Category Archives: New Listings Homes 400K – 800K

Homes $400K – $800K

Fort Lauderdale Homes
$400K – $800K

Search Homes $400K – $600K

Search Homes $600K – 800K

Ft Lauderdale offers a great range of single family homes for sale.
Currently there are 1606 homes for sale in the price range $400K – $800K

This is down slightly from the 1619 homes for sale in the price range $400K – $800K as reported in our update for June / July 2015

As one of our companies top Gay Fort Lauderdale Realtors I stress to my Gay and LGBT clients that when looking at homes in this price range it is important to note the very real trade-off between size of homes AND the location of homes in this price range – I discuss this more below.

View of a home for sale priced under $800,000
View of a home for sale priced under $800,000

Fort Lauderdale
Price Analysis Report

Here is our Pricing Guide for Fort Lauderdale Homes currently for sale priced between 400K – 800K

Price Range Quantity
$400,000 – $449,999 364
$450,000 – $499,999 356
$500,000 – $549,999 200
$550,000 – $599,999 211
$600,000 – $699,999 286
$700,000 – $800,000 189
Total 1,606

We can see from this report that there is a good spread of inventory across all price points – with the highest levels of inventory in home priced under $499,999.

What is important to note – and something as a Fort Lauderdale Realtor that I point out to my Gay and LGBT clients – is that while there is a good range of homes for sale across all price point..

Homes in this price range in popular gay friendly neighborhoods will often be smaller in both square footage AND in the number of bedrooms 

Typically homes in this price range are also likely to include many mid-century homes and mid-century homes that have been upgraded/updated.

Working with Gay Realtors and hunting homes based solely on price can be challenging as it sets expectation – and while we here in Ft Lauderdale have many lovely larger new construction homes

They are often then to be in neighborhood and communities spread across Greater Fort Lauderdale vs in some of the more popular neighborhoods here in Fort Lauderdale central!

I set out below a guide to prices by bedroom – as a real estate agent I often find this information helps my clients when they are thinking and comparing homes based on square foot prices.

Read My Earlier Post to see my Pricing Guide and Guide to Prices by bedroom for homes in popular Gay Friendly Neighborhoods

Aerial view Fort Lauderdale waterfront home priced under $800,000
Aerial view waterfront home priced under $800,000

 

Homes $400K – $800K
Median Prices

I present a summary of median prices for homes priced between $400,000 and $800,000 based on bedrooms – we do this as it gives both buyers and sellers a great guide based on square footage and square foot prices.

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,545 $499,900 $348
3 / 2 2,098 $519,900 $256
4 / 3 2,750 $495,500 $182
5 / 3 3,440 $589,000 $171

We can see from this report:

  • The median for 2 Bedroom Fort Lauderdale homes in this price range is $499,900 – this being based on a 2 bedroom 2 bathroom home of 1545 square feet with a list price to square foot price of $348.00
  • The median for 3 Bedroom Fort Lauderdale homes in this price range is $519,900 this being based on a 3 bedroom 2 bathroom home of 2098 square feet with a list price to square foot price of $256.00
  • The median for 4 Bedroom Fort Lauderdale homes in this price range is $495,500 this being based on a 4 bedroom 3 bathroom home of 2750 square feet with a list price to square foot price of $182.00
  • The median for 5 Bedroom Fort Lauderdale homes in this price range is $589,000 – this being based on a 5 bedroom 3 bathroom home of 3440 square feet with a list price to square foot price of $171.00 

Homes $400K – $800K
Prices by Bedroom

Here we review in more detail the data for Fort Lauderdale homes  and Luxury Homes for sale – by bedroom.

2 Bedroom Homes

There are 61 x 2 bedroom homes in this price range currently for sale here in Fort Lauderdale – just up slightly from the 60 x 2 bedroom homes as per our last post!

The market analysis report for these homes is set out below.

 $$ Beds/Baths SF/FF List Price
High 2 / 3 2,517 $789,500
Low 2 / 1 780 $405,000
Avg 2 / 2 1,566 $524,122
Med 2 / 2 1,545 $499,900

Typically 2 bedroom homes run at around $340.00 – $360.00 per square foot based on median prices – but they can go all the way to $580.00 or more.

The median price for a 2 bedroom home in Ft Lauderdale in this price range is $499,900 – down from $525,000 as per our last post!

The median being base on a 2 bedroom 2 bathroom home of approx 1545 square feet with a list price to square foot price of $348.00

3 Bedroom Homes

There are 375 x 3 bedroom homes in this price range currently for sale here in Fort Lauderdale – well down from the 405 x 3 bedroom homes for sale as per our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 3 / 4 3,773 $799,000
Low 3 / 2 1,121 $400,000
Avg 3 / 2 2,162 $542,038
Med 3 / 2 2,098 $519,900

Typically 3 bedroom homes run at $255.00 – $265.00 per square foot based on median prices – but they can go all the way to $530.00 or more.

The median price for a 3 bedroom home in Fort Lauderdale is $519,900 – down from $544,000 as per our last post!

The median for a 3 bedroom home is a 3 bedroom 2 bathroom home of approx 2098 square feet with a list price to square foot price of $256.00

4 Bedroom Homes

There are 690 x 4 bedroom homes in this price range currently for sale here in Fort Lauderdale – up slightly from the 684 x 4 bedroom homes for sale as per our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 4 / 4 5,674 $800,000
Low 4 / 2 1,081 $400,000
Avg 4 / 3 2,808 $526,941
Med 4 / 3 2,750 $495,500

Typically 4 bedroom homes run at $180.00 – $190.00 per square foot based on median prices – but they can go all the way to $500.00 or more.

The median price for a 4 bedroom home in Fort Lauderdale in this price range is $495,500 – down from $499,000 as per our last post!

Typically the median for a 4 bedroom home is based around a 4 bedroom 3 bathroom home of approx 2750  square feet with a list price to square foot price of $182.00

5 Bedroom Homes

There are 392 x 5 bedroom homes in this price range currently for sale here in Fort Lauderdale – up from 386 x 5 bedroom homes for sale as per our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 3 6,615 $800,000
Low 5 / 2 1,853 $400,000
Avg 5 / 3 3,489 $593,947
Med 5 / 3 3,440 $589,000

Typically 5 or more bedroom homes run at $170.00 – $175.00 per square foot based on median prices – but they can go all the way to $300.00 or more.

The median price for a 5 or more bedroom home currently for sale here in Fort Lauderdale is $589,000 – up from $584,950 as per our last post!

The median is based on a 5 bedroom 3 bathroom home of 3440 square feet – with a list price to square foot price of $171.00

Most Fort Lauderdale Real Estate Agents and Realtors will tell you that these last two charts – for 4 bedroom and 5 bedroom homes are the most telling.

You can the median sq ft price for 4 – 5 bedroom homes is $182.00 – $171.00 respectively – a dramatic drop from the median prices per square foot for 3 bedroom homes at $256.00 or 2 bedroom homes at $348.00

The drop reflects the absolute tradeoff between location and home size.

Typically homes in popular gay friendly neighborhoods in this price range are older, smaller and have a higher sq ft price.

This is a very important consideration for Gay and LGBT home buyers – and as a Fort Lauderdale Realtor I have seen a number of buyers opt to purchase larger homes far away from the popular gay neighborhoods and other who settle for much smaller homes right in the heart of some of the most popular Gay Friendly Fort Lauderdale neighