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
8236 Nw 8th Ct Unit #4 3 3 1,770 $209,000 $118 0 days
852 Nw 81st Ave Unit #3 3 3 1,770 $219,600 $124 0 days
10916 NW 12 Ct 3 3 1,829 $369,000 $201 0 days
11707 NW 8th St 7 9 7,771 $2,900,000 $373 0 days
124 115 Terrace 2 3 1,480 $230,000 $155 0 days
128 Sw 127th Ave 3 2 1,572 $379,000 $241 0 days
141 Sw 127th Ave 2 2 1,209 $350,000 $289 0 days
9861 NW 3rd Ct Unit 4 2 2 N/A $225,000 Unknown 1 day
8920 NW 10th St 2 2 1,594 $275,000 $172 1 day
No address 2 2 1,130 $164,000 $145 1 day
Average: 3.4 3.0 2,477 $559,905 $206 91 days
Viewing 1 - 10 of 419
Viewing 1 - 10 of 419
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
9810 SW 4th St 3 3 2,451 $469,000 $191 6 days
618 NW 135th Ter 4 3 2,334 $469,000 $200 4 days
861 NW 79th Ter Unit 861 2 2 1,505 $219,000 $145 2 days
1300 NW 98th Ave 4 2 2,346 $520,000 $221 2 days
1874 NW 106th Ter 4 3 2,484 $539,000 $216 6 days
140 SW 96th Ter Unit 103 2 2 1,197 $169,999 $142 89 days
9893 Fairway Cove Ln Unit 9893 3 3 1,703 $285,000 $167 8 days
430 Commodore Dr Unit 204 2 2 1,130 $175,000 $154 6 days
9039 Vineyard Lake Dr Unit 9039 3 3 1,739 $273,800 $157 16 days
1874 NW 108th Ave 4 3 2,341 $479,900 $204 0 days
Average: 3.3 2.8 2,219 $455,712 $188 44 days
Viewing 1 - 10 of 52
Viewing 1 - 10 of 52
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
10700 Nw 14th St Unit #143 3 2 1,150 $189,000 $190,000 $165 66 days 7/18/19
535 N Pine Island Rd Unit #19 2 3 1,066 $185,000 $185,000 $173 41 days 7/17/19
8810 Nw 17th St 2 2 1,398 $235,000 $215,000 $153 228 days 7/17/19
8554 Nw 12th St Unit #C171 1 2 1,046 $127,500 $125,000 $119 35 days 7/15/19
9820 Sw 1st St 3 2 2,354 $465,000 $459,500 $195 72 days 7/15/19
6755 W Broward Blvd Unit #105 2 2 1,120 $149,900 $149,900 $133 217 days 7/15/19
1501 Sw 52nd Ln 4 3 2,240 $475,000 $480,000 $214 43 days 7/12/19
11708 Terra Bella Blvd Unit #11708 2 2 930 $245,000 $245,000 $263 49 days 7/12/19
5181 SW 19th St 4 2 2,386 $459,900 $449,000 $188 51 days 7/12/19
1690 Sw 53rd Ave 4 4 3,531 $509,900 $510,000 $144 149 days 7/12/19
Average: 3.1 2.5 1,973 $385,489 $371,462 $181 80 days
Viewing 1 - 10 of 600
Viewing 1 - 10 of 600