This week's signals
Strength 4 / 5
445 listings
Fort Lauderdale new listings +93.0% vs. 5-year average for this month
Sellers are putting materially more inventory on the market than is typical for this time of year — buyers should see more selection and less urgency on well-located homes.
Strength 4 / 5
7.1 mo
Sunrise supply now 7.1 months — buyer's market
Six-plus months of supply in Sunrise — this is a buyer's market by the textbook definition.
Strength 4 / 5
$432K
Hialeah median price -9.9% YoY
Price-per-sqft also -11.3% YoY across 56 closed sales.
Strength 4 / 5
$875K
Marco Island avg sale price fell back under $1.0M — now $875K
Dropping back below $1.0M re-opens a buyer pool that had been priced out — and puts sellers on notice that the last few months' comps are no longer defensible.
Strength 4 / 5
$301K
Bradenton median price -10.2% YoY
Price-per-sqft also -11.7% YoY across 108 closed sales.
Strength 4 / 5
6.2 mo
Clearwater supply now 6.2 months — buyer's market
Six-plus months of supply in Clearwater — this is a buyer's market by the textbook definition.
Strength 4 / 5
$407K
Wesley Chapel median price -10.3% YoY
Price-per-sqft also -6.0% YoY across 98 closed sales.