7 Things to Know About the Fort Lauderdale Real Estate Market
The Fort Lauderdale real estate market is booming and is considered a balanced market for investment. The median home sold price in July 2023 was $515K, a slight reduction year-over-year. Homes for sale in Fort Lauderdale sell within an average of 53 days and receive, on average, two offers. The benefits of investing in this Florida beach town include a strong rental market, a stable job market, and the option to convert property into tourist accommodation.