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Elliman Report: Fort Lauderdale Sales 4Q 2018

Condo sales increased year over year for the fourth consecutive quarter as all condo price trends posted significant gains. There were 454 sales in the final quarter of 2018, a 3.2% increase from the same period last year. Condo median sales price rose by 8.9% to $310,000, and luxury condo median sales price jumped 25.8% to $1,550,000 respectively over the same period. Condo listing inventory rose 5.7% to 1,569 and condo luxury inventory, representing the top 10% of supply, dropped…

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