Recently Sold Homes in Fort Lauderdale, Flagler Village

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Fort Lauderdale, FL Real Estate Insights

On the Southeastern coast of Florida sits Fort Lauderdale, a city recognized for its sprawling waterfront, beaches, nightlife and unique canals complete with gondola rides. Fort Lauderdale residents can stroll down the famous promenade, where shops, restaurants and sidewalk cafes pepper the shoreline. Activities ranging from rollerblading, wind surfing, jet skiing, volleyball, boating, snorkeling and scuba diving and beyond are all offered at local spots between Las Olas and Sunrise Boulevard in Fort Lauderdale for beachgoers convenience. Aside from shopping, dining and water sports, Fort Lauderdale residents have the opportunity to visit the Museum of Discovery and Science, the Bonnet House, the Stranahan House and the Broward Center for the Performing Arts - if arts and historical flair is more of interest.
Given its national status as a bustling beach city, Fort Lauderdale home prices are high. The average list price increasing 15.87 percent last year to reach $708,010 from $611,012 the year prior. Comparatively, the median income is just $49,444 in the city. The growing market could be related to tighter inventory. The number of homes declined 12.13 percent year-over-year, from 2,415 to 2,122 listings in 2015.