Fort Lauderdale, FL home prices and housing market

Fort Lauderdale homes are now sitting on the market for nearly three months before they sell. If you own a home here and you are weighing a sale, that number should shape your whole strategy. There are about six thousand five hundred homes for sale right now, and roughly one thousand four hundred more hit the market this month. Buyers have plenty to choose from, and they are taking their time, with the typical listing sitting for eighty-one days. Meanwhile, the typical Fort Lauderdale home is worth about five hundred forty-three thousand dollars, down just half a percent over the past year. Here is the turn: sellers are still asking about five hundred sixty-nine thousand dollars, roughly twenty-five thousand above what homes are actually worth, and about one in six listings has already cut its price. So this is not a crash. Values are basically flat. It is a standoff, and the sellers who start high are the ones losing it. Price at the market from day one and you can still sell well. Overprice, and you will sit for months and end up cutting anyway. Find out what your home is worth today with a free estimate at Home Value Pros dot com.