We have just released “The Elliman Report: Fort Lauderdale 4Q 2012,” the most comprehensive and timely analysis of the Fort Lauderdale housing market available. The report provides analysis of the overall, luxury and waterfront market trends by property type.  It is produced in conjunction with Miller Samuel to provide you and your clients with the most comprehensive and neutral market insight available.

 

The Fort Lauderdale housing market continued to show year-over-year gains in housing prices and number of sales. While price trends for the overall and luxury condo markets outperformed their single family counterpart, single family sales out performed condo sales.  The average time to market a luxury property that closed in the quarter slowed as older lagging listing inventory was worked off by the increase in sales activity. While we are encouraged by the gains seen throughout 2012, we anticipate more improvement throughout 2013. 

 

As housing conditions change in South Florida, we strive to present our clients with timely insights on the markets we cover. In a region where housing markets are often mischaracterized and misunderstood, we firmly believe that neutral market analysis is one of the best resources we can offer to enable our clients to make more informed decisions. Douglas Elliman is firmly committed to providing information and services to meet our clients’ needs.  Explore our full market report series covering south Florida including Miami, Boca Raton, Fort Lauderdale and Palm Beach at  http://www.ellimanflorida.com/market-reports/