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Terra Mar Island Estates Home Values and Market Report

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Report prepared by Southflhomes.com

Market at a glance

Over the last 12 months, homes sold for 92.8% of list price in 89 days on average.

Average price, last 12 months

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

List · $1.8M Sold · $1.75M
$10.1M$7.2M$4.3M$1.4M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1 sale in Jan. Last month: 0.

Where the market stands

All homes in this report, by status.

13homes
Active6 · 46%
Sold (12 mo)7 · 54%

Buyer's or seller's market?

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

9.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.39M
Sold$3.08M

Average days on market

Active73 days
Sold89 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 6
Average list price $2,392,000
Avg. days on market 73 days
Avg. price per ft² $861
Avg. living area 2,621 ft²
Avg. beds / baths 3.3 / 3.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$9M$6M$3M$0

Price vs. living area: 6 homes plotted, up to $9M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 6 homes in this status.

1670 E Terra Mar Drive$1,461
1390 E Terra Mar Drive$1,107
1420 E TERRA MAR Drive$916
1755 E Terra Mar Drive$705
3240 Lakeview Drive$541
1350 W TERRA MAR Drive$436

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1420 E TERRA MAR DrivePompano Beach, FL 33062 322,050$1,879,000$9165 days
1350 W TERRA MAR DrivePompano Beach, FL 33062 332,977$1,300,000$43621 days
3240 Lakeview DrivePompano Beach, FL 33062 332,398$1,299,000$54122 days
1390 E Terra Mar DrivePompano Beach, FL 33062 321,625$1,800,000$1,10799 days
1670 E Terra Mar DriveLauderdale By The Sea, FL 33062 564,446$6,499,000$1,461127 days
1755 E Terra Mar DriveLauderdale By The Sea, FL 33062 322,234$1,575,000$705166 days
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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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