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Fort Lauderdale Florida Market Report (November 30, 2006)

By
Real Estate Agent with RE/MAX Hometown

Fort Lauderdale rest north of Miami boarded on the east by the Atlantic ocean and on the west by the Everglades. Temperatures range from a low of 59 to a high of 90. There is a total residence count of 805,091. Total households are 316,102 with a median age of 37.86. The median income in Fort Lauderdale is $49,788.

The single family market made up of single family homes is as follows. Their is 1,967 active listings currently on the market. Their have been 755 closed sales since January 1, 2006. Their is currently 145 pending sales and 90 properties have been taken off the market by the sellers. Their have been 888 properties that expired off the MLS system which means they did not sale in an average six month period.

The other part of the single family market is made up of condominiums, townhomes and villas. Their is 3,227 active listings currently on the market. Their have been 821 closed sales since January 1, 2006. Their is currently 177 pending sales and 135 properties have been taken off the market by the sellers. Thier have been 1,424 properties that expired off of the MLS system which means they did not sale in an average six month period.

Fort Lauderdale is a great place to live year round. Many outdoor activities as well as festivals, fairs, boat parades, art shows and more. Great restaurants, night life, beaches and so much more make this the community for you and yours. If you are looking to relocate, buy a second home please do not hesitate to contact the specialists in Fort Lauderdale at http://www.PaveyGroup.com or (888)992-1699. We are available seven days a week 24 hours a day for all your Real Estate needs.