FORT LAUDERDALE, FLORIDA, MARKET UPDATE

Below please see the actual numbers for real estate sold/pending in Fort Lauderdale, FL, for 7/08 through 9/09.

The important information to note is the Sold properties have INCREASED 34.7% during this time period. In addition, pending sales have increased 95.7%--however, the question will be--do all pending sale close? The average price per square foot currently is $192.00. Finally, in all property on the market (condos and single-family homes) there is a 13.2 month supply. While a normal supply of properties is about 6-9 months, this number isn't bad--considering how much of an inventory we've had in the past.

If anyone is interested in buying or selling property in Fort Lauderdale, FL, please give me a call.

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Facts and TrendsTM
Published Oct. 2009
Location : Ft Lauderdale Beach , Ft Lauderdale North East , Ft Lauderdale North West , Ft Lauderdale South East , Ft Lauderdale South West
Number of Homes For Sale vs. Sold vs. Pended (Jul. 2008 - Sep. 2009)
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
For Sale	4583	4425	-3.4%	6326	4425	-30.1%	6531	4425	-32.2%
Sold	348	334	-4%	207	334	61.4%	248	334	34.7%
Pended	492	542	10.2%	250	542	116.8%	277	542	95.7%

Date	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09	4/09	5/09	6/09	7/09	8/09	9/09
For Sale	6531	6275	6326	6311	6256	6150	5955	5982	5794	5506	5217	5007	4762	4583	4425
New Listing	900	778	887	911	728	720	898	848	878	766	672	771	736	710	720
Sold	248	255	207	232	203	265	192	238	274	301	343	352	365	348	334
Pended	277	276	250	271	213	252	272	340	420	453	446	464	470	492	542
Mon of Inv. on Sold	26.3	24.6	30.6	27.2	30.8	23.2	31.0	25.1	21.1	18.3	15.2	14.2	13.0	13.2	13.2
Mon of Inv. on Pended	23.6	22.7	25.3	23.3	29.4	24.4	21.9	17.6	13.8	12.2	11.7	10.8	10.1	9.3	8.2
Absorption Rt. on Sold	3.8	4.1	3.3	3.7	3.2	4.3	3.2	4.0	4.7	5.5	6.6	7.0	7.7	7.6	7.5
Absorption Rt. on Pended	4.2	4.4	4.0	4.3	3.4	4.1	4.6	5.7	7.2	8.2	8.5	9.3	9.9	10.7	12.2
Avg. Act Price	611	598	594	601	606	610	618	609	610	619	611	622	622	620	637
Avg. Sld Price	380	388	387	332	285	319	236	283	319	236	308	274	268	253	263
Avg. Sq. Ft. Price	247.06	238.66	248.64	213.28	194.94	195.43	180.3	177.48	221.37	167.69	192.01	189.18	197.99	175.86	192.02
Sold/List Diff. %	90	87	90	88	89	84	89	86	89	87	88	89	89	87	90
Days On Market	110	133	133	113	117	124	116	125	112	109	125	127	123	114	102
Median Price	250	225	215	205	215	177	154	170	168	150	170	164	157	165	138

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Oct. 2009
Location : Ft Lauderdale Beach , Ft Lauderdale North East , Ft Lauderdale North West , Ft Lauderdale South East , Ft Lauderdale South West
Average Home Sold Price per SQFT (Jul. 2008 - Sep. 2009)
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
Avg. Sq. Ft. Price	176	192	9.2%	249	192	-22.8%	247	192	-22.3%

