$3,444 Closing Credit*
$290,000
838 SqFt
2 Beds
•1 Full Bath
Francis Ragoo, Listing Office: Miramar Realty Group
Is North Lauderdale, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North Lauderdale was a Seller's Market.
Key Takeaway
North Lauderdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Lauderdale, FL
How much do homes in North Lauderdale, FL cost?
Median Sold Price
$362,000
$271/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$27,000(+8.1%)
Key Takeaway
Homes in North Lauderdale have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in North Lauderdale was $362,000 in November 2024, up 8.1% from last year, and the median price per square foot was $271.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150.7K | $150K | -0.5% |
| 2 Bedrooms | $255K | $256.5K | +0.6% |
| 3 Bedrooms | $361.5K | $410K | +13.4% |
| 4 Bedrooms | $410K | $465K | +13.4% |
| 5+ Bedrooms | $505K | $490K | -3.0% |
Summary: North Lauderdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 13.4%, 4 bedroom homes increased by 13.4%, and 5+ bedroom homes decreased by 3%.
Median Sold Price Compared To Nearby Cities
| Tamarac | $301.1K | $335K | +11.3% |
| Coral Springs-Margate | $350K | $382K | +9.2% |
| North Lauderdale | $335K | $362K | +8.1% |
| Fort Lauderdale | $453.6K | $480.9K | +6.0% |
| Margate | $340.2K | $350K | +2.9% |
Housing Supply in North Lauderdale, FL
How many homes are available in North Lauderdale, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 101 | 102 | +1.0% |
Summary: The North Lauderdale real estate market had 102 homes for sale in November 2024, a 1.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 33 | 41 | +24.2% |
| 3 Bedrooms | 48 | 40 | -16.7% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Lauderdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 24.2%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 9 | -55.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Lauderdale, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in North Lauderdale in November 2024, down by 55.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for North Lauderdale, FL
How long does it take to sell a home in North Lauderdale, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 62 Days | +138.6% |
Summary: Homes in North Lauderdale had an average of 62 days on market in Nov 2024, up by 138.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Lauderdale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in North Lauderdale; 56% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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