Fort Lauderdale, FL 33304 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Key Findings

1. The neighborhood valuation is best represented by the $927,000 median sold price, which indicates realized transaction levels and, together with a up price year-over-year trend, suggests recent appreciation in Fort Lauderdale 33304.
2. There is a noticeable gap between the $1,085,000 median listing price and the $927,000 median sold price, which may indicate pricing friction where seller expectations exceed recent transaction prices and could slow closings if unmet.
3. Liquidity appears muted given the 467 median days on market, which points to slower sales velocity and suggests that elevated time-to-contract may persist unless demand re-accelerates despite a neutral market temperature.
4. Rental fundamentals remain supportive for investors: the $2,773 median market rent is rising alongside a up rent year-over-year trend, though elevated interest rate pressure (elevated) may constrain purchase activity and cap rate compression in the near term.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.