Fort Lauderdale’s real estate market experienced significant changes in June 2025, marked by rising home prices, longer listing times, and a sharp increase in available inventory across all property types.
Home Sales and Pricing
In June 2025, homes in Fort Lauderdale sold for an average price of $930,427, with properties typically spending 85 days on the market—a notable increase from the 66-day average in June 2024. Despite longer listing times, the market saw 1,422 homes sold, up from 1,316 the previous year, indicating strong buyer activity.
The average list price across all property types climbed to $1,353,265, a 22% increase year-over-year, although it dipped 8% from the previous month. On a square footage basis, the average price reached $545 per square foot, up 15% annually but down 5% from May.
Surge in Inventory
The most striking shift has been the rise in available inventory. Overall listings jumped to 1,789 homes, representing a 43% increase from the previous month and a staggering 258% increase from June 2024. This influx may be contributing to longer days on market, though the average DOM dropped to 107 days, down 50% year-over-year, suggesting that higher inventory is still being absorbed relatively efficiently.
Market by Property Type
Single-Family Houses
Inventory of single-family homes rose to 663, up 170% year-over-year. The average list price reached $2,005,329, marking a significant 53% increase from June 2024, even though it declined 9% month-over-month. The average price per square foot stood at $644, and homes were selling after about 90 days on market, down 41% year-over-year.
Condos, Townhouses & Penthouses
This segment saw a 347% year-over-year surge in inventory, with 792 active listings. The average price was $836,586, up 21% from last year but down 6% from the previous month. Listings averaged 106 days on market, a steep decline from 2024’s average of 225 days.
Lots and Land
Inventory rose to 46 parcels, up 188% annually. The average price declined 13% year-over-year to $1,520,540, with an average of 215 days on the market. Notably, price per square foot remained unchanged at $0, reflecting the nature of land sales.
Commercial Properties
The commercial sector posted a 334% increase in inventory year-over-year, with 139 listings in June 2025. Prices dipped slightly year-over-year by 7%, averaging $1,777,850, though there was a 6% uptick from May. Listings stayed on the market for about 190 days, a sharp improvement from 2024’s average of 528 days.
Key Takeaways
- Inventory is surging across all sectors, particularly in condos and commercial properties.
- Prices remain high, especially for single-family homes, but have started to dip month-over-month, suggesting a potential market correction or seasonal adjustment.
- Days on market are decreasing significantly year-over-year, indicating continued demand despite rising prices and inventory.
Fort Lauderdale’s housing market in mid-2025 is showing signs of transformation. While demand remains strong, an influx of inventory and modest price corrections could offer new opportunities for buyers and investors heading into the second half of the year.
