We published our report on the Fort Lauderdale, Florida sales market for 4Q 2012. This is part of an evolving market report series I’ve been writing for Douglas Elliman since 1994.
- Overall price indicators show year over year gains.
- Overall sales levels trending higher.
- Luxury condo prices jumped, single family slipped.
- The time to sell a property fell sharply.
Here’s an excerpt from the report:
Median sales price jumped 19.4% from the same period last year to $215,000. Average sales price and average price per square foot increased 13.5% and 12.9% respectively over the same period, while number of sales increased 3.7% to 474…
SINGLE FAMILY Median sales price jumped 13.8% from the prior year quarter to $182,000. Average sales price and average price per square foot increased 2.6% and 6.3% respectively over the same period. There were 457 fourth quarter single-family sales, a 19.3% surge above prior year levels…
You can build your own custom data tables. We’ll be adding a chart library for this market area shortly.