Fort Lauderdale, FL Foreclosures
How much do homes sell for in Fort Lauderdale, FL?
The average home price is currently $817,746.
In Fort Lauderdale, FL, how many homes are available?
There are currently 2,483 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, known for its stunning beaches and vibrant nightlife, offers a coastal lifestyle with a rich cultural scene. The city is home to a variety of restaurants, art galleries, and shopping districts. With a strong economy and a range of outdoor activities, including boating and water sports, Fort Lauderdale is an attractive destination for residents and visitors alike.
Current Market Conditions in Fort Lauderdale, FL
The real estate market in Fort Lauderdale is currently experiencing a seller's market, characterized by low inventory and high demand. The attractive coastal location, coupled with strong economic factors, has led to increased home prices in the area. Buyers are keen to invest in waterfront properties, which have become highly sought after due to their rarity and desirability.
Recent trends show that homes in Fort Lauderdale are selling quickly, with many listings receiving multiple offers. This heightened competition is pushing prices higher, making it imperative for buyers to act swiftly when they find a property they love. Additionally, luxury properties have seen particularly strong demand, driven by affluent buyers from out of state looking to relocate to the Sunshine State.
Home Value Estimator For Fort Lauderdale, FL
There are currently 91,374 real estate properties
in Fort Lauderdale, FL,
with a median automated valuation model (AVM) price
of $475,168.00. 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 $817,746.00, 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.
Learn more on Foreclosure homes
