Real Estate Market Update for 33301 (Fort Lauderdale, FL)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was up 16% from one year earlier, and up 2% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 800-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 21%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 380-thousand dollars. The number of units sold decreased 18% year-over-year, and decreased 37% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 33301 (Fort Lauderdale, FL)
Area Information for 33301 (Fort Lauderdale, FL)
  • Population: 15,246
  • Median Age: 40.08 yr
  • Median Commute Time: 17.12 mins
  • Educational Climate*: 5
  • Sales Tax: 6%
  • Population Density: 6,078/sq mi
  • Population Change Since 2000: 21.38%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Broward Community College-downtown Cntr
  • Closest Jr. College: Ati Career Training Center
  • Median Household Income: $73,100
  • Annual Residential Turnover: 17.24%
  • Median Years in Residence: 2.31 yr
  • Median Home Sales Price: $315,900
  • Closest Major Sports Team: Florida Panthers
  • Change Avg. Household Income Since 2000: 47%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 33301 (Fort Lauderdale, FL)
Median Age: 40.08 Married: 19% Number of Households: 8,119 Households with Children: 910
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 33301 (Fort Lauderdale, FL)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Happyland Day School 0.2 mi Private PRESCHOOL-K 0 0
      Virginia Shuman Young Elementary School 0.3 mi Public PRESCHOOL-5 4-5 5
      St Anthony School 0.5 mi Catholic PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 33301 (Fort Lauderdale, FL)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.