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Margate Home Values and Market Report

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Southflhomes.com
Report prepared by Southflhomes.com

Market at a glance

Over the last 12 months, homes sold for 97.0% of list price in 77 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $298K Sold · $288K
$420K$370K$320K$270K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 54 sales in Apr. Last month: 40.

Where the market stands

All homes in this report, by status.

774homes
Active281 · 36%
Under contract29 · 4%
Sold (12 mo)464 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.1months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$314K
Under contract$286K
Sold$330K

Average days on market

Active88 days
Under contract71 days
Sold77 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 281
Average list price $313,703
Avg. days on market 88 days
Avg. price per ft² $248
Avg. living area 1,145 ft²
Avg. beds / baths 2.1 / 2.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

11 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 237 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

12 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

157 N Cortez Drive$2,435
382 Sundial Circle Unit 382$842
397 SUNDIAL Circle Unit 397$718
634 N CORTEZ Drive Unit 634$686
381 Sundial Circle Unit 381$653
6337 NW 24TH Court$496
486 S Cortez Drive Circle S Unit 486$458

All active listings (281)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5433 NW 27TH Street Unit 5433Margate, FL 33063 331,642$480,000$2920 days
5660 SW 3RD Place Unit 203Margate, FL 33068 11680$70,000$1020 days
6518 CORAL LAKE Drive Unit 206Margate, FL 33063 22990$180,000$1811 day
7300 NW 5TH Court Unit 102Margate, FL 33063 22990$135,000$1361 day
3353 CONFETTI Lane Unit 72-8Margate, FL 33063 221,110$315,000$2833 days
6969 NW 4TH CourtMargate, FL 33063 321,491$525,000$3523 days
6260 SW 6th StreetMargate, FL 33068 421,835$525,000$2863 days
3092 Palm PlaceMargate, FL 33063 331,500$475,000$3163 days
5114 NW 27TH CourtMargate, FL 33063 321,789$559,999$3135 days
153 W HEMINGWAY CircleMargate, FL 33063 331,354$355,000$2626 days
Southflhomes.com

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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