New Construction Home Sales in August Higher Than Expected

Posted by John Sabia on Monday, September 28th, 2015 at 9:41am.

Sales for new construction homes for sale and condominiums for sale were up 5.7 percent in August per newly released figures by the US Census Bureau and the Department of Housing and Urban Development (HUD). The positive growth marks the fastest pace for sale in 7 years and puts sales for new construction 21.6 percent last year’s figures.

The rebound is uplifting news considering sales were down in June. In the August report, estimates for sales in July were revised upward after initially being reported as a 5.4 percent increase, which surpassed economist’s predictions for the month.

Sales for new construction homes are an important signal indicating a healthy real estate market and the overall condition of the economy. Stronger sales signal a strengthening economy and a stable job market. As the stronger sales can be somewhat associated with job market gains, historically low mortgage interest rates also played an important part.

Also In the report, the median sales price for new construction homes in August was $292,700 while the average sales price was $353,400. Given this sales pace, inventory levels for new construction homes sits at a 4.7 months supply level.

Featured Fort Lauderdale Real Estate For Sale

97 – 144 of 527 Listings
Price, Low to High
Reduced 4%

1 Bed • 2 Bath • 906 Sf

$295,900

505 N Fort Lauderdale Beach Blvd 2406, Fort Lauderdale

Your Very Own Vacation Spot Located At This Fort Lauderdale Beach Resort. Fully Furnished And Appointed Condo-hotel Boasting Waterfront Views In Th...

View Listing
The Agency Collective

2 Bed • 2 Bath • 1,344 Sf

$295,900

N/a, Fort Lauderdale

Calling All Buyers! Rarely Offered, This True 2/2 Is Not A Convertible. Ready For Move In With Upgraded Kitchen, Master Bath & Closet, Laminate T...

View Listing
Luxury Real Estate Group Llc

2 Bed • 2 Bath • 1,243 Sf

$296,000

720 Bayshore Dr 505, Fort Lauderdale

Newly Reduced!!! Seller Motivated! Bayshore Drive Condo! Steps To Fort Lauderdale Beach And So Much More! Fully Furnished 2 Bed/2 Bath With A Beaut...

View Listing
Lokation Real Estate

2 Bed • 2 Bath • 1,500 Sf

$296,000

1201 River Reach Dr 217, Fort Lauderdale

Stunning Corner Astor Model With 1500 Sq. Ft. Comes With A Covered Garage Parking Spot Under The Building. Water Views From Dining Area, Kitchen...

View Listing
Re/max Preferred
Reduced 4%

3 Bed • 2 Bath • 1,277 Sf

$297,000

840 Sw 12th Pl, Fort Lauderdale

Nestled At The Center Of The Cul-de-sac In Fort Lauderdale’s Desirable Croissant Park (with No Hoa Fees) The Perfect Home Is Waiting! You’ll Be Wel...

View Listing
The Keyes Company
Reduced 6%

1 Bed • 1 Bath • 747 Sf

$297,000

2895 Ne 32nd St 303, Fort Lauderdale

The Largest 1 Bedroom At Waterside On The Intracoastal...totally Furnished (great Taste) And Ready For You To Enjoy The Ft. Lauderdale Life Style! ...

View Listing
Berkshire Hathaway Fl Realty
Reduced 14%

1 Bed • 2 Bath • 906 Sf

$298,000

505 N Fort Lauderdale Beach Blvd 1605, Fort Lauderdale

Your Very Own Vacation Spot Located At This Fort Lauderdale Beach Resort. Fully Furnished And Appointed Condo-hotel Boasting Waterfront Views In Th...

View Listing
The Agency Collective
Reduced 2%

1 Bed • 2 Bath • 1,319 Sf

$298,000

4020 Galt Ocean Dr 106, Fort Lauderdale

Beautiful Building On The Galt Ocean Mile Right On The Ocean-live In A Top Building At A Reasonable Price-unit Is Very Clean And Nicely Furnished-y...

View Listing
Dynasty Realty Group Inc
Reduced 4%

3 Bed • 3 Bath • 1,715 Sf

$298,000

2831 Nw 9th Ct, Fort Lauderdale

Beautiful Newly Constructed 3 Bedroom 3 Bath Home With 9 1/2ft Ceilings Porcelain Tile Throughout The Entire Home. Property Includes 2 Car Garage B...

View Listing
Florida Realty Of Miami Corp

2 Bed • 2 Bath • 1,120 Sf

$298,000

2401 Ne 65th St 204, Fort Lauderdale

Perfectly Located In East Fort Lauderdale, Close To The Beach & Within Walking Distance To Broward Health, Shopping & Great Restaurants. Most Desi...

