Fort Lauderdale Condos - January Market Update

Posted by John Sabia on Thursday, April 3rd, 2014 at 11:17am.

Fort Lauderdale Condos - January 2014

Sales in January Beach area and Downtown Fort Lauderdale Condos for Sale including townhouses totaled 172 properties sold down from 188 condo sales same time one year ago.  The Median Price for a condo in January was up 111% to $243,000 from $218,000 in January 2013. A property lasted on average 87 Days On the Market before selling in January as compared to 114 days same time last year.

Fort Lauderdale Condos   January 2014   January 2013   2014 Year YTD   2013 All Year  
Total Homes Sold    172  188 503   2,332
Median Sales Price $243,000  $218,000 $240,000  $245,000 
Average Sales Price $325,000   $328,000 $350,000  $340,000 
Sales / List Price % 89  93  94  94 
Sales / Orig List % 89  88  92 91 
Day on Market  87  114  91  97 

Fort Lauderdale Condo Sales - January 2014

Top 5 Beach and Downtown Fort Lauderdale Condominum / Townhouse Sales: 

* - public record
 

Fort Lauderdale Condos For Sale

View from balcony overlooking OceanCurrently there are 1,292 condominiums and townhouses for sale in Fort Lauderdale.  Based on Closed Sales, Supply of Available inventory is at 7.5 months.  A balanced real estate market is 6-8 months of properties for sale.  Fewer properties for sale favor sellers and more properties favor buyers.

For more information about buying or selling Fort Lauderdale Condos, call me today at 954.850.2397. Be sure to visit our website for all Fort Lauderdale Real Estate for sale.

John Sabia

1 Response to "Fort Lauderdale Condos - January Market Update"

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Related Links

January 2014 Market Report - Fort Lauderdale Condos
Luxury Fort Lauderdale Homes For Sale




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Posted on Thursday, April 3rd, 2014 at 2:31pm.

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