Property prices for sale in Fort Lauderdale (Florida)

The prices in real estate in Fort Lauderdale, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fort Lauderdale has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,163. In the following month the price per sq.feet decreased considerably to $1,518. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 141 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2,271.25 to $3,192.5 during February, and March.

Average price

Based upon to the price in Fort Lauderdale (cities), this has fallen considerably in the last 6 months. The average price for October is $1,582,020. During November the price had a considerable reduction till $1,314,515. In the following two months the average price has remained the same with regard to the previous two months from $1,448,267.5 to $1,414,070. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,431,168.75 to $1,284,884 in February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,438,157 they are 72 % more affordable than the average price for Fort Lauderdale. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,325,400.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $518 / sq.feet, with an average $3,591 / sq.feet price in Fort Lauderdale. The properties with the lowest average prices have 4 bedrooms. They are 82 % cheaper than the average followed by properties with 3 bedrooms with a price at $623 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,438,157 it is 39 % cheaper than the average price in Fort Lauderdale. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $2,022,830 it is 705 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $562 / sq.feet followed by "Townhouse" priced at $3,013 / sq.feet. "Land" is the most costly type of property with a $9,641,466 / sq.feet cost followed by "Villa" with an average price of $7,050 / sq.feet.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Fort Lauderdale
Number of properties used in region Florida
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value