Overall the market is healthy in the Greater Fort Lauderdale area and Broward County. Below is a graphic of sales statistics for the month of May 2019. Notable in these statistics are the number of sales of both single family homes and condos are up 9.4% and 2.9$% respectively. Prices increases for condos outpaced single family 7.1% to 4.2% which is surprising. Also notable is inventory of available homes is creeping up.
This is what we call a balanced market. Sellers have just a slight edge over buyers of single family homes and for condos it is near equal. Condition don't favor either buyers or sellers in a macro sense. In specific neighborhoods conditions can be different.
Related:
Best Time to Sell a House in Fort Lauderdale
When is The Best Time to Buy a House in Florida
Serving The Greater Fort Lauderdale area since 2006
You can reach me 954-895-2431
If You Like This Post, Please Share. Thanks!