Oceanfront Condo Market Watch – May 2025
2 years ago we had less than 6 months of oceanfront condo inventory in Northeast Broward County. We now have 13 months of supply and arguably a strong buyer’s market.
May 21, 2025
2 years ago we had less than 6 months of oceanfront condo inventory in Northeast Broward County. We now have 13 months of supply and arguably a strong buyer’s market.
Median sale prices for oceanfront condos are mixed across the markets, but overall median sale prices are up 6% since last year in NE Broward County.
Inventory levels on Fort Lauderdale’s waterfront are technically favoring buyers, but we still wouldn’t call it a buyer’s market. Check out the October reports.
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 levels on Fort Lauderdale’s waterfront are technically favoring buyers, but we wouldn’t call it a buyer’s market.
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
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
Fort Lauderdale Beach getting a 5-Star Hotel and 4 Luxury Condo Towers The much anticipated Bahia Mar development deal has finally been approved by the Fort Lauderdale city commission. After