View Listing
Keller Williams Realty Profess
Reduced 5%

2 Bed • 1 Bath • 1,017 Sf

$299,000

511 Se 5th Ave 906, Fort Lauderdale

Great 1bed 1bath Plus A Den Unit With Granite Counter Top And Stainless Steel Appliances. Newer A/c Unit, Water Heater. Resort Sryle Amenities Incl...

View Listing
Sanchez Real Estate, Llc
Reduced 3%

2 Bed • 2 Bath • 1,200 Sf

$299,000

2701 N Ocean Blvd 3d, Fort Lauderdale

Reduced Price! Seller Very Motivated, Will Pay Assessment In Full. Entirely Renovated. Apartment Comes W Split 2 Bedroom, 2 Full Bath. Unobstruct...

View Listing
Douglas Elliman

6 Bed • 2 Bath • 1,308 Sf

$299,000

1616 Nw 11 Street, Fort Lauderdale

Everything In This House Has A Permit.home Has New Addition & Many New Features.it Can Also Be Rented On Sect 8 For $2850+- Month With 2 More Bedro...

View Listing
Cesar Balbin R.e Broker
Reduced 5%

3 Bed • 1 Bath • 1,054 Sf

$299,000

206 Sw 10th St, Fort Lauderdale

Sellers Motivated! Recent Price Adjustment.don't Miss Your Chance To Own In Tarpon River, Short Walk To Downtown #lasolas. Ever Wanted To Own An Ai...

View Listing
Real Property Executives,llc

$299,000

612 Sw 6th Ave, Fort Lauderdale

Vacant Land! Rd15 Zoning. Property Located In The Historic Tarpon River District. Property Has Downtown City And Intracoastal Views. 6th Avenue Str...

View Listing
Ace Real Estate Group Inc.
Reduced 9%

3 Bed • 2 Bath • 1,261 Sf

$299,000

2418 Andros Ln, Fort Lauderdale

Beautiful Neighborhood, Nice Backyard Fenced, Open Kitchen, Marble Flooring, Impact Windows, Great Home! huge Reduction, To Selling Fast!!...

View Listing
New Miami International Realty

3 Bed • 2 Bath • 1,116 Sf

$299,000

2950 Davie Blvd, Fort Lauderdale

Great Updated Family Home, 3/2 Close To Downtown, Airport, Major Hwys I-95, Turnpike, 441. Nearby Is Riverland Park Boat Ramp. Riverland Communi...

View Listing
Charles Rutenberg Realty Llc
Reduced 3%

3 Bed • 2 Bath • 1,552 Sf

$299,000

611 Sw 38th Ter, Fort Lauderdale

3 Bedroom 2 Bathroom Spacious Home In Melrose Park. Home Features New Roof, New Kitchen, New Floors And Impact Windows. Extra Living Space, Laun...

View Listing
Truecastle Realty, Inc.

3 Bed • 2 Bath • 1,290 Sf

$299,000

2017 Sw 27th Ave, Fort Lauderdale

Updated 3 Br 2 Ba-1 Car Garage,circular Drive. Corner Lot. Updated Kitchen Has Granite Counters & Ss Appliances. Travertine Marble Floors In Living...

View Listing
Re/max Consultants Realty 1

2 Bed • 2 Bath • 1,430 Sf

$299,000

3000 Ne 48th St 301, Fort Lauderdale

Amazing Views! Spacious 2/2 Corner Apartment. This Apartment Features A Built In Bbq And Bar On The Huge Glassed In Balcony With Sliding Glass Door...

View Listing
Realty Standard Inc

3 Bed • 2 Bath • 2,062 Sf

$299,000

117 Nw 11th St, Fort Lauderdale

Location , Best For Investors/ Home Buyers , Location . Fee- Simple Attached Twin Home. 3 Bedroom , Unapproved Short Sale, Tenant Occupied...

View Listing
United Realty Group Inc

1 Bed • 1 Bath • 662 Sf

$299,000

505 N Fort Lauderdale Beach Blvd 1514, Fort Lauderdale

Own Your Own Vacation Resort Condo At The Hilton Fort Lauderdale Beach Resort. Fully Furnished One Bedroom Unit With 1 King Bed. Unit Offers A Balc...

