Fort Laudedale Real Estate just like every market in the country has been down in the dumps. However, just like every market in the country there are bright spots that seem to not ever get too much attention. It may a condominium on the best street in town, it may be a home that the entire community has admired for years, or in a city like Ft. Lauderale it is the Fort Lauderdale Waterfront Homes that are the most coveted properties in the Ft. Lauderdale Real Estate market.
The Fort Lauderdale Waterfront inventory and sales are continuing to show life in what continues to be a down market. Over the last 12 month in Broward County the number of waterfront homes on the market has dropped 18.7 %, while sales have dropped 3.6% and pending sales have remained consistent. If you look at an overall trend line as opposed to the monthly changes being the sample size is relatively small, the average days on market, has remained consistent. These trend lines show the same for asking prices and sold prices, ignoring monthly fluctuations overall statistics show over a 12 month period that the price of waterfront homes sold in Broward County has rise about 1%, asking price have dropped less that 1%, and the months of inventory has dropped by over 7%.
When the sample size is relatively small it is hard to quote specific numbers as one sale can change the statistics dramatically but the trend lines are clear. One of the most stable spots in the Fort Lauderale Real Estate market are the beauiful Waterfront Homes of Ft. Lauderdale.