3 bedroom 3 bathroom unit of 2059 square feet.

Prices per Square Foot

The market analysis report for sales prices to square foot prices for Fort Lauderdale waterfront homes sold over the last 90 days is presented below.

 $$ SP$/SqFt
High $988
Low $103
Avg $382
Med $329

We can see from this report that the average sales price to square foot price for a Fort Lauderdale waterfront home has been $382.00 and the median has been $329.00.

Important to note is that highest square foot price paid for a waterfront home at $988.00

% Sales Price
to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale waterfront homes – we can do this by looking at the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

 $$ SP$/LP$
Avg 94%
Med 96%

We can see from this report that the average sales price to list price for Fort Lauderdale homes is 94% – up from 90% in our prior post!

What is important to note however is the median sales price to list price at 96% – up from 94% in our last post!

This means if a Fort Lauderdale waterfront home for sale is listed at $1 Million – then based on median sales data the home could be expected to sell for 94% of that amount or $940,000.

The increasing sales price to list price for Fort Lauderdale waterfront homes is a very important real estate indicator – and reflects stronger demand for waterfront homes.

Days on Market

Days on market for Fort Lauderdale waterfront homes for Sale is an important indicator on how our real estate market is preforming.

Here is the market analysis report for Days on Market based on home sales over the last 90 days

 $$ Days on Market
Avg 156
Med 111

We can see from this report that the average days on market for a Fort Lauderdale Waterfront Home for Sale is 156 days up from 118 days in our last post!

More importantly is the median days on market at 111 – which is also up from 80 days in our last post.

Days on market is the time from when the home was listed for sale till the home sold AND closed.

I hope you have enjoyed my post on Fort Lauderdale Waterfront Homes for Sale

Kevin Wirth Realtor – 954-459-0337

Kevin Wirth Realtor

Read Our Earlier Posts

Fort Lauderdale Neighborhoods

Fort Lauderdale like any city is broken down into neigbourhoods.

Here is a list of some of our cities most popular neighborhoods for waterfront homes.

Each links to information on Fort Lauderdale homes and waterfront in each of these neighborhoods – and gives good insight including waterfront homes for sale and recent waterfront homes sales data.

Fort Lauderdale Waterfront Neighborhoods
Bal Harbour / Lauderdale Isles
Bay Colony
Bermuda Riviera
BeverlyHeights/ColeeHammock
Coral Ridge Country Club
Coral Ridge
Coral Ridge Isles
Dolphin Isles
Harbor Beach
Imperial Point
Las Olas Isles / Isles
Lauderdale Harbours
Rio Vista
River Oaks
Riverside Park
Sailboat Bend
The Landings
Victoria Park

Luxury Homes for Sale

Fort Lauderdale
Luxury Homes for Sale

Search Luxury Homes for Sale

Fort Lauderdale as The Venice of America offers a great range of luxury homes for sale and luxury waterfront homes for sale – our warm weather and beautiful beaches attract luxury homes buyers from all over the world. 

Key Statistics for Buyers / Sellers

  • Prices to $32 Million

Median

  • List Price $1,299,500
    – Waterfront $2,500,000
    – Non-Waterfront $825,000
  • Sales Price $892,500
    – Waterfront $1,360,000
    – Non-Waterfront $650,000
  • Sales to List Price 94%
  • Days on Market 105 Days
  • 11 Months Supply of Luxury Homes for Sale

Fort Lauderdale’s warm weather, beautiful “Blue Ribbon” Beaches and all the vibrant entertainment options give Fort Lauderdale home owners access to a wonderful lifestyle.

View of a luxury Fort Lauderdale waterfront home for sale
View of a luxury Fort Lauderdale waterfront home for sale

Luxury Homes
Market Analaysis

This month there are 568 Luxury Fort Lauderdale Homes for Sale

This is up from 525 luxury Fort Lauderdale homes for sale in our November / December 2015 update.

