How much do homes in Margate, FL cost?

Median List Price

$234,983

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$4,983(+2.2%)

Key Takeaway

The list price of homes in Margate has increased by 2.2% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $59.9K$72.4K+21.0%
2 $130K$144.5K+11.2%
3 $299K$349K+16.7%
4 $350K$379K+8.3%
5+ $269.9K$439.9K+63.0%

Median List Price Compared To Nearby Cities

North Lauderdale
+16.1%
Coral Springs
+13.8%
Coral Springs-Margate
+9.2%
Margate
+2.2%
Coconut Creek
+1.6%

How many homes are available in Margate, FL?

Number of Homes For Sale

Jul 2021Aug 2021%
156154-1.3%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 2328+21.7%
2 7370-4.1%
3 4640-13.0%
4 1314+7.7%
5+ 12+100.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
144 Days68 Days-52.5%

Breakdown of Home Sale Times

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Key Takeaway

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About Margate, FL

Margate, FL has 154 homes for sale to choose from. Between July 2021 and August 2021, Margate, FL real estate market has seen decrease in the number of listings by 1.3%. The median list price of listings available in August 2021 was $234,983, while the average time on the real estate market was 68 days. From July 2021 through August 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 21%, prices of 2 bedrooms properties went up by 11.2%, prices of 3 bedrooms properties went up by 16.7%, 4 bedrooms properties prices increased by 8.3%, prices of 5 bedrooms properties increased by 63%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 21.7%, 2 bedrooms homes inventory decreased by 4.1%, the quantity of 3 bedrooms homes went down by 13%, volume of 4 bedrooms homes went up by 7.7%, volume of 5 bedrooms homes went up by 100%. Over 10 listings were sold over their listed price in August 2021 in Margate, FL. In the same period over 11 listings were sold below the listed price and 8 listings were sold for the listed price.

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