Listing & Sales Activity - Fort Lauderdale Real Estate
The overall Fort Lauderdale Real Estate Market Update: January - June 2013 Listing & Sales Activity for homes, condos and townhouses in the residential neighborhoods of Fort Lauderdale Beach, Fort Lauderdale Northeast and Southeast Fort Lauderdale indicate the local real estate market here has rebounded and continues to remain strong and very stable.
Available Inventory for all property types has decreased by 10.6% from 1,596 properties for sale in January to 1,427 in June. Closed Sales for all property types were up 7.9% and Pending Sales down 5.1%.
Average Price Per Square Foot trended upward, up 17.6% averaging $275 per foot. The Average Listed Price was up 2% at $1,060,000 while the…