May 2025
Fort Lauderdale Market Update
The Fort Lauderdale housing market in May 2025 saw a mix of pricing gains and declining activity, highlighting a changing landscape for both buyers and sellers. Inventory continues to climb, offering more choices but also signaling longer selling times across both single-family homes and the townhouse/condo segment.
Single-Family Homes
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Closed Sales: 119 (â–¼ 27% YoY)
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Median Sales Price: $715,500 (â–² 18% YoY)
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Active Inventory: 1,000 (â–² 21% YoY)
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Months’ Supply of Inventory: 8.3 months (up from 6.4)
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New Listings: 195 (â–¼ 18% YoY)
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New Pending Sales: 111 (â–¼ 27% YoY)
The single-family home market in Fort Lauderdale experienced a sharp drop in closed sales and pending activity, even as prices continued to rise. With over eight months of supply, conditions are tipping in favor of buyers, and sellers face increased competition.
Fort Lauderdale Townhouses and Condos
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Closed Sales: 136 (â–¼ 21% YoY)
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Median Sales Price: $499,500 (â–¼ 4.9% YoY)
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Active Inventory: 1,756 (â–² 20% YoY)
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Months’ Supply of Inventory: 13.5 months (up from 10.0)
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New Listings: 222 (â–¼ 22% YoY)
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New Pending Sales: 130 (â–¼ 21% YoY)
Townhouse and condo activity continued to cool, with fewer sales and a noticeable dip in median price. Inventory swelled significantly, contributing to a deepening buyer's market and extended listing timelines.
