Elliman Report: Fort Lauderdale Sales 3Q 2012
October 18, 2012
Price indicators jumped above last
year’s levels as sales fell Median sales
price increased 16.3% to $200,000 from
prior year levels. Average sales price and
average price per square foot increased
19.6% and 25.4% respectively over the
same period. Sales fell 12.2% to 466 from
531 sales in the same quarter last year.
Listing inventory held firm over the past two
quarters at just above the 1,000 threshold.
Double-digit gains across all price
indicators as larger properties sold
The average size of a single family sale
was 1,870 square feet, 8.7% larger than
the same period last year. This compounded
the gains in all price indicators.
Median sales price jumped 58.4% to
$221,750 from prior year levels.
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