Is Lauderhill, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lauderhill was a Seller's Market.
Housing Prices in Lauderhill, FL
How much do homes in Lauderhill, FL cost?
Median Sold Price
$191,333
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lauderhill was $191,333 in March 2024, up 6.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $97.7K | $105K | +7.4% |
2 Bedrooms | $155K | $161.5K | +4.2% |
3 Bedrooms | $339.9K | $379.9K | +11.8% |
4 Bedrooms | $425K | $470K | +10.6% |
5+ Bedrooms | $350K | $412.5K | +17.9% |
Summary: Lauderhill housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 17.9%.
Median Sold Price Compared To Nearby Cities
Lauderdale Lakes | $134K | $152.9K | +14.1% |
Tamarac | $290K | $313.2K | +8.0% |
Fort Lauderdale | $439.9K | $475K | +8.0% |
Lauderhill | $179.3K | $191.3K | +6.7% |
Plantation | $443.7K | $461.1K | +3.9% |
Housing Supply in Lauderhill, FL
How many homes are available in Lauderhill, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
342 | 387 | +13.2% |
Summary: The Lauderhill real estate market had 387 homes for sale in March 2024, a 13.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 72 | 77 | +6.9% |
2 Bedrooms | 165 | 190 | +15.2% |
3 Bedrooms | 80 | 91 | +13.8% |
4 Bedrooms | 18 | 24 | +33.3% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Lauderhill housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 15.2%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 35 | -7.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Lauderhill in March 2024, down by 7.9% month-over-month. Of the 35 sold homes, 66% were sold under asking, 23% were sold at asking, and 11% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
55 Days | 95 Days | +73.3% |
Summary: Homes in Lauderhill had an average of 95 days on market in Mar 2024, up by 73.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Lauderhill; 34% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.