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
12100 NW 27th St 5 5 4,500 $1,295,000 $287 2 days
5335 Nw 10th Ct Unit #208 2 2 1,000 $115,000 $115 2 days
6923 Cypress Rd Unit D12 2 2 1,350 $144,900 $107 2 days
1170 N University Dr Unit 1170 3 3 1,644 $280,000 $170 2 days
408 Nw 68th Ave Unit #406 2 2 1,260 $140,000 $111 2 days
404 Nw 68th Ave Unit #201 2 2 1,260 $139,000 $110 2 days
408 Nw 68th Ave Unit #312 2 2 1,260 $159,999 $126 2 days
6281 SW 5th Ct 3 2 1,949 $439,997 $225 2 days
7280 NW 5th Ct 4 2 1,836 $429,900 $234 2 days
7521 Nw 16th St Unit #4306 2 2 1,020 $130,000 $127 2 days
Average: 3.4 2.9 2,349 $523,480 $201 94 days
Viewing 1 - 10 of 392
Viewing 1 - 10 of 392
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
6080 Sw 9th St 4 2 2,613 $550,000 $210 8 days
11680 SW 1st Ct 7 7 N/A $2,475,000 Unknown 5 days
5790 SW 5th St 3 2 1,925 $389,900 $202 7 days
5360 SW 21st Ct 4 3 2,837 $669,000 $235 10 days
7447 W Sunrise Blvd Unit 7447 2 2 1,011 $164,900 $163 16 days
10620 NW 18th Ct 4 2 2,284 $469,900 $205 15 days
8427 NW 12th St Unit A67 2 2 1,114 $160,000 $143 19 days
1021 NW 97th Ave 4 2 2,200 $495,000 $225 29 days
6600 Cypress Rd Unit 211 2 2 1,054 $129,000 $122 23 days
5821 SW 16th Ct 3 3 2,539 $625,000 $246 19 days
Average: 3.3 2.7 2,002 $482,717 $193 36 days
Viewing 1 - 10 of 40
Viewing 1 - 10 of 40
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
9247 W Sunrise Blvd 3 3 1,484 $279,000 $277,000 $186 58 days 10/18/19
1871 Nw 99th Ave 3 2 1,980 $399,000 $370,000 $186 81 days 10/17/19
680 N Fig Tree Ln 4 2 2,421 $390,000 $390,000 $161 49 days 10/16/19
11430 Nw 25th St 3 2 2,674 $529,000 $490,000 $183 62 days 10/16/19
10976 Blackhawk St 5 4 3,100 $899,000 $880,000 $283 208 days 10/16/19
1740 Sw 67th Ave 4 3 2,572 $529,000 $510,000 $198 31 days 10/15/19
10943 Nw 12th Ct 3 3 1,722 $375,000 $370,000 $214 138 days 10/11/19
561 El Dorado Pkwy 4 3 2,538 $459,000 $459,000 $180 64 days 10/10/19
12432 Emerald Creek Ct 4 3 1,992 $349,000 $349,000 $175 54 days 10/9/19
4748 Sw 12 Street 3 2 1,399 $307,000 $290,000 $207 53 days 10/7/19
Average: 3.1 2.5 1,974 $384,404 $371,415 $180 77 days
Viewing 1 - 10 of 608
Viewing 1 - 10 of 608