Ft. Lauderdale, FL Market Update for September 2007

Here are the latest real estate market statistics for Fort Lauderdale, FL area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 43.5%*

Average	August 2007	September 2007	% Change
Asking Price	$522,663	$690,683	32.1%
Sales Price	$477,961	$616,278	28.9%
% of Asking Price	91%	89%	-2.0%
$/SQFT	$273	$351	28.6%
Days on Market	118	162	37.3%
Total Transactions	152	114	-25.0%

Search for homes in Fort Lauderdale, FL and read a neighborhood overview of the Fort Lauderdale, FL area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 10/25/2007: 6,296 properties on the market with 2,736 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.