South Florida Multifamily Market Remains Strong

Multifamily ask and sale prices continue their upward trend while inventories remain low.

Current Fort Lauderdale market trends data indicates a decrease of -0.6% in the median asking price per unit for Multifamily properties compared to the prior 3 months, with an increase of +15.7% compared to last year’s prices. County-wide, asking prices for Multifamily properties are 2.8% higher at $114,665 per unit compared to the current median price of $132,183 per unit for Multifamily properties in Fort Lauderdale, FL.