Is Lauderhill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Lauderhill was a Neutral Market.
Housing Prices in Lauderhill, FL
How much do homes in Lauderhill, FL cost?
Median Sold Price
$195,000
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lauderhill was $195,000 in February 2024, up 14.5% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.2K | $105K | +8.0% |
2 Bedrooms | $150K | $162K | +8.0% |
3 Bedrooms | $330K | $379.4K | +15.0% |
4 Bedrooms | $425K | $462.5K | +8.8% |
5+ Bedrooms | $372.5K | $405K | +8.7% |
Summary: Lauderhill housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Lauderdale Lakes | $130K | $150K | +15.4% |
Lauderhill | $170.3K | $195K | +14.5% |
Tamarac | $285K | $310.5K | +9.0% |
Fort Lauderdale | $447.1K | $466.5K | +4.4% |
Plantation | $438.4K | $453.8K | +3.5% |
Housing Supply in Lauderhill, FL
How many homes are available in Lauderhill, FL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
312 | 366 | +17.3% |
Summary: The Lauderhill real estate market had 366 homes for sale in February 2024, a 17.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 73 | 82 | +12.3% |
2 Bedrooms | 145 | 181 | +24.8% |
3 Bedrooms | 71 | 78 | +9.9% |
4 Bedrooms | 17 | 18 | +5.9% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Lauderhill housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.3%, 2 bedroom homes increased by 24.8%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
24 | 35 | +45.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Lauderhill in February 2024, up by 45.8% month-over-month. Of the 35 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for Lauderhill, FL
How long does it take to sell a home in Lauderhill, FL?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
39 Days | 39 Days | +0.8% |
Summary: Homes in Lauderhill had an average of 39 days on market in Feb 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 35 homes were sold in Lauderhill; 54% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.