Date	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09	4/09	5/09	6/09	7/09	8/09	9/09
For Sale	6531	6275	6326	6311	6256	6150	5955	5982	5794	5506	5217	5007	4762	4583	4425
New Listing	900	778	887	911	728	720	898	848	878	766	672	771	736	710	720
Sold	248	255	207	232	203	265	192	238	274	301	343	352	365	348	334
Pended	277	276	250	271	213	252	272	340	420	453	446	464	470	492	542
Mon of Inv. on Sold	26.3	24.6	30.6	27.2	30.8	23.2	31.0	25.1	21.1	18.3	15.2	14.2	13.0	13.2	13.2
Mon of Inv. on Pended	23.6	22.7	25.3	23.3	29.4	24.4	21.9	17.6	13.8	12.2	11.7	10.8	10.1	9.3	8.2
Absorption Rt. on Sold	3.8	4.1	3.3	3.7	3.2	4.3	3.2	4.0	4.7	5.5	6.6	7.0	7.7	7.6	7.5
Absorption Rt. on Pended	4.2	4.4	4.0	4.3	3.4	4.1	4.6	5.7	7.2	8.2	8.5	9.3	9.9	10.7	12.2
Avg. Act Price	611	598	594	601	606	610	618	609	610	619	611	622	622	620	637
Avg. Sld Price	380	388	387	332	285	319	236	283	319	236	308	274	268	253	263
Avg. Sq. Ft. Price	247.06	238.66	248.64	213.28	194.94	195.43	180.3	177.48	221.37	167.69	192.01	189.18	197.99	175.86	192.02
Sold/List Diff. %	90	87	90	88	89	84	89	86	89	87	88	89	89	87	90
Days On Market	110	133	133	113	117	124	116	125	112	109	125	127	123	114	102
Median Price	250	225	215	205	215	177	154	170	168	150	170	164	157	165	138

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.

Facts and TrendsTM
Published Oct. 2009
Location : Ft Lauderdale Beach , Ft Lauderdale North East , Ft Lauderdale North West , Ft Lauderdale South East , Ft Lauderdale South West
Months of Inventory based on Closed Sales (Jul. 2008 - Sep. 2009)
Price Range: $0 - No Limit
SQFT Range: 0 - No Limit
All Res. Proptypes - All Properties		Prepared for you by: Amanda Wilson

	1 month	1 year	15 months
	Aug 09	Sep 09	% Change	Sep 08	Sep 09	% Change	July 08	Sep 09	% Change
Months of Inventory (Closed Sales)	13.2	13.2	0%	30.6	13.2	-56.9%	26.3	13.2	-49.8%

Date	7/08	8/08	9/08	10/08	11/08	12/08	1/09	2/09	3/09	4/09	5/09	6/09	7/09	8/09	9/09
For Sale	6531	6275	6326	6311	6256	6150	5955	5982	5794	5506	5217	5007	4762	4583	4425
New Listing	900	778	887	911	728	720	898	848	878	766	672	771	736	710	720
Sold	248	255	207	232	203	265	192	238	274	301	343	352	365	348	334
Pended	277	276	250	271	213	252	272	340	420	453	446	464	470	492	542
Mon of Inv. on Sold	26.3	24.6	30.6	27.2	30.8	23.2	31.0	25.1	21.1	18.3	15.2	14.2	13.0	13.2	13.2
Mon of Inv. on Pended	23.6	22.7	25.3	23.3	29.4	24.4	21.9	17.6	13.8	12.2	11.7	10.8	10.1	9.3	8.2
Absorption Rt. on Sold	3.8	4.1	3.3	3.7	3.2	4.3	3.2	4.0	4.7	5.5	6.6	7.0	7.7	7.6	7.5
Absorption Rt. on Pended	4.2	4.4	4.0	4.3	3.4	4.1	4.6	5.7	7.2	8.2	8.5	9.3	9.9	10.7	12.2
Avg. Act Price	611	598	594	601	606	610	618	609	610	619	611	622	622	620	637
Avg. Sld Price	380	388	387	332	285	319	236	283	319	236	308	274	268	253	263
Avg. Sq. Ft. Price	247.06	238.66	248.64	213.28	194.94	195.43	180.3	177.48	221.37	167.69	192.01	189.18	197.99	175.86	192.02
Sold/List Diff. %	90	87	90	88	89	84	89	86	89	87	88	89	89	87	90
Days On Market	110	133	133	113	117	124	116	125	112	109	125	127	123	114	102
Median Price	250	225	215	205	215	177	154	170	168	150	170	164	157	165	138

This representation is based in whole or in part on data supplied by the Realtor Association of Miami-Dade County or its Multiple Listing Service, Realtor Association of Greater Miami and the Beaches, Realtor Association of Greater Fort Lauderdale and Northwestern Dade Association of Realtors. Neither the Board nor its MLS guarantees or are in any way responsible for its accuracy. Data maintained by the Association or its MLS may not reflect all real estate activity in the market. This statistical information is produced by and for the exclusive use of the Esslinger - Wooten - Maxwell Realtors. Report reflects activity by all brokers participated in the MLS.