Fort Lauderdale, FL Foreclosures
How much do homes sell for in Fort Lauderdale, FL?
The average home price is currently $809,644.
In Fort Lauderdale, FL, how many homes are available?
There are currently 1,691 active home listings available in Fort Lauderdale.
What’s the average rental cost in Fort Lauderdale, FL?
The average rental price in Fort Lauderdale is $2,056.
What is the most expensive home in Fort Lauderdale?
The most expensive home sold in Fort Lauderdale had a price of $186,267,656.
What is currently the cheapest priced home in Fort Lauderdale, FL?
The cheapest home for sale in Fort Lauderdale is priced at $15,282.
Living in Fort Lauderdale, FL
Fort Lauderdale is a vibrant coastal city known for its beautiful beaches, boating canals, and luxury waterfront properties. With a diverse cultural scene, including museums, theaters, and fine dining, it offers an urban lifestyle with a relaxed atmosphere. The city is popular among tourists and residents alike, attracting those who enjoy year-round sunshine and a rich array of outdoor activities.
Current Market Conditions in Fort Lauderdale, FL
The real estate market in Fort Lauderdale has been showing positive growth trends, characterized by a steady demand due to its desirable coastal location. Property values have been on the rise, driven by interest from both local and out-of-state buyers looking for second homes and investment opportunities. The area continues to be attractive for luxury developments, as well as affordable housing options that are scarce yet in demand.
Currently, homes for sale are experiencing shorter listing times, with many properties receiving multiple offers. The diverse market includes waterfront homes, condos, and single-family houses, catering to various buyer demographics. Real estate investors are noticing an uptick in rental demand, especially due to the area's appeal as a vacation destination.
Home Value Estimator For Fort Lauderdale, FL
There are currently 91,358 real estate properties
in Fort Lauderdale, FL,
with a median automated valuation model (AVM) price
of $464,381.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Fort Lauderdale, FL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Fort Lauderdale, FL,
is $809,644.00, with the most expensive house
in Fort Lauderdale, FL, topping out
at $186,267,656.00 and the cheapest home
in Fort Lauderdale, FL,
clocking in at $15,282.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Fort Lauderdale, FL!
Rent Prices
In Fort Lauderdale, FL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Fort Lauderdale, FL, is on
a rollercoaster ride. The
average rent price in Fort Lauderdale, FL,
is $2,056.00. Indeed, when looking to rent in
Fort Lauderdale, FL, you can expect to pay as little
as $680.00 or as much
as $6,000.00,
with the average rent median estimated to
be $1,820.00. The good news is that finding
an affordable and desirable property to rent in Fort Lauderdale, FL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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