Fort Lauderdale Waterfront HomesThird Quarter Market Trends for Fort Lauderdale Waterfront Homes on the Beach, Northeast and Southeast Fort Lauderdale neighborhoods. September Inventory decreased by 0.6% from August and was down 7.1% from January. Closed Sales were up 9.5% in September and up 91.7% as compared to January. Pending Sales were down 12% in September and down 18.5% compared to January
[TABLE=2]January - September figures: Average Price Per Square foot increased 20.7% in September over August and up 40.5% as compared to January.
Average Days on the Market decreased 16% in September from August and increased 18.8% as compared to January. Sales Price versus Listing Price percentage has ranged from 84-92%.
Average Sales Price in September was 1.2 million; up 49.3% from August and up 40.2% as compared to January. Median Price for a sold home in September was $750,000; up 25% from August and up 5% as compared to January.
In September, there were 15.4 months of available waterfront homes for sale; down 9.2% from August and down 51.5% from January when there were 31.8 months of inventory.
Fort Lauderdale Homes For Sale | Market Report - 3rd Quarter 2010 Fort Lauderdale Condos | Market Report - 3rd Quarter 2010 For more information about buying or selling waterfront homes for sale in Fort Lauderdale, contact John Sabia at 954.850.2397. Return to Fort Lauderdale Real Estate