Fort Lauderdale Housing Market Update: Is It A BUYER'S or SELLER'S Market Now?

Fort Lauderdale Real Estate Market Update (Single Family Homes) July 2025

Fort Lauderdale Real Estate Market Update July 2025 | Fort Lauderdale Homes

Is the Fort Lauderdale housing market finally cooling off? Or are we still seeing record-high prices? Today, we're looking at the latest data to answer your most pressing questions about buying and selling homes in Fort Lauderdale. The numbers don’t lie, but the media might!

If you're a homeowner, a prospective buyer, or an investor, you've probably heard a lot of conflicting information. In this video, we’re cutting through the noise and diving deep into the latest Fort Lauderdale housing market data, so you can see exactly where things stand. We’ll cover everything from median prices and total sales to days on the market and months of inventory. Whether you're thinking of buying, selling, or just want to stay informed, this is the most critical real estate update you'll find for Fort Lauderdale. Let's get into the charts

Median Sold Price of single family homes in Fort Lauderdale Florida:

The median home price in Fort Lauderdale is now $600,000. For those of you new to seeing this, know that I don’t put any stock into median pricing.  The Fort Lauderdale market has too few sales and the price swings are way too wide between property types in order to take much from this data, in my opinion. Just looking at the chart stand alone you can see it looks completely manic with all the zigs and zags.

Total number of homes sold in Fort Lauderdale:

While I may not take median pricing that seriously, I do take the total number of sales very seriously. What really matters more than how many buyers are stepping up and actually purchasing? So we’re down from 145 to 123 homes sold year over year. We’re clearly on the lower half of this chart. So we’ve been range bound here between 100 and 200 sales monthly.  Historically sales get weaker from now through January. So it is a bit concerning that at this point in the year we’re on the low side of the chart, but we will see what the next couple months bring.

List to sales price ratio of homes sold in Fort Lauderdale:

For those of you knew to this analysis, list to sales price is the percentage of original listing price properties are selling for.  A higher number favors sellers, a lower number favors Buyers as it shows more room for negotiation and price reductions are happening. Here’s a lot of the way I like to use this.  First, if you’re a Seller and you refuse to negotiate on your listing price, you’re probably going to be out in the cold here.  And don’t try to bump your asking price 5% over the market, it just won’t sell as Buyers will likely ignore your listing. Just accept that if you’re going to list in this market, you’re going to have to be open and willing to negotiate. Buyers, if you want to fire offers off 15% below asking price, it’s not that market for that either.

If you’re looking to purchase a home in Fort Lauderdale, please do one of the following. Give me a call or text at (786)443-7203, and tell me where you are in your home search and what you’re looking for. If you don’t want to call me because I somehow scare you, email me at caseyprindle@gmail.com and tell me what you’re looking for.

Days on market:

The days of market are going to be the number of days a home is actively listed before going to pending sale.  This is not how long it takes to close, just to go from active to pending.  If you’re a Seller you don’t want to see this number rising.  We’re sitting at 49 days. I’d still say we’re on the high side of the chart here for sure. Sellers if you see 49 days and the Buyer needs 45 days to close understand that you’re looking at more than 90 days until you get the sale closed and money in your bank account. To me days in market is a good way to measure market pressure.  If we’re sitting at a month and a half average on market, it likely means a buyer sees a property in June, and it’s still on the market in July, there’s no leverage to call them up and say you have to buy today! The pressure just isn’t there which makes it hard for sellers (and their agents).

Median price per square foot:

So if you’ve listened to me for a few months, tune this out, it’s the same thing still. Median price per square foot of Fort Lauderdale home sales, still on the high side of this chart.  $402 vs $394 year over year. Again the good stuff in good condition is selling and the good stuff costs more.

Total dollar volume of Fort Lauderdale Home Sales:

Careful with this chart in Fort Lauderdale.  $10 million sales are not that uncommon anymore. A few of those close in a given month and volume is going to spike. This used to be much more useful several years back when we didn’t have these crazy high sales on individual homes.  Because that now happens it kind of muddies the waters on volume, which is why I focus less and less on it. A lot like I say with Median sale and psf pricing.

Again if you’re looking to sell a home in Fort Lauderdale please call me at (786)443-7203.  Whether you’re selling next month or next year, it’s best to call me sooner rather than later so I can provide you with more service value.

Months of inventory

If you’re new to following me, supply is my favorite chart to look at, closely followed by total number of sales, in order to gauge market health.  Supply can give you more a crystal ball than anything else in terms of market direction.  Less inventory is good for Sellers and bad for Buyers.  We’re still running just over 23% more supply year over year. Supply just hasn’t seemed to have peaked yet meaning this is going to be tougher and tougher waters for Sellers. We’re knocking on the door of 8 months worth of supply meaning if sales stayed level and no new listings came to market it would take almost 8 months to sell the active inventory on the MLS. 

Here's what I want to say.  If you call me today and say I don’t just want to sell my home, this isn’t the market for that, but I need to sell my home, we can have a constructive conversation.  Aspirational pricing, this isn’t the market for it. What you really have to do, is look at whats for sale in a price range, be on the low end of that range and be in better condition than anything else given the price point.  That’s the reality of the market right now.    

The easiest way to find me is just to call me.  My cell number is 786-443-7203.  Don’t be shy. Don’t just lurk on my videos, give me a call, let’s chat. I sincerely appreciate each and every one of you that watches these videos. Whether you’re thinking of Buying or Selling a property, and that includes Land and Commercial properties, pick up that phone!