Ft Lauderdale, FL

Population: 176,013
Average annual home appreciation rate: 8.55%
Total of homes for sale in this market: 3,107
Median home price: $323,166
Median Rent: $1,210
Home price range: 26.01% of homes are between $132,001 – $263,000
Median sales price: $187,500
Number of homes: 6,864
Median foreclosure sales price: $138,350
Foreclosure discount: 26.2%
Most common home type: 43.97% of homes are complexes or high rise apartments
Number of vacant homes: 22.76%
Number of renters: 46.84%
Number of owner occupied: 53.16%
Number people living below poverty level: 20.59%
Unemployment rate: Not listed on realtytrac, but 4.7%
Is this area perfect for real estate deals going on right now?

Leave a Reply

Your email address will not be published. Required fields are marked *