Metro Fort Lauderdale October 2021 Market Report

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

Oct 2021 Market Report Fort Lauderdale

“The Broward County market is red hot right now. Northerners are flocking to Florida for the winter months and continue to explore all the opportunities our area has to offer. Competition among buyers has been stiff, leading to a 22.7 percent drop to 17 median days on market.

Snowbirds have caused tons of excitement in Southeast Florida as we enter the holiday season. The trend of median sale price increases continued with a 17.8 percent jump to $489,000. We haven’t seen a decrease in median sale price since September of 2018. It’s also worth noting that the median percent of original list price received in October was 99.2 percent. ”  Karen Johnson, President of Broward, Palm Beaches & St. Lucie Realtors®. 

Broward octMkt report

Plenty of waterfront restaurants to choose from in metro Fort Lauderdale!  The featured photo is our first in-person #Active Rain meetup location. 

We have interesting waterfront homes available for the yachting community.  Median days on market 17!  Be ready to make the decision to become a resident and enjoy tax benefits in addition to lifestyle.  Call today 954.483.3912

 

 

 

 

Posted by

(954) 483-2912
CALL or TEXT

Email Me
About Me | My Blog

Website

   

florida real estate water view

Eileen Burns is the advocate you need on your side for your South Florida real estate needs. She is the real estate connector!
Is it time to discover your Florida dream home?
Let's Talk!
Eileen also specializes in probate transactions to help you navigate a course through to completion.
Are you looking for a good commercial property investment? Eileen is the one to connect you to it.
When you are ready to chat, please reach out. She looks forward to talking with you!

 

Comments (0)