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
521 El Dorado Pkwy 5 3 2,464 $485,000 $196 1 day
1160 Nw 100th Way 4 3 2,760 $599,999 $217 4 days
309 NW 43rd Ave 3 2 1,234 $319,900 $259 0 days
100 Nw 76th Ave Unit #109-2 2 2 1,157 $180,000 $155 2 days
1681 Nw 70th Ave Unit #208 2 2 1,080 $126,900 $117 4 days
9101 Nw 11th Ct 4 2 2,325 $455,000 $195 1 day
772 Nw 91st Ter 3 3 1,515 $250,000 $165 2 days
9861 Sw 2nd Street 4 3 N/A $610,000 Unknown 2 days
5300 SW 10th St 4 2 1,760 $299,900 $170 2 days
133 E Riverwalk Unit #133 3 2 N/A $390,000 Unknown 3 days
Average: 3.3 3.0 2,346 $539,426 $204 81 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
1710 NW 88th Way 2 2 1,633 $265,000 $162 6 days
5501 SW 2nd Ct 3 2 2,110 $409,900 $194 6 days
10770 NW 17th St 4 3 1,925 $384,900 $199 5 days
5781 SW 4th Ct 3 3 2,280 $475,000 $208 7 days
7501 NW 16 St Unit 3102 2 2 1,020 $104,900 $102 14 days
9361 NW 18th Mnr 3 2 1,568 $365,000 $232 3 days
9800 NW 9th Ct 3 2 1,460 $359,000 $245 1 day
701 W Tropical Way 4 3 2,599 $554,900 $213 2 days
460 NW 68th Ave 3 2 1,562 $295,000 $188 17 days
1670 NW 93rd Ter 4 2 2,202 $489,900 $222 6 days
Average: 3.2 2.6 2,158 $400,027 $184 75 days
Viewing 1 - 10 of 46
Viewing 1 - 10 of 46
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
9991 Nw 7th St Unit #9991 2 3 N/A $214,900 $205,000 Unknown 6 days 4/1/20
11631 NW 25th St 4 2 2,118 $549,000 $500,000 $236 1 day 3/31/20
7481 Nw 10th Ct 4 2 N/A $419,900 $410,000 Unknown 7 days 3/31/20
9071 W Sunrise Blvd Unit #9071 3 2 1,420 $290,000 $282,000 $198 30 days 3/31/20
400 Nw 127th Ave Unit #2 2 2 1,437 $269,000 $280,000 $194 8 days 3/30/20
11650 Nw 8th St 6 6 7,726 $2,399,000 $2,380,000 $308 34 days 3/30/20
651 Cardinal Street 5 3 2,938 $955,000 $920,000 $313 56 days 3/30/20
7893 Nw 7th Ct Unit #7893 2 3 1,341 $168,500 $174,900 $130 170 days 3/30/20
241 Nw 65th Avenue Unit #241 2 2 1,434 $237,000 $235,000 $163 11 days 3/27/20
746 Nw 98th Way Unit #746 2 2 1,372 $239,900 $232,500 $169 19 days 3/27/20
Average: 3.1 2.6 2,015 $398,635 $383,762 $185 72 days
Viewing 1 - 10 of 564
Viewing 1 - 10 of 564