The market analysis report for these homes is presented below

$$  Beds/Baths SF/FF List Price
High 10/13 22,967 $32,000,000
Low 2 / 1 1,328 $500,000
Avg 4 / 4 4,723 $2,450,977
Med 4 / 3 3,693 $1,299,500

We can see that the median price for a Fort Lauderdale luxury home for sale is $1,299,500this being for a 4 bedroom 3 bathroom home of 3693 square feet.

Important to note is the drop in median prices for Fort Lauderdale luxury homes for sale – down almost $300,000 from our last post!

In our November / December update the median price for a Fort Lauderdale luxury home for sale was $1,599,000 – this being for a smaller 4 bedroom 3 bathroom home of 3341 square feet.

The most expensive home is listed for sale for $32 Million – this being for a luxury Fort Lauderdale waterfront home.

This home is in exclusive Harbor Beach and the home is a waterfront estate that sits on 3 lots with 300 feet of linear waterfront

Greater Fort Lauderdale
Luxury Homes

The number of Fort Lauderdale Homes for Sale increases even more if we look at what is known as “Greater” Fort Lauderdale.

Greater Fort Lauderdale Homes for sale includes homes for sale in both Fort Lauderdale and cities like: Lauderdale by the Sea, Pompano, Oakland Park and Wilton Manors.

Artists rendering of a luxury new construction waterfront Fort Lauderdale home for sale
Rendering of a luxury new construction waterfront Fort Lauderdale home for sale

Luxury Homes
Price Analaysis

Here is the breakdown of Fort Lauderdale Luxury homes for sale by price – includes both waterfront and non-waterfront homes.

Price Range Quantity
$500,000 – $549,999 20
$550,000 – $599,999 38
$600,000 – $699,999 50
$700,000 – $799,999 51
$800,000 – $899,999 35
$900,000 – $999,999 27
$1,000,000 or over 347
Total 568

We can see from this report the number of Fort Lauderdale luxury homes for sale in each of the above price ranges.

While it is encouraging to note that we have a good  inventory of homes for sale across all price points / price ranges. 

It is important to note that the largest concentration of Fort Laudrdale luxury homes for sale are homes priced at $1 Million or more – with 347 homes currently for sale in this price range.

These 347 million dollar plus luxury Fort Lauderdale homes equate to 61% of all luxury homes for sale!

Luxury Fort Lauderdale home for sale in Coral Ridge Fort Lauderdale
Luxury Fort Lauderdale home for sale in Coral Ridge Fort Lauderdale

Luxury Waterfront
& Non Waterfront Homes

If we look at Fort Lauderdale Homes for Sale we will see a significant difference in pricing between Luxury Waterfront Homes for Sale and Luxury Non Waterfront Homes for Sale.

Our market summary report for Fort Lauderdale luxury waterfront and non-waterfront homes for sale priced outlines this:

Median  Beds/Baths SF/FF List Price
ALL 4 / 3 3,693 $1,299,500
W/Front 4 / 4 5,025 $2,500,000
NonW/F 4 / 3 2,955 $825,000

We can see from this report that the median price for:

  • ALL Fort Lauderdale luxury homes for sale in this price range is $1,299,500this being for a 4 bedroom 3 bathroom home of 3693 square feet with a list price to square foot price of $471.00
  • Fort Lauderdale Luxury Waterfront homes for sale is $2,500,000this being for a 4 bedroom 4 bathroom home of 5025 square feet with a list price to square foot price of $608.00
  • Fort Lauderdale Luxury Non-Waterfront homes for sale is $825,000this being for a 4 bedroom 3 bathroom home of 2955 square feet with a list price to square foot price of $361.00

It is important to note is the difference between the median for a Fort Lauderdale Luxury Waterfront Home for sale at $2,500,000 and the median for a Fort Lauderdale Luxury Non Waterfront Home for Sale at $825.000 – the difference is over $1,6 Million!

