June 2025
Fort Lauderdale Market Update
Fort Lauderdale's housing market continued to evolve in June, reflecting a mix of moderating prices, rising inventory, and slower sales activity. These trends suggest a more favorable environment for buyers, particularly in a market adjusting to broader economic conditions.
Single-Family Homes
The single-family home market in Fort Lauderdale showed a slight decline in activity:
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Closed sales dropped by 1.8% year-over-year, totaling 111 transactions.
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The median sales price fell by 14% to $600,000, indicating softening buyer competition.
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Active inventory rose 19% to 965 homes, increasing buyer options.
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Months of supply expanded from 6.4 to 8.1, pointing to a slower-moving market.
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New listings slipped by 4.2% (207), and new pending sales dropped 13% to 130.
Fort Lauderdale Townhouses and Condos
The townhouse and condo segment also experienced cooling demand but with some bright spots:
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Closed sales decreased 21% to 125 transactions.
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The median sales price declined 3.8% to $469,000.
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Active inventory climbed 16% to 1,684 units, contributing to a growing supply.
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The months of supply increased from 10.2 to 13.2, signaling a pronounced shift toward a buyer’s market.
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New listings inched up 0.4% (232), and new pending sales improved 6.8% to 141, suggesting renewed buyer interest at adjusted price levels.
Fort Lauderdale’s housing market in June 2025 showed lower prices and slower sales, with rising inventory across both single-family homes and townhouses/condos. Conditions continue to shift in favor of buyers.
