August 2022 Fort Lauderdale Market Report

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

August 2022 Fort Lauderdale Market Report

Ft Lauderdale Aug 2022 Market Report

The only rise is median sales price and active inventory.

Closed Sales down -23%

Dollar Volume down -21%

New Listings down -5.6%

New Pending Sales down -25%

 

Average days on market - 58

Monthly Supply of Inventory 2.6 months vs 1.7 last year

 

IF you would like to purchase a waterfront home in metro Fort Lauderdale,

THEN let's have a conversation 954.483.3912 Eileen Burns

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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 (13)

Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Good morning, Eileen... I'm astounded by how closely your trends track our trends here in Charlotte.

Oct 06, 2022 07:10 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

Nina Hollander, Broker challenges of the moment for all😎

Oct 06, 2022 07:12 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

Yes, indeed a changing marketplace for sure. Thank you for sharing

Oct 06, 2022 02:42 PM
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker/REALTOR® - Kalispell, MT
Helping your Montana dreams take root

I like your graphic - what do you use to do that?

 

Oct 07, 2022 05:01 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Eileen,
Thank you for sharing the real estate information.
Buyers and sellers in your area will benefit from your expertise.
Wishing you continued success.

Bob

 

Oct 07, 2022 10:31 PM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

Bob Crane thanks for chiming in 😎  Appreciate your input

Oct 08, 2022 07:40 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

Kat Palmiotti its called Sunstats😎 a benefit of Realtor membership

Oct 08, 2022 07:41 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

Rocky Dickerson change is constant!  Numbers never lie.  Thanks for chiming in😎

Oct 08, 2022 07:42 AM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Thank you for sharing your Fort Lauderdale market report for August 2022 Eileen. Your statistics are very interesting 🧐

Oct 12, 2022 12:26 PM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Eileen Burns - I was also intrigued by your marketing graphics. I was glad Kat Palmiotti asked and you answered! I'm going to check it out. 

I am curious. How are things in Fort Lauderdale after Hurricane Ian? I hope you weren't impacted. I am thinking of you. 

Oct 13, 2022 01:28 AM
Eileen Burns

Patricia Feager, MBA, CRS, GRI,MRP thanks for your concern.  I am on the Atlantic Ocean side of the peninsular.  Ian hit on the west side in the gulf of mexico.  Tragic.  We have had our share in the past.  

Oct 13, 2022 06:34 AM
Patricia Feager, MBA, CRS, GRI,MRP

Eileen Burns - It was such a strange Hurricane. Every time I turned on the news it seems like Ian was traveling in directions that were unpredictable. I felt your Governor and the First Lady did a great job keeping everyone abreast. So many people throughout the United States travels, knows people, or has vacation homes in FL. I am so glad to hear your area was spared. Yes! You have had your 'share in the past."

Oct 13, 2022 07:08 AM
Eileen Burns
Trans State Commercial RE Ft. Lauderdale/Miami/Palm Beach - Fort Lauderdale, FL
FLorida Real Estate Connector

https://sunstats.floridarealtors.org  Kat Palmiotti Patricia Feager, MBA, CRS, GRI,MRP 

Suggest calling NAR

 

Oct 13, 2022 06:38 AM
Patricia Feager, MBA, CRS, GRI,MRP

Eileen Burns - thanks for sharing. 

Oct 13, 2022 07:08 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Eileen, am surprised to see the median price is only $560,000.   Great report.

Nov 20, 2022 11:47 AM
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Flower Mound, TX
Selling Homes Changing Lives

Eileen Burns - Just wanted to stop by again to let you know you and your hubby are in my thoughts and prayers this holiday. May you have smiles and plenty of good food, family and friends to hug, and an abundance of blessings. 

Dec 11, 2022 02:03 PM