View of a luxury new construction waterfront recently sold here in Fort Lauderdale
View of a luxury new construction waterfront recently sold here in Fort Lauderdale

Fort Lauderdale
Luxury Home Prices

Here is our pricing guide for Fort Lauderdale luxury homes over the last 90 Days / 3 months – this is for both waterfront and non-waterfront homes.

 $$ Beds/Baths SF/FF Sale Price
High 7 / 8 10,636 $5,250,000
Low 2 / 1 1,382 $485,000
Avg 4 / 3 3,390 $1,218,000
Med 3 / 3 2,878 $892,500

We can see that the median price for Fort Lauderdale luxury homes sold over the last 3 months has been $892,500 – this being based on a 3 bedroom 3 bathroom unit of 2878 sq ft.

The most expensive luxury Fort Lauderdale home to sell over the last 90 days sold for $5,250,000 – this was a waterfront home sale!

Luxury Waterfront
& Non Waterfront Sales

If we look at luxury homes sales we see a significant difference in pricing between Luxury Waterfront Homes for Sale and Luxury Non Waterfront Homes for Sale.

Our market summary report for Fort Lauderdale luxury home sales for both waterfront and non-waterfront homes sold over the last 90 days is presented below:

Median  Beds/Baths SF/FF Sale Price
W/Front 4 / 3 3,146 $1,360,000
NonW/F 3 / 3 2,806 $650,000

We can see from this report that the median price for:

  • Fort Lauderdale Luxury Waterfront homes sold over the last 90 days is $1,360,000 this being for a 4 bedroom 3 bathroom home of 3146 square feet.  
  • Fort Lauderdale Luxury Non-Waterfront homes sold over the last 90 days is $650,000 – this being for a 3 bedroom 3 bathroom home of 2806 square feet.

Again notice the “Huge” differences in median sales prices…

With Fort Lauderdale waterfront homes selling for over twice the price as non-waterfront homes!

Square Foot Prices

Here is the market analysis report for sales price to square foot prices for ALL Fort Lauderdale luxury homes sold over the last 3 months is presented below:

 $$ SP$/SqFt
High $988
Low $145
Avg $394
Med $355

We can see from this report that the average sales price to square foot price has been $394.00 per square foot and the median has been $355.00 per square foot.

Again it is important to note the highest square foot price paid at $988.00 per square foot!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale Luxury homes – based on the percentage of sales price to list price paid by buyers.

The market analysis report for luxury homes over $1 Millon is presented below

 $$ SP$/LP$
Avg 92%
Med 94%

We can see from this report that the average sales price to list price for Fort Lauderdale luxury homes is 92%  – well up from 88% in our last post.

Important to note is the median sales price to list price at 94% – up from 92% as in our last post!

This means if a Fort Lauderdale home for sale is listed at $2 Million – then based on median sales data the home could be expected to sell for 92% of that amount or $1,840,000 – based on MLS Data

Days on Market

Days on market for Fort Lauderdale Luxury homes for Sale is an important indicator on how our real estate market is preforming.

Here is the market analysis report for Days on Market based on home sales over the last 90 days

 $$ Days on Market
Avg 146
Med 105

We can see from this report that the average days on market for a Fort Lauderdale Luxury Home for Sale is 146 days – down from 156 days in our last post!

More importantly is the median days on market at 105 days – which is also down from 133 days in our last post!

Decreasing Days on Market reflects solid demand for Fort Lauderdale Luxury Homes for Sale in and around the median price range!

Days on Market is the time from when the home was listed for sale till the home sold AND closed.

Months of Supply

Another market indicator is months of supply or how long would all the luxury Fort Lauderdale homes currently on the market take to sell based on current sales.

Our summary chart for months of supply luxury Fort Lauderdale homes for sale is presented below.

 Mths Supply #
Homes for Sale 568
Sold last 90 Days 160
Months Supply 11

There are currently 568 luxury Fort Lauderdale homes for sale – and 160 luxury homes have sold over the last 3 months.

This equates to 53 luxury home sales per month.

With 568 luxury homes for sale and given 53 luxury homes sale per month the months of supply is 11 months (568 / 53 = 11 months)

I hope you have enjoyed my post on Fort Lauderdale Luxury Homes for Sale

Kevin Wirth Realtor – 954-459-0337

Kevin Wirth Realtor

Read Our Earlier Posts