< All Market Reports
Elliman Report: Fort Lauderdale 2Q 2012
CONDO/TOWNHOUSE: Median sales price
was up 21.2% to $209,000, from $172,440
in the prior year quarter. Average sales price
and price per square foot showed similar
double-digit gains over the same period.
The number of sales declined 7.7% to 608
from 659 in the prior year quarter. With
1,035 listings at the end of the second
quarter, the 5.1-month absorption rate
was considered tight for the region…
SINGLE FAMILY: Median sales price was
$209,000, up 21.2% from $172,440 in
the prior year quarter. The other price
indicators showed similar patterns;
however, the gains were not as a result of
larger sized home sales. The average size
of a single family sale increased 6.4% to
1,989 square feet over the same period…
