Metro Fort Lauderdale Real Estate Market Report August 2021

By
Commercial Real Estate Agent with Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach 0516472

August 2021 Metro Fort Lauderdale Market Report

Metro Fort Lauderdale Market Report August 2021

 

Closed Sales -2.8%   1625 homes

Median Price - $495,000  +19%

Days on Market - 12

Active Listings:  2,357

Looking for a lake home?  oceanfront?  Contact me to purchase your tropical oasis 954.483.3912

Posted by

Currently, an Associate Broker with Trans State Commercial Realty in Fort Lauderdale, Florida specializing in Florida Probate Real Estate, Hotel acquisitions and Land acquisitions.

Eileen Burns, Authored  The Ultimate Sales Success Secret- South Florida Edition   

Comments (15)

Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

That is still a sizeable inventory but with days on market so low the inventory moves quickly.  With the snowbird season coming soon the inventory will get depleted quickly

Sep 30, 2021 09:31 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Eileen, Always like to see other markets do in the Market reports that many share here in the Rain.  Make it a great day!

Sep 30, 2021 10:16 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

HI Eileen... your market sounds a lot like our here in the Charlotte region except for the month's supply of homes. Ours is still under 1 month.

Sep 30, 2021 10:57 AM
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

You're dealing withh a hot market like ours Eileen.  And soon the winter visitors will be flocking in and inventory will be going even lower and prices up.

Sep 30, 2021 04:01 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

Good morning!

That sounds like it's still a strong seller's market - I'll bet there are a lot of people relocating from places like NY!

Oct 01, 2021 04:42 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The numbers for Fort Lauderdale seem to be good, other than the inventory staying pretty low.

Oct 01, 2021 05:49 AM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Eileen- and the snowbirds are coming so sellers, call Eileen!

Oct 01, 2021 10:34 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Eileen,
Thank you for sharing this real estate market report.  Buyers and sellers in your area will benefit from this report.
Wishing you continued success.
Bob

Oct 01, 2021 07:23 PM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Ed Silva I wonder is snowbirds will return with all the fear flowing through the world! Meanwhile a great deal of inventory are dated homes wishing to take advantage of the flurry of activity

Oct 02, 2021 07:17 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Will Hamm thanks for chimining in and speedy recovery😎

Oct 02, 2021 07:17 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Nina Hollander, Broker your home looks larger and newer than most of the homes remaining on the market here😎

Oct 02, 2021 07:18 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Anna Banana Kruchten CRS, CRB, Phoenix Broker and then the dilemma for sellers...where to move to for the same price as your proceeds!😎

Oct 02, 2021 07:19 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Kat Palmiotti last I heard 33,000+ cganged post office addresses from NY to FL 😎

Oct 02, 2021 07:20 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Brian England thanks for commenting

 

Kathy Streib thanks for the shout out😎

Oct 02, 2021 07:21 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FL Probate Agent, Hotel, Land, Multi Family

Bob Crane thanks for your good wishes😎

Oct 02, 2021 07:22 AM