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Learn More about Living in Fort Lauderdale
According to realtor.com, in June 2024, the average asking price for homes in Fort Lauderdale, Florida, was $635,000. This represents a 15.2% decrease compared to the same time last year. On average, homes in Fort Lauderdale were listed at $473 per square foot.
Fort Lauderdale's real estate market is currently booming, with homes selling for an impressive 20.1% more than last year. This indicates a strong upward trend in property values. While homes are taking slightly longer to sell, with an average of 82 days on the market compared to 69 days last year, this is still a relatively short time frame, reflecting a healthy and active market.
In Fort Lauderdale, workers need to earn at least $18.44 per hour to cover the cost of essential expenses like housing, food, and other necessities. This amount is considered the living wage for the city.
Fort Lauderdale offers a variety of neighborhoods, each with its own distinct character, all within easy reach of the Atlantic Ocean. The city enjoys consistently pleasant weather, averaging 75 degrees year-round and basking in sunshine for over 325 days annually.
Affordable housing in this area makes saving money more achievable. Florida, as a whole, offers tax benefits for retirees, making it a cost-effective choice for them. Apart from housing, healthcare expenses are also manageable in this region.
Nobody knows the area’s history or neighborhoods better – we work as a team of true professionals to assist you in every phase of your real estate transaction. We're good at our job because we don’t just sell real estate. We are matchmakers.
