Plantation Real Estate Market Report

or Create your own market report

As a Realtor, one of the most common questions I'm asked is "How's The Market?"

Here you can get a detailed Plantation market report or even customize your own report based on neighborhoods. 

As an overview of the market from my perspective, it's definitely a Seller's Market here in South Florida! Plantation is no exception. The Greater Fort Lauderdale Board of Realtors came out with statistics for the 1st Quarter of 2017 showing that single family homes in Plantation only had a 1.6 month supply of inventory.  Keep in mind that 6 months is considered average! In the townhouse / condo category, there was only a 1.1 month supply of inventory.  

This goes to show that Plantation is certainly a highly desirable area! Compare this with the averages for Broward County as a whole. Single family in Broward had a 3.3 month supply of inventory and for townhouses & condos, a 6 month supply.

If you're not interested in all these statistics and just want to search homes for sale, you can click here to go to my Plantation page or click here to go to my home page where you can search anywhere in Broward County.

In the first quarter of 2017, 165 single family homes closed in Plantation with a median sales price of $372,500. This represents a 4.3% increase over the 1st quarter of 2016. The average list to sales price was 94.9% and the median time from list to contract was 72 days.

Looking at townhouses and condos, there were 117 closed sales in the first quarter of 2017. Interestingly, 68 (more than half) were cash sales. I attribute this to the continued difficulty in financing condos in Florida. Personally I'm hoping that more condos will pursue FHA eligibility, as this would make it so much easier for young people to buy their first home. When I started in Real Estate back in 1998, there were many condos that could be purchased with FHA financing. 

Continuing on with townhouses and condos, the median sales price in Plantation for the first quarter was $150k, representing a 3.5% increase over last year.  The average list to sales price was 93.5% and the median time from list to contract was 60 days.

If you haven't checked out the market report for your area, what are you waiting for! It's a great tool and it's free! 

Of course if you ever have questions about Real Estate or are thinking of buying or selling, I'd love to hear from you. You can give me a call at 954-557-7036 or email debbie@SouthFLHomes.com.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1700 Nw 73rd Ave Unit #63 2 2 1,074 $155,000 $144 0 days
6101 W Broward Blvd 4 3 4,133 $440,000 $106 0 days
7480 NW 14th St 3 2 1,842 $170,000 $92 0 days
4740 Sw 11th St 4 2 1,344 $285,000 $212 0 days
8637 NW 12th St Unit A 2 2 1,114 $157,000 $140 1 day
10110 SW 5th St 5 3 3,153 $700,000 $222 1 day
1161 Nw 84th Ave Unit #A18 2 2 1,065 $170,000 $159 1 day
550 Nw 108th Ave 4 3 2,633 $599,000 $227 1 day
661 NW 133rd Way 3 2 1,686 $410,000 $243 1 day
4730 Nw 9th Dr Unit #4730 2 2 938 $127,000 $135 1 day
Average: 3.3 2.9 2,363 $526,339 $201 107 days
Viewing 1 - 10 of 388
Viewing 1 - 10 of 388
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
4270 SW 10th St 3 2 1,403 $316,000 $225 1 day
9247 Chelsea Dr Unit 9247 3 2 1,731 $315,000 $181 0 days
7041 SW 5th St 5 3 3,119 $639,900 $205 0 days
800 E Plantation Cir 3 3 2,448 $429,900 $175 2 days
771 N Pine Island Rd Unit 203 1 1 687 $129,000 $187 5 days
10700 NW 12th Ct 4 3 1,865 $379,900 $203 11 days
580 NW 72nd Ave 4 3 2,945 $417,900 $141 0 days
No address 3 3 1,984 $365,000 $183 11 days
7400 NW 13th Ct 4 3 2,068 $399,900 $193 1 day
No address 3 2 1,401 $185,000 $132 0 days
Average: 3.4 2.9 2,346 $465,082 $181 38 days
Viewing 1 - 10 of 63
Viewing 1 - 10 of 63
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
2031 Sw 60th Ave 4 3 3,013 $659,000 $645,000 $214 32 days 5/20/19
13290 Nw 7th St Unit #13290 2 2 1,259 $224,900 $225,000 $178 75 days 5/20/19
6112 Rose Ter 4 2 2,469 $359,000 $330,000 $133 125 days 5/20/19
12041 Nw 26th St 4 3 3,600 $649,999 $625,000 $173 347 days 5/20/19
8661 Nw 10th Pl Unit #B133 2 2 1,065 $154,900 $145,000 $136 44 days 5/17/19
4651 Nw 8th Dr 3 2 1,699 $339,000 $325,000 $191 77 days 5/17/19
4361 Nw 4th St 3 2 2,204 $335,000 $335,000 $151 84 days 5/17/19
775 Nw 101st Ter 5 3 3,395 $809,500 $765,000 $225 40 days 5/16/19
12103 Nw 19th Street 5 4 4,283 $999,999 $975,000 $227 62 days 5/16/19
9803 Nw 1st Ct 3 2 1,410 $277,500 $273,000 $193 100 days 5/16/19
Average: 3.1 2.5 1,965 $386,648 $378,393 $183 83 days
Viewing 1 - 10 of 506
Viewing 1 - 10 of 506