View Listing
Re/max Consultants Realty 1
Reduced 4%

3 Bed • 2 Bath • 1,648 Sf

$299,000

5041 Sw 29th Way, Fort Lauderdale

Spacious 3/2 Pool Home! Screened Patio Encloses Large Pool And Patio. Huge Storage Shed In Yard Has A/c & Could Possibly Be Used As Artist Studio O...

View Listing
Century 21 Wieder Realty

3 Bed • 2 Bath

$299,000

1802 Nw 8th Pl, Fort Lauderdale

"great Opportunity" To Own This New 3/2 Home With Hurricane Rated, Energy Efficient, Green Construction! Impact Rated Lawson Windows, Metal Clad En...

View Listing
United Real Estate Advisors

2 Bed • 2 Bath • 1,350 Sf

$299,000

3015 N Ocean 4l, Fort Lauderdale

Expansive Sunny Sw Corner 2br/2ba Condo In The Most Desirable Fort Lauderdale Beach Location! Enjoy A Sun-drenched Balcony All Day With Bright City...

View Listing
Balistreri Realty Inc 2
New Listing

2 Bed • 2 Bath • 765 Sf

$299,000

2901 Ne 51st St 2, Fort Lauderdale

"deeded Boat Dock Included" Bring Your Boat!-beach Area, Canal Front Condo -rent Twice Per Year 6 Months Min. Totally Renovated With Granite, Stain...

View Listing
Alan Anderson Pa

2 Bed • 2 Bath • 1,218 Sf

$299,800

340 Sunset Dr 205, Fort Lauderdale

Completely Remodeled, Huge 2 Bedroom 2 Bath, Like New And Truly Just Steps Away From Famous Las Olas Blvd And Walking Distance From The Beach. Gran...

View Listing
The Keyes Company
Reduced 5%

2 Bed • 3 Bath • 1,330 Sf

$299,900

2939 Ne 60th St 2939, Fort Lauderdale

Location, Location, Location! Nestled Among Million Dollar Homes! Here Is Your Chance To Own A Wonderful Town Home In The Sought After And Rarely ...

View Listing
Lokation Real Estate

2 Bed • 2 Bath • 1,040 Sf

$299,900

2670 E Sunrise Blvd 1234, Fort Lauderdale

Great Location! No Rental Restrictions. Fully Furnished 2/2 Condo At Gallery One With Breathtaking Intracoastal And Ocean Views. Perfect For An Inv...

View Listing
United Realty Group Inc.
Reduced 3%

2 Bed • 2 Bath • 1,500 Sf

$299,900

1101 River Reach Dr 110, Fort Lauderdale

It's All Here, At River Reach A 22 Acre Private Island In Fort Lauderdale. 3 Heated Pools, 2 Tennis Courts, Gym, Social Center, Kayak, Paddle Board...

View Listing
Intercoastal Realty Inc

2 Bed • 2 Bath • 836 Sf

$299,900

2670 E Sunrise Blvd 1009, Fort Lauderdale

High Floor Luxury Suite Hotel/condo! This 2 Bedroom 2 Bath Suite Is Truly A Turn Key Beach Getaway That You Can Make Money With And Also Enjoy For...

View Listing
Lokation Real Estate
Reduced 14%

2 Bed • 2 Bath • 1,323 Sf

$299,900

2109 Ne 56th Ct, Fort Lauderdale

Great Opportunity To Own This Beautiful 2/2 Home Located In Desirable Imperial Point. Completed Up-date Gorgeous Kitchen With Granite Counter Top, ...

View Listing
Richards Realty

2 Bed • 2 Bath

$299,900

1920 S Ocean Dr. 802, Fort Lauderdale

Spacious 2 Bedroom, 2 Bath With Beautiful Views Of Intracoastal, Ocean And Port. Open Kitchen To Living Area Upgraded, East And South Views Fro...

View Listing
Lago Mar Realty Inc
Reduced 3%

2 Bed • 1 Bath

$299,900

1428 Nw 7th Avenue, Fort Lauderdale

Turn Key !!! Completely Remodeled, Charming, Ready To Move-in Home In South Middle River. New Roof (year 2019)new Insulation & New Electrical Panel...

View Listing
Charles Rutenberg Realty Llc

2 Bed • 1 Bath • 1,140 Sf

$299,900

1716 Sw 10th Ct, Fort Lauderdale

Charming Cottage Home In The Heart Of Fort Lauderdale! This 2 Bedroom And One Bathroom Home Reflects The Original Spirit Of Florida Living With Ple...

View Listing
Fisher Mcclellan Real Estate

2 Bed • 1 Bath • 1,050 Sf

$299,900

704 Sw 12th St, Fort Lauderdale

East Ft Lauderdale Location , East Of I-95, Close To Courthouse, Las Olas, Downtown Area - Investors Delight - Handyman Special - Home Has Great E...

View Listing
Realty 100
Reduced 2%

3 Bed • 3 Bath • 1,859 Sf

$299,900

1400 Nw 44th Ct, Fort Lauderdale

A Great Property With Open Water Views, Ready For Your Personal Touch! This Home Has A Great 3 Bed/ 3 Bath Layout, And Is One Of The Largest Prope...

View Listing
Keller Williams Realty Profess

2 Bed • 3 Bath • 1,679 Sf

$299,900

1341 Sw 3rd Ct 1341, Fort Lauderdale

Gorgeous Tri-level Townhouse Condo At The Village At Sailboat Bend. Lovely Historic Urban Neighborhood. Located In The Heart Of Beautiful Sailboat ...

View Listing
Bhhs Ewm Realty
New Listing

3 Bed • 2 Bath • 1,456 Sf

$299,900

3137 Sw 15th St, Fort Lauderdale

3/2 Ranch Home With Pool & Impact Glass Priced To Sell! Excellent Layout And Over Sized Corner Lot Is Perfect For Entertaining And Privacy! Lots Of...

View Listing
Berkshire Hathaway Homeservices Florida Realty
New Listing

3 Bed • 2 Bath • 1,696 Sf

$299,950

730 Long Island Ave, Fort Lauderdale

Up To $3,000 Lender Credit Towards Closing Costs And New 3-piece Stainless Steel Appliance Package If Buyer Decides To Use Seller's Preferred Lende...

View Listing
Realty Wholesalers Inc
Reduced 8%

3 Bed • 2 Bath • 1,239 Sf

$299,999

221 Sw 15th St, Fort Lauderdale

Beautiful Three Bedroom Two Bath Home. Located In East Ft Lauderdale. Perfect Central Location To The Airport, Port Everglades, The Beach, Restaur...

View Listing
Sea Island Realty Inc.
Reduced 5%

$299,999

609 Sw 6th St, Fort Lauderdale

Vacant Land Located In Tarpon River District. Lot Size Of 120x60. Owner Has Approved Plans Submitted For (1) 3800/sf Single Family Residence With P...

View Listing
Charles Rutenberg Realty Llc
Reduced 9%

3 Bed • 2 Bath • 1,567 Sf

$299,999

1818 Sw 30th Ter, Fort Lauderdale

Completely Renovated 3/2 House In Chula Vista. Two Kitchens W/ 8 Ft Island, 7 Ft Peninsula, Large Pantries, Double Stainless Steel Appliances. Sepa...

View Listing
Lokation Real Estate
Reduced 14%

2 Bed • 2 Bath • 1,200 Sf

$299,999

2715 N Ocean Blvd 3a, Fort Lauderdale

Nicely Remodeled, Split Floor Plan Corner Unit. Large Balcony. New A/c, Impact Windows And Doors

View Listing
One Sotheby's Int'l Realty
Reduced 6%

3 Bed • 3 Bath • 1,520 Sf

$299,999

5200 Ne 14th Way 307, Fort Lauderdale

3/2/1 & Everything Is New. This 1520 Sqft Townhome/condo Is In Coral Ridge Isles Ne Fort Lauderdale. This Property Has Had Everything Updated In Th...

View Listing
Prestige Waterfront Realty
Reduced 6%

3 Bed • 2 Bath • 1,050 Sf

$299,999

2760 Sw 3rd Ct, Fort Lauderdale

Amazing And Newly Renewed 3/2 Home In Charming And Quiet Neighborhood You Will Find This Completely Renewed Home Has Been Fully Upgraded! Cbs Const...

View Listing
Listwithfreedom.com
Reduced 14%

2 Bed • 2 Bath • 1,102 Sf

$300,000

4717 Sw 32nd Ave, Fort Lauderdale

Attention All General Contractors And Developers, Drive By Anytime, This Is The Best Opportunity In Town. This Property Is Located In Dania Beach's...

View Listing
The Keyes Company

1 Bed • 2 Bath • 662 Sf

$300,000

505 N Fort Lauderdale Beach Blvd 1714, Fort Lauderdale

Your Very Own Vacation Spot Located At This Fort Lauderdale Beach Resort. Fully Furnished And Appointed Condo-hotel Boasting Waterfront Views In Th...

View Listing
The Agency Collective
 

John Sabia

Leave a Comment

Have a Question?

Contact Us

Follow Us