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
440 NW 97th Ave 3 3 2,903 $425,000 $146 305 days
181 SW 127th Ter 3 3 N/A $439,000 Unknown 0 days
1201 NW 95th Ave 4 3 2,442 $500,000 $204 0 days
1021 NW 115th Ave 6 5 6,201 $1,250,000 $201 0 days
153 SW 127th Ter 3 3 2,207 $465,000 $210 0 days
491 Nw 45th Ter 5 2 2,103 $355,000 $168 1 day
7583 NW 2nd Ct 4 3 1,821 $359,500 $197 0 days
5861 Sw 16th St 3 2 1,744 $418,000 $239 3 days
250 Jacaranda Dr Unit #701 2 2 1,015 $219,000 $215 2 days
4691 Nw 4th Ct 5 3 1,832 $375,000 $204 2 days
Average: 3.4 2.9 2,370 $542,337 $206 101 days
Viewing 1 - 10 of 332
Viewing 1 - 10 of 332
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
9252 NW 9th Ct Unit 9D1L 3 2 1,504 $289,000 $192 0 days
1740 NW 81st Way Unit 1740 2 2 1,122 $210,000 $187 0 days
4701 NW 4th Ct 3 2 2,299 $255,000 $110 12 days
330 NW 69th Ave Unit 191 2 1 865 $137,000 $158 1 day
211 W Tropical Way 3 2 1,907 $485,000 $254 14 days
7380 NW 9th St 4 3 2,828 $349,900 $123 9 days
122 Wimbledon Lake Dr Unit 122 3 3 1,500 $265,000 $176 20 days
360 NW 69th Ave Unit 101 2 2 910 $165,000 $181 18 days
9189 W Sunrise Blvd 3 3 1,620 $295,000 $182 4 days
1020 NW 89th Way 2 2 1,677 $274,500 $163 22 days
Average: 3.3 2.6 2,140 $451,059 $190 78 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
126 Wimbledon Lake Dr 3 3 1,500 $219,900 $215,000 $143 12 days 1/21/20
9881 Nw 1st Ct Unit #9881 2 2 1,151 $249,000 $240,000 $208 10 days 1/17/20
250 Jacaranda Dr Unit #604 2 2 1,015 $175,000 $172,500 $169 25 days 1/17/20
1820 Sw 69th Ave 4 4 2,156 $488,000 $471,500 $218 35 days 1/17/20
10820 Nw 10th St 3 3 1,770 $389,900 $382,000 $215 52 days 1/17/20
4430 Nw 7th Ct 3 2 1,969 $349,956 $349,956 $177 54 days 1/15/20
11 Sw 94th Ter 3 3 2,329 $384,900 $375,000 $161 73 days 1/15/20
595 Nw 98th Ave Unit #595 2 2 1,632 $279,999 $279,000 $170 70 days 1/15/20
10990 Hawks Vista St 6 4 3,250 $935,000 $884,000 $272 62 days 1/15/20
7420 NW 9th St 4 2 2,220 $410,000 $400,000 $180 162 days 1/14/20
Average: 3.1 2.6 1,987 $390,867 $377,100 $183 70 days
Viewing 1 - 10 of 571
Viewing 1 - 10 of 571