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
457 N University Dr Unit #5-10 2 2 1,030 $180,000 $174 0 days
5761 Sw 4th Ct 4 3 2,643 $475,000 $179 0 days
777 Nw 92nd Ave Unit #777 2 2 1,097 $195,000 $177 1 day
7451 NW 6th Ct 4 2 3,142 $350,000 $111 Unknown
7071 SW 20th St 3 2 3,200 $430,000 $134 Unknown
10761 Nw 14th St Unit #284 2 3 1,365 $247,000 $180 1 day
10401 W Broward Blvd Unit #403 2 2 940 $153,000 $162 2 days
846 Nw 66th Ave 3 2 2,104 $459,000 $218 2 days
3055 Nw 126th Ave Unit #410 2 2 1,309 $260,000 $198 2 days
1321 NW 87th Ln 2 2 1,810 $279,000 $154 Unknown
Average: 3.3 2.9 2,558 $530,498 $190 95 days
Viewing 1 - 10 of 413
Viewing 1 - 10 of 413
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
404 NW 68th Ave Unit 413 2 2 1,260 $135,000 $107 Unknown
12400 SW 2nd St 3 2 2,108 $499,900 $237 Unknown
1360 NW 99th Ave 4 2 2,964 $494,900 $166 Unknown
8206 NW 9th Ct Unit 1 3 3 2,050 $139,000 $67 Unknown
1053 NW 86th Ave Unit UNIT B 2 2 1,065 $149,000 $139 Unknown
408 NW 68th Ave Unit 109 1 1 940 $120,000 $127 Unknown
5700 SW 4th Ct 3 2 2,998 $435,000 $145 Unknown
1035 W Country Club Cir 3 2 2,076 $387,500 $186 Unknown
1081 NW 101st Way 4 2 2,959 $494,600 $167 Unknown
9768 SW 1st St 4 3 2,250 $464,464 $206 Unknown
Average: 3.3 2.5 2,470 $443,715 $162 N/A day
Viewing 1 - 10 of 49
Viewing 1 - 10 of 49
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
824 NW 99 Ave 3 3 1,601 $308,000 $308,000 $192 Unknown 3/20/19
771 N Pine Island Rd Unit 207 3 2 1,210 $245,000 $240,000 $198 Unknown 3/19/19
7883 Nw 11th Pl Unit #7883 3 3 1,865 $240,000 $238,000 $127 182 days 3/19/19
750 Nw 77th Ave 3 2 1,730 $337,000 $337,000 $194 29 days 3/15/19
1880 Nw 93rd Ter 3 2 1,572 $360,000 $352,500 $224 34 days 3/15/19
1171 NW 101st Ave 4 3 3,351 $560,000 $560,000 $167 Unknown 3/15/19
1920 Sw 68th Ave 4 3 3,319 $440,000 $400,000 $120 42 days 3/15/19
7340 NW 1st St Unit 102 1 2 N/A $130,000 $125,000 Unknown Unknown 3/15/19
9511 NW 11th St 4 2 3,192 $519,800 $512,000 $160 Unknown 3/15/19
841 Zinnia Ln 3 2 1,784 $365,000 $360,000 $201 45 days 3/15/19
Average: 3.1 2.5 2,149 $371,080 $362,285 $167 102 days
Viewing 1 - 10 of 542
Viewing 1 - 10 of 542