Fort Lauderdale Home Sales October 2012
We see Fort Lauderdale home sale October 2012 in the real estate market that supply and demand has leveled out. The market with October 2012 sales has pushed the market into a normal sellers market for both single family homes and condo sales.
In our Fort Lauderdale real estate market the median and average price has been gone up. This is a sign for healthy supply and demand.
The average supply in Fort Lauderdale is 5 month of homes.
To return to a steady and healthy real estate market it is imperative that we return to where supply and demand reach a healthy balance.
All signs in the Fort Lauderdale real estate market point to a positive turn around. Even so we have seen declining prices which help in return to get buyers off the fence.
If you need a report for a certain Fort Lauderdale community or city in South Florida let us know we can provide an up to date market analyses where you can discover how your community in the Fort Lauderdale real estate market is doing.