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Elliman Report: Fort Lauderdale Sales 4Q 2017

The Fort Lauderdale housing market was generally characterized by rising sales prices, both sliding sales and inventory levels as well as larger sized luxury sales. Condo median sales price declined 0.9% to $284,750, and average sales price rose 9.1% to $426,796 respectively from the prior-year quarter. Single-family median sales price rose 5.9% to $360,000 and average sales price increased 23.5% to $751,285 respectively over the same period. In the luxury market, representing the top…

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