What is the current real estate market like in Fort Lauderdale?

The Fort Lauderdale real estate market in 2026 shows stabilized prices after the 2022–2023 peak, with improved inventory giving buyers more negotiating power. Well-priced homes still attract strong demand and move quickly. Contact Scott Lehr at (954) 342-6180 for a current market snapshot with accurate days-on-market and pricing data.

Are home prices rising or falling in Fort Lauderdale in 2026?

Fort Lauderdale home prices are showing modest appreciation of 3–5% year-over-year in 2026. Waterfront and luxury properties ($2M+) remain high-demand, while the first-time buyer segment ($350K–$700K) sees the most competition from multiple offers. Call (954) 342-6180 for a current comparative market analysis.

Is 2026 a good time to buy a home in Fort Lauderdale?

Yes — 2026 presents a balanced market with more inventory than 2021–2022, more realistic seller expectations, and stabilizing mortgage rates. Buyers who waited out the 2022 peak now have better negotiating power and more choices. The Home Owners Listing Team can identify today's best opportunities — call (954) 342-6180.

Reports

August 04, 2025

🏡 In The Know

South Florida Real Estate Market Update – June 2025

By Scott Lehr – The Home Owners Listing Team
📍 www.reallistingagent.com

📍 MIAMI-DADE COUNTY MARKET OVERVIEW

🏢 Townhomes & Condos

Miami’s condo and townhome segment saw a 12.9% decline in closed sales compared to last year, dropping from 1,085 to 945. Despite the drop in volume, the median sale price climbed to $445,000—a 6% increase YoY, reflecting strong demand in higher-end markets or possibly smaller inventory in lower-price tiers.

Key Miami Condo Stats (June 2025):

🧾 Median Price: $445,000 (▲ 6.0%)
📉 Closed Sales: 945 (▼ 12.9%)
💰 Cash Buyers: 466 (▼ 13.9%)
🕒 Time to Contract: 68 days (▲ 36%)
🏘️ Active Listings: 13,046 (▲ 36.1%)
📦 Months of Inventory: 14.1 months (▲ 58.4%)

🔎 Insight: While more inventory is entering the market, buyers are taking longer to make decisions. Sellers must price competitively and be patient.

🏠 Single-Family Homes

Sales of Miami-Dade single-family homes fell 7%, but median prices still rose to $670,000 (▲ 2%). Inventory grew 44%, and the months of supply increased to 6.6, suggesting a transition toward a buyer-friendlier market.

Key Miami SFH Stats (June 2025):

💵 Median Price: $670,000 (▲ 2.0%)
📉 Closed Sales: 898 (▼ 7.0%)
💰 Cash Buyers: 231 (▼ 2.9%)
🕒 Time to Contract: 42 days (▲ 50%)
🏘️ Active Listings: 5,669 (▲ 44.3%)
📦 Months of Inventory: 6.6 months (▲ 50%)

📌 Takeaway: Homes are staying on the market longer, but pricing is still holding strong. Sellers must focus on standout marketing and smart staging.

📍 BROWARD COUNTY MARKET OVERVIEW

🏢 Townhomes & Condos

Broward County condos experienced a 15% drop in closed sales, and unlike Miami, median prices dipped to $269,950 (▼ 6.1%). This signals more negotiating room for buyers, especially those with cash or flexible closing timelines.

Key Broward Condo Stats (June 2025):

🧾 Median Price: $269,950 (▼ 6.1%)
📉 Closed Sales: 908 (▼ 15.0%)
💰 Cash Buyers: 481 (▼ 13.0%)
🕒 Time to Contract: 63 days (▲ 40%)
🏘️ Active Listings: 11,686 (▲ 30.7%)
📦 Months of Inventory: 12.3 months (▲ 55.7%)

🎯 Tip for Buyers: Use the growing inventory and longer days on market to your advantage in negotiations.

🏠 Single-Family Homes

Broward’s single-family home sales fell by nearly 10%, with median prices easing slightly to $629,950 (▼ 1.6%). However, average prices rose—indicating activity in the upper price brackets. Inventory is up significantly, giving buyers more leverage.

Key Broward SFH Stats (June 2025):