Market Snapshot: Fort Lauderdale February 2019

The Fort Lauderdale condo market was down slightly last month with the average sales price falling 2% to $361,000. Meanwhile, average rental prices remained steady.

A 5% increase in closed sales prices for studio condos was offset by a similar decline in 3-bedroom condos, with average prices falling to $622,000.

Palm Aire Country Club condominium led the Fort Lauderdale market with 5 sales totaling $692,000.

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