May 2023 Fort Lauderdale Real Estate Market Update Report!

by Cameron Scott

🏑 Fort Lauderdale Real Estate Market Update For May 2023! 🌴 Despite fewer transactions in the past year, the value of homes continues to shine! πŸ’Ž
 
Single Family Homes 🏘️: Our Median Sales Price jumped 23.9% in May 2023 compared to May 2022, showing that the charm and value of single-family homes remain strong. πŸš€
 
Townhouses/Condos 🏒: We also saw a positive 5.7% rise in the Median Sales Price in May 2023 versus May 2022. Looks like there's an appreciation for vertical living as well! πŸ“ˆ
 
Good News for Buyers πŸ‘πŸΌ: Both home types are seeing more inventory, up 7.3% for single-family homes and a whopping 81.8% for condos/townhomes! More choices mean more chances to find your dream home! πŸŽ‰
 
Our sunny Fort Lauderdale market still shines bright in the real estate sector. β˜€οΈ Keep following for more updates!
 
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