Is North Lauderdale, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, North Lauderdale has remained a Seller's Market.
Key Takeaway
North Lauderdale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in North Lauderdale, FL cost?
Median Sold Price
$300,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
Key Takeaway
Homes in North Lauderdale have sold for 12.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $106K | $134K | +26.4% |
| 2 Bedrooms | $182K | $225K | +23.6% |
| 3 Bedrooms | $295K | $349.9K | +18.6% |
| 4 Bedrooms | $372K | $400K | +7.5% |
| 5+ Bedrooms | $410K | - | N/A |
Median Sold Price Compared To Nearby Cities
| Margate | $280K | $329.7K | +17.8% |
| North Lauderdale | $267.5K | $300K | +12.1% |
| Tamarac | $265K | $295K | +11.3% |
| Coral Springs-Margate | $309.9K | $332.5K | +7.3% |
| Fort Lauderdale | $417.4K | $445K | +6.6% |
How many homes are available in North Lauderdale, FL?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 71 | 76 | +7.0% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 25 | 33 | +32.0% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 16 | 18 | +12.5% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Lauderdale, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
How long does it take to sell a home in North Lauderdale, FL?
How long does it take to sell a home in North Lauderdale, FL?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 30 Days | 44 Days | +43.8% |
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Lauderdale are selling fast, if you're buying plan to act quickly.
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