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
11430 Nw 23rd St 4 3 2,514 $600,000 $238 2 days
5202 Sw 11th St 4 3 2,556 $485,000 $189 2 days
9760 Nw 11th St 4 2 2,355 $674,900 $286 1 day
510 Nw 84th Av Unit #642 2 2 N/A $263,000 Unknown 3 days
13013 Riverwalk Cir Unit 13013 3 3 1,992 $399,000 $200 2 days
9247 W Sunrise Blvd 3 3 1,484 $295,000 $198 3 days
901 NW 97th Ave 4 3 1,979 $405,000 $204 2 days
7141 SW 20th St 4 3 2,120 $459,000 $216 2 days
735 Nw 42nd Ave 3 3 1,672 $248,900 $148 4 days
10701 Cleary Blvd Unit #206 1 1 734 $147,000 $200 3 days
Average: 3.3 2.9 2,327 $537,015 $202 104 days
Viewing 1 - 10 of 329
Viewing 1 - 10 of 329
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
836 NW 79th Ter 2 2 1,272 $224,000 $176 6 days
1861 NW 109th Ave 3 2 1,912 $420,000 $219 6 days
10092 NW 13th Ct 4 3 2,753 $575,000 $208 10 days
8533 Nw 11th St Unit #A165 2 2 1,065 $149,900 $140 2 days
8018 NW 15th Mnr Unit 8018 1 1 832 $163,950 $197 12 days
827 NW 81st Ter Unit 11 4 3 2,110 $130,000 $61 15 days
521 SW 75th Ter 5 3 2,413 $459,900 $190 16 days
7401 Nw 16th St Unit #101 3 2 1,150 $156,000 $135 13 days
151 Nw 115th Ave Unit #405 2 2 960 $239,000 $248 4 days
8831 NW 14 St 2 2 1,398 $274,900 $196 19 days
Average: 3.1 2.7 1,962 $382,755 $183 54 days
Viewing 1 - 10 of 93
Viewing 1 - 10 of 93
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
5861 Sw 16th St 3 2 1,744 $389,900 $389,000 $223 98 days 6/3/20
1640 Sw 55th Ave 4 2 2,302 $599,000 $560,000 $243 15 days 5/29/20
9925 Nw 2nd St 4 3 1,842 $369,900 $370,000 $200 101 days 5/29/20
510 Nw 84th Ave Unit #525 3 2 1,525 $339,000 $318,000 $208 72 days 5/29/20
7430 Nw 7th Ct 4 3 2,335 $499,999 $499,999 $214 91 days 5/28/20
9232 S Chelsea Dr S Unit #9232 3 2 1,536 $329,900 $325,000 $211 175 days 5/28/20
1910 Sw 56th Ave 3 2 2,116 $569,000 $560,000 $264 36 days 5/27/20
4851 Peters Rd 3 2 1,950 $415,000 $410,000 $210 544 days 5/27/20
1744 Nw 71st Ave Unit #117 2 2 1,175 $170,000 $165,000 $140 188 days 5/26/20
772 Nw 91st Ter 3 3 1,515 $250,000 $250,000 $165 7 days 5/22/20
Average: 3.1 2.6 1,981 $397,239 $381,930 $185 66 days
Viewing 1 - 10 of 504
Viewing 1 - 10 of 504