Is Plantation, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Plantation was a Seller's Market.
Housing Prices in Plantation, FL
How much do homes in Plantation, FL cost?
Median Sold Price
$457,166
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Plantation was $457,166 in April 2024, up 2.6% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $190K | +18.8% |
2 Bedrooms | $265K | $275K | +3.8% |
3 Bedrooms | $490K | $519.9K | +6.1% |
4 Bedrooms | $685.5K | $720K | +5.0% |
5+ Bedrooms | $1.0M | $1.0M | -0.8% |
Summary: Plantation housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 5%, and 5+ bedroom homes decreased by 0.8%.
Median Sold Price Compared To Nearby Cities
Sunrise | $312.5K | $382.1K | +22.3% |
Lauderhill | $178.9K | $208.8K | +16.7% |
Fort Lauderdale | $440.2K | $473.6K | +7.6% |
Plantation | $445.7K | $457.1K | +2.6% |
Housing Supply in Plantation, FL
How many homes are available in Plantation, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
344 | 380 | +10.5% |
Summary: The Plantation real estate market had 380 homes for sale in April 2024, a 10.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 30 | 32 | +6.7% |
2 Bedrooms | 77 | 106 | +37.7% |
3 Bedrooms | 106 | 109 | +2.8% |
4 Bedrooms | 90 | 91 | +1.1% |
5+ Bedrooms | 41 | 42 | +2.4% |
Summary: The Plantation housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 37.7%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes increased by 2.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
59 | 47 | -20.3% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Plantation in April 2024, down by 20.3% month-over-month. Of the 47 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% were sold over asking.
Days on Market for Plantation, FL
How long does it take to sell a home in Plantation, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 45 Days | +38.3% |
Summary: Homes in Plantation had an average of 45 days on market in Apr 2024, up by 38.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 47 homes were sold in Plantation; 49% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.