Housing Prices Are Rising in the Fort Lauderdale Area

Home sales in the Fort Lauderdale metropolitan area continue to increase, especially in the luxury segment, as sales of properties priced over $1 million have increased by an impressive 32%.

The Miami Association of Realtors recently released a report highlighting that home sales in Fort Lauderdale increased by 10% between 2023 and 2024. The rise in sales of homes priced over $1 million shows that the area is now gaining a strong reputation as a destination for high-end real estate investment.

On the other hand, the city’s appeal—with its stunning beaches, vibrant cultural offerings, and luxury amenities—continues to attract both domestic and international buyers. Additionally, low interest rates also provide better conditions for many people to want to invest in luxury properties.

The Fort Lauderdale real estate market shows no signs of slowing down, so analysts expect continued growth in luxury property sales, not only due to the surrounding natural beauty that is sought after for vacation homes but also because of its excellent lifestyle and quality of life, making it an ideal place to live.

Available Foreclosures:

Fort Lauderdale: 12 homes available

Broward County (excluding Fort Lauderdale): 45 homes available.

By Elías DaSilva | 05 de diciembre de 2024