110 new real estate properties in Fort Lauderdale, Florida have been added to Ofirio in the last 7 days.
Of those new properties:
Fort Lauderdale, Florida has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 4% lower than than the list price. The demand for luxury real estate is lower than the demand for “Under $200k” real estate by 5%. Homes in Fort Lauderdale, Florida are on the market for 106 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 5 Beds segment and it is 73% ($995,500) more than the week prior.
The average closing price for real estate in Fort Lauderdale Florida has fallen by 22% from the last week, which amounted to $1,662,458.
As of December 2022 Fort Lauderdale, FL is a seller market which means homes sell faster at a higher price. In December 2022, 36 homes (19.8%) sold at asking price, 135 homes (74.2%) sold below asking price, and 11 homes (6.0%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price decreased by 7.7% from $452,500 in December 2021 to $417,500 in December 2022. The number of homes sold in Fort Lauderdale, FL has decreased by 61.5% over the last year from 416 in December 2021 to 160 homes in December 2022.
Homes in Fort Lauderdale, FL have sold for 0.5% more per ft² than they did a year ago. As of December 2022 the average price per square foot is $343.