As you can see by the Facts and Trends Report for Fort Lauderdale, FL--inventory is down to a 6.1 months supply of ALL homes and condos! A normal market would have a 6-9 month supply! This is great news and it is time to buy if you are in the market for a home!
Amanda Wilson, Realtor (954.790.0377)
Fort Lauderdale Real Estate (www.facebook.com/AWRealtor)
|
Published May 2011*
| Location: |
Broward County, Ft Lauderdale Beach, Ft Lauderdale North East, Ft Lauderdale North West, Ft Lauderdale South East, Ft Lauderdale South West |
| Price Range: |
$0 - No Limit |
| SQFT Range: |
0 - No Limit |
| Property Types: |
All Res. Proptypes - All Properties - All Properties |
|
Prepared for you by: Amanda Wilson, Realtor |
| Number of Homes For Sale vs. Sold vs. Pended (Feb. 2010 - Apr. 2011) |
| |
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
| |
Apr. 11 |
Mar. 11 |
% Change |
Apr. 11 |
Apr. 10 |
% Change |
Feb. 11 to Apr. 11 |
Feb. 10 to Apr. 10 |
% Change |
| For Sale |
14046 |
14587 |
-3.7%  |
14046 |
16831 |
-16.5% |
14754 |
17404 |
-15.2% |
| Sold |
2315 |
2733 |
-15.3% |
2315 |
2586 |
-10.5% |
2401 |
2350 |
2.2%  |
| Pended |
3399 |
3738 |
-9.1% |
3399 |
3647 |
-6.8% |
3412 |
3413 |
0% |
|
| Average Price per SQFT (Feb. 2010 - Apr. 2011) |
| |
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
| |
Apr. 11 |
Mar. 11 |
% Change |
Apr. 11 |
Apr. 10 |
% Change |
Feb. 11 to Apr. 11 |
Feb. 10 to Apr. 10 |
% Change |
| Avg. Sq. Ft. Price |
124 |
119 |
4% |
124 |
123 |
0.7% |
120 |
126 |
-5.3% |
|
| Avg Days On Market & Sold/List Price % (Feb. 2010 - Apr. 2011) |
| |
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
| |
Apr. 11 |
Mar. 11 |
% Change |
Apr. 11 |
Apr. 10 |
% Change |
Feb. 11 to Apr. 11 |
Feb. 10 to Apr. 10 |
% Change |
| Days on Market |
95 |
100 |
-5% |
95 |
89 |
6.7% |
97 |
89 |
9% |
| Sold/List Diff. % |
92 |
92 |
0% |
92 |
93 |
-1.1% |
92 |
92 |
0% |
|
| Average Price of For Sale and Sold (Feb. 2010 - Apr. 2011) |
| |
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
| |
Apr. 11 |
Mar. 11 |
% Change |
Apr. 11 |
Apr. 10 |
% Change |
Feb. 11 to Apr. 11 |
Feb. 10 to Apr. 10 |
% Change |
| Avg. Active Price |
368 |
360 |
2.2% |
368 |
372 |
-1.1% |
359 |
369 |
-2.7% |
| Avg. Sold Price |
177 |
169 |
4.7% |
177 |
172 |
2.9% |
169 |
177 |
-4.5% |
|
| Months of Inventory Based on Closed Sales (Feb. 2010 - Apr. 2011) |
| |
Curnt vs. Prev Month |
Curnt vs. Same Month 1 Yr Ago |
Curnt vs. Same Qtr 1 Yr Ago |
| |
Apr. 11 |
Mar. 11 |
% Change |
Apr. 11 |
Apr. 10 |
% Change |
Feb. 11 to Apr. 11 |
Feb. 10 to Apr. 10 |
% Change |
| Months of Inventory (Closed Sales) |
6.1 |
5.3 |
13.7% |
6.1 |
6.5 |
-6.8% |
6.1 |
7.4 |
-17% |
|
| Date |
2/10 |
3/10 |
4/10 |
5/10 |
6/10 |
7/10 |
8/10 |
9/10 |
10/10 |
11/10 |
12/10 |
1/11 |
2/11 |
3/11 |
4/11 |
| For Sale |
17911 |
17469 |
16831 |
16778 |
17144 |
17445 |
17662 |
17780 |
17063 |
16840 |
16931 |
16556 |
15629 |
14587 |
14046 |
| New Listing |
4608 |
5070 |
4724 |
4480 |
4648 |
4555 |
4628 |
4317 |
3959 |
3563 |
3657 |
4437 |
3890 |
4330 |
3857 |
| Sold |
1896 |
2567 |
2586 |
2373 |
2557 |
2112 |
2152 |
2147 |
1840 |
1833 |
2406 |
1969 |
2155 |
2733 |
2315 |
| Pended |
3016 |
3577 |
3647 |
2735 |
2719 |
2611 |
2749 |
2539 |
2633 |
2479 |
2448 |
2970 |
3098 |
3738 |
3399 |
| Months of Inventory (Closed Sales) |
9.4 |
6.8 |
6.5 |
7.1 |
6.7 |
8.3 |
8.2 |
8.3 |
9.3 |
9.2 |
7 |
8.4 |
7.3 |
5.3 |
6.1 |
| Months of Inventory (Pended Sales) |
5.9 |
4.9 |
4.6 |
6.1 |
6.3 |
6.7 |
6.4 |
7 |
6.5 |
6.8 |
6.9 |
5.6 |
5 |
3.9 |
4.1 |
| Absorption Rate (Closed Sales) % |
10.6 |
14.7 |
15.4 |
14.1 |
14.9 |
12.1 |
12.2 |
12.1 |
10.8 |
10.9 |
14.2 |
11.9 |
13.8 |
18.7 |
16.5 |
| Absorption Rate (Pended Sales) % |
16.8 |
20.5 |
21.7 |
16.3 |
15.9 |
15 |
15.6 |
14.3 |
15.4 |
14.7 |
14.5 |
17.9 |
19.8 |
25.6 |
24.2 |
| Avg. Active Price |
368 |
368 |
372 |
367 |
361 |
350 |
341 |
339 |
348 |
347 |
336 |
339 |
348 |
360 |
368 |
| Avg. Sold Price |
168 |
188 |
172 |
185 |
184 |
185 |
181 |
181 |
178 |
177 |
174 |
160 |
161 |
169 |
177 |
| Avg. Sq. Ft. Price |
123 |
132 |
123 |
129 |
128 |
128 |
125 |
124 |
122 |
124 |
122 |
113 |
116 |
119 |
124 |
| Sold/List Diff. % |
91 |
91 |
93 |
93 |
93 |
93 |
93 |
93 |
93 |
93 |
92 |
93 |
92 |
92 |
92 |
| Days on Market |
89 |
88 |
89 |
88 |
85 |
82 |
85 |
84 |
90 |
88 |
91 |
95 |
97 |
100 |
95 |
| Median |
101 |
110 |
113 |
116 |
120 |
115 |
115 |
110 |
115 |
110 |
105 |
93 |
92 |
95 |
100 |
|
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*All reports are published May 2011, based on data available at the end of April 2011. This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS. |
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