Lighthouse Point Florida Homes For Sale
About 3 out of 10 homes for sale in Lighthouse Point Florida have experienced a small price reduction, however, these cuts are among the highest percentages countywide. Understandably as this is an affluent neighborhood, higher-priced homes often sit on the market longer than less expensive homes.
Many homeowners are aware of the current real estate market trend while still very confident about the housing market. This has generated many opportunities for both knowlegeable buyers and sellers. As is the case in many real estate markets, some Lighthouse Point Homeowners are having a difficult time dealing with the fact their home is not worth what they think it is.
Lighthouse Point has a wide range of home prices; non-water-front properties can average around the $300's, while the majority of homes are waterfront and can run into the million+ price range.
Nearby Deerfield Beach and further south Hallandale Beach rank among the top markets for buyers. Local real estate markets that favor sellers include Pembroke Pines, Miramar, Cooper City and Coral Springs - all located in the western end of Broward County.
Recent slow periods in home price increases and sales volumes have helped reinstate some stability to South Florida's housing markets; however, many home-buyers are finding out they no longer have the edge when it comes to negotiations.