#inventory-and-days-on-market

#inventory-and-days-on-market

Fort Lauderdale's coastal lifestyle meets a market that has cooled from last year's pace. The median sale price last month was $510,000 (down 7.3% YoY), and homes took about 112 days to sell on average. Inventory is moving more slowly than a year ago, giving homebuyers time to compare options across neighborhoods near the beach and inland. Buyers can find opportunities, while sellers may need patience as the housing market in Fort Lauderdale adjusts to new rhythms.