Oceanfront Condo Market Watch – August 2024
Fort Lauderdale’s Condo Inventory Down, Median Prices Flat At the start of the season in early February, we had 13 months of supply in the oceanfront condo market. We now
Fort Lauderdale’s Condo Inventory Down, Median Prices Flat At the start of the season in early February, we had 13 months of supply in the oceanfront condo market. We now
Inventory Returns to Normal Levels, List Prices Down Northeast Broward County Single family waterfront inventory in the Fort Lauderdale area seems to be finding its equilibrium with 8.5 months of
Fort Lauderdale’s Oceanfront Condo Inventory is Varied We’ve been watching condo inventory carefully as many older condos go through milestone inspections and struggle to comply with new state condo regulations.
New Inventory is Absorbed During Busy Season Northeast Broward County Sales volume this season was still a bit below normal levels, but activity was still strong enough to absorb the
Boaters should always be on the lookout for manatees, especially in protection zones during manatee season when manatees can be anywhere just below the surface.
Inventory Levels Are the Highest in Years for Ocean Access Homes The winter season is upon us in South Florida and the demand for waterfront property is typically very strong
Oceanfront Condo Supply Increases Dramatically Just last summer our oceanfront condo market had less than 5 months of supply, making it a solid seller’s market. Things have changed dramatically since
Inventory Levels Are Back to Normal for Ocean Access Homes This is an exciting time of year in the Fort Lauderdale area. The weather is starting to improve, the Fort
Single Family at Equilibrium, Condos Still in Short Supply The most popular segments in our real estate market are single family homes with ocean access, and oceanfront condos. We follow
Median Prices and Inventory Begin to Stabilize It was only a matter of time before we would see a correction to our waterfront property markets in Northeast Broward County. Demand
Inventory and Median Prices Through July 2021 Inventory continues to be problematic for our real estate market and until we see a significant drop in demand we expect inventory levels
Unprecedented Demand Keeps Inventory at Historic Lows Listing inventory continues to tighten as we experienced a historically high number of sales in the month of March. Supply has consistently tightened
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