Greater Ft. Lauderdale Area Market Report May-14

Ft. Lauderdale Market Update Greater Ft. Lauderdale Area Market Report May-14
Source: REALTOR® Association of Greater Ft. Lauderdale 

REALTOR® Association of Greater Ft. Lauderdale  reports median single-family home price up 6.0% in May-14 over Apr-14, sales fall to 649.

May-14 Quick Facts:

  • The median price of existing single-family homes increased to $299,000 up 6.0% vs Apr-14.
  • Existing single-family home sales decreased -0.9% from Apr-14 for a May-14 total of 649 sold units.
  • Condos increased in price to $105,950 up 3.4% vs Apr-14.
  • Existing condo sales decreased -7.0% in May-14 over Apr-14 for a total of 556 sold units.

 

Single Family Median Home Price
May-13 vs May-14
Clarus MarketMetrics®
6/10/2014

 

The Number of Sold Properties by Month
May-13 vs May-14

Clarus MarketMetrics®
6/10/2014

May-14 REALTOR® Association of Greater Ft. Lauderdale  Regional Sales and Price Activity

REALTOR® Association of Greater Ft. Lauderdale Median Price Percent Change in Price from Prior Month Percent Change in Price from Prior Year Total # Units Percent Change in Sales from Prior Month Percent Change in Sales from Prior Year
May-14 Apr-14 May-13 May-14 Apr-14 May-13
MLS Wide
RAGFL (Single Family) $299,000 6.0% 20.6% 649 -0.9% -17.1%
RAGFL (Condo) $105,950 3.4% 31.6% 556 -7.0% -22.0%
GFLR Region Cities
Single Family Only
Boca Raton $305,000 -3.0% 12.2% 17 -5.6% -29.2%
Boynton Beach $255,250 3.8% 66.3% 4 33.3% -60.0%
Coconut Creek $301,500 6.7% 29.7% 21 50.0% 31.3%
Cooper City $340,000 -27.3% -1.7% 7 16.7% -36.4%
Coral Springs $334,800 -3.4% 7.3% 59 1.7% -3.3%
Dania $299,950 30.9% 9.9% 4 100.0% -50.0%
Davie $336,500 -4.4% -20.9% 16 -5.9% -20.0%
Deerfield Beach $255,000 5.2% 10.9% 19 -5.0% -9.5%
Delray Beach $327,500 62.9% 162.0% 2 -60.0% -50.0%
Fort Lauderdale $334,000 -5.9% -1.8% 92 -14.8% -27.6%
Hallandale $118,500 27.4% -83.5% 2 100.0% 0.0%
Hialeah $194,500 34.1% 29.7% 1 0.0% 0.0%
Hollywood $171,074 -24.2% -7.5% 21 -4.5% -27.6%
Homestead 0 -100.0% -100.0%
Lakeworth $264,000 3.1% -7.8% 4 -33.3% -50.0%
Lauderdale By The Sea $400,000 -15.8% -16.4% 6 20.0% 50.0%
Lauderdale Lakes $135,000 10.0% 20.0% 9 125.0% 12.5%
Lauderhill $115,300 -25.6% -11.1% 7 -22.2% -41.7%
Lighthouse Point $473,607 -65.8% -38.2% 10 42.9% -16.7%
Margate $200,000 17.7% 18.0% 23 0.0% -11.5%
Miami $173,250 -27.8% 12.1% 22 29.4% 15.8%
Miami Gardens $145,000 32.4% 2 -66.7%
Miramar $278,000 -9.4% 35.6% 19 18.8% 26.7%
North Lauderdale $167,500 24.3% 63.4% 13 0.0% 30.0%
North Miami Beach $175,000 9.6% 1.7% 3 50.0% 0.0%
Oakland Park $255,000 20.3% 72.8% 19 -24.0% -13.6%
Parkland $542,500 -6.5% -2.3% 24 4.3% -4.0%
Pembroke Pines $321,450 7.2% 22.7% 22 -15.4% -18.5%
Plantation $340,000 5.4% 2.9% 45 181.3% 18.4%
Pompano Beach $195,000 21.1% 36.8% 37 2.8% -24.5%
Port St. Lucie $167,000 1.2% 68.7% 2 100.0% -33.3%
Royal Palm Beach $250,000 -3.8% 79.9% 2 -33.3% 0.0%
Southwest Ranches $833,250 63.2% -16.7% 4 -20.0% 300.0%
Sunrise $214,500 -6.3% 23.2% 21 -48.8% -30.0%
Tamarac $175,000 16.7% 34.6% 33 -10.8% -26.7%
Wellington $313,500 -1.1% 22.9% 2 100.0% -50.0%
West Palm Beach $315,000 228.1% 45.2% 3 -57.1% -40.0%
Weston $512,000 9.8% 13.8% 21 5.0% -27.6%
Wilton Manors $418,750 20.1% 36.8% 12 -7.7% -42.9%

Single Family = Single Family Res
Condo = Condo/Co-Op/Villa/Townhouse
Reports generated from Clarus MarketMetrics®

Contact your REALTOR® for additional local market trends in your neighborhood. Reports were generated from ClarusMarketMetrics® for the Realtor Association of Greater Ft. Lauderdale.

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