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Elliman Report: Fort Lauderdale Sales 4Q 2019

The single-family and luxury single-family markets continued to outperform their condo market counterparts in price direction. In the overall condo market, all price trend indicators fell short of year-ago levels, with the median sales price down 3.2% to $300,000, the third decline in the last four quarters. The luxury condo market, representing the top 10% of all condo sales, began at $825,000 in the fourth quarter of 2019, down 24.7% from the $1,095,000 record set in the prior-year quarter. All…

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