Luxury Homes Market Data Report Fort Lauderdale, Miami and Nation

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Quick Summary of Luxury Home Prices in the Miami and Fort Lauderdale Area for the week of April 28, 2013 taken from the ILHM April 28, 2013 report.

ILHM National Report this week looked at 23367 luxury homes on the market. The ILHM Luxury Composite Price this week is $1,258,953. These homes have been on the National market for an average of 97 days. Miami and Fort Lauderdale pricing is stable, moving sideward.

Metro Mrk’t

Lux Price

Med SqFt

Inventory

New Listing

Absorption

Avg DOM

Miami

$ 1,769,727

3,119

1501

76

74

256

 To view all local luxury markets around the country click here.

According to ILHM, Luxury home prices across the National sample have stayed relatively stable in recent weeks. This week median price is $1,258,953, Miami and Fort Lauderdale’s Median Price is $1,769,727.

Price per Sq. Ft. gives us a view to changes in how luxury homes are valued as well as how they’re being constructed. Currently median price per square foot in the luxury homes is $337.

FREE MLS Internet Search Computer Generated Report of all active listings in Fort Lauderdale to Miami?  Here you be able to search all of Fort Lauderdale and Miami active homes and condos for sale.

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