Fort Lauderdale Real Estate Market Statistics 2018


Buying a new property is never a straightforward experience, and the tough part is almost always choosing the right place to live. You want a nice area, with plenty to do, and ample prospects for working and socializing; it’s also important to think about the right place to start a family too! When it comes to real estate, there are not many places in the world better than Florida, and, in particular, Fort Lauderdale.

In fact, a study late last year showed that Fort Lauderdale ranks as having the 6th most investable real estate market in the whole of the United States! Miami, which you might expect to be higher, actually lagged well behind in 11th. This certainly shows the appeal of Fort Lauderdale as a market and indicates a growing popularity in the area.

According to real estate database Zillow, the median price of a home in Fort Lauderdale at the moment comes in at around $300,000-$500,000, which is very reasonable for the area. And, over the past year, the value of homes in the area has climbed by a figure of up to 5%, making this a fantastic place for real estate investment opportunities. There has never been a better time to make real estate investments in Fort Lauderdale, with the market looking to grow.

So, why else should you consider investing in Fort Lauderdale? Well, for one thing, it’s an excellent place to find work. In fact, statistics show that the coastal city is actually leading the state in the job growth market, making it ideal for those looking to land on their feet.

Perhaps one of the reasons why buying property here has become more popular is that rental prices are still pretty steep – why pay $1,500 per month when you could be paying a mortgage for around the same price monthly? With a thriving population, and plenty of great schools and employment prospects, buying a home here is a no-brainer.

Furthermore, with an average age of around 41, Fort Lauderdale is a city that’s never in danger of becoming too young, or too old. It’s ideal for families, but, with close to 47% of the population being single, it’s the perfect city for young, hip singletons as well.

And that’s before you even consider the stunning views as well. This is a city perched right on the southeastern coast of Florida, kissing the shores of the North Atlantic Ocean. As one of the most picturesque and breathtaking cities in the United States, is it any wonder Fort Lauderdale is being touted as the next big place for real estate investment?!

As you can see, the Fort Lauderdale Real Estate Market is one that seems to be continually growing and thriving. There are so many places in the U.S. that you could consider for real estate investment, but, with a thriving economic structure, and wonderful multiculturalism, this is the perfect place to raise a family. What’s more, with stunning views, and affordable homes, this is one of the best places in the country to be looking at real estate.

Compare listings