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
513 NW 103rd Ave 4 2 1,956 $489,000 $250 0 days
1053 Nw 88th Ave Unit #B91 1 2 1,046 $140,000 $133 3 days
9872 Nw 5th Ct 3 3 1,991 $375,900 $188 1 day
5160 SW 17th St 4 3 3,217 $515,000 $160 0 days
141 SW 96th Ter Unit 202 2 2 1,563 $199,999 $127 0 days
671 Cardinal St 4 3 3,877 $999,000 $257 1 day
1580 Nw 117th Ave 5 6 5,123 $1,695,000 $330 14 days
510 Nw 84th Ave Unit #103 1 1 845 $210,000 $248 2 days
10341 NW 11th Ct 4 3 2,531 $424,900 $167 1 day
1745 Nw 81st Unit #1745 3 2 N/A $220,000 Unknown 2 days
Average: 3.4 2.9 2,381 $535,188 $205 99 days
Viewing 1 - 10 of 344
Viewing 1 - 10 of 344
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
9609 Sea Turtle Dr 3 3 2,600 $645,000 $248 2 days
404 NW 68th Ave Unit 416 2 2 1,260 $115,000 $91 3 days
301 NW 127th Ave 4 3 3,720 $1,149,000 $308 4 days
4031 SW 6th St 3 2 1,941 $364,900 $187 7 days
923 NW 79th Ter Unit 923 2 2 1,464 $255,000 $174 2 days
8553 NW 12th St Unit 8553 1 2 1,046 $100,000 $95 3 days
1481 NW 103rd Ave 3 3 2,109 $389,000 $184 9 days
6930 SW 15th St 3 2 2,124 $495,000 $233 15 days
1501 SW 52nd Way 4 3 2,286 $549,000 $240 16 days
7380 NW 1st St Unit 206 2 2 1,286 $199,000 $154 27 days
Average: 3.1 2.7 1,966 $455,583 $182 50 days
Viewing 1 - 10 of 44
Viewing 1 - 10 of 44
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
1320 Nw 96th Ave 4 3 3,533 $635,000 $600,000 $169 83 days 12/6/19
7212 E Tropical Way 2 2 1,750 $315,000 $299,000 $170 158 days 12/6/19
11800 Nw 17th Pl 5 4 3,531 $749,000 $750,000 $212 6 days 12/6/19
2100 Sw 51st Ter 4 4 3,026 $659,999 $655,000 $216 7 days 12/6/19
11930 Nw 8th St 6 7 7,401 $2,395,000 $2,300,000 $310 156 days 12/4/19
7451 Nw 16th St Unit #304 2 2 970 $135,000 $127,500 $131 83 days 12/4/19
1561 Nw 99th Ave 4 3 2,534 $615,000 $572,000 $225 29 days 12/2/19
8621 Nw 10th Pl Unit #B147 2 2 1,065 $148,500 $144,000 $135 73 days 12/2/19
10551 W Broward Blvd Unit #206 2 2 1,000 $158,000 $155,000 $155 40 days 12/2/19
581 N Fig Tree Ln 4 3 2,052 $450,000 $440,000 $214 21 days 11/29/19
Average: 3.1 2.5 1,944 $379,053 $365,792 $182 69 days
Viewing 1 - 10 of 580
Viewing 1 - 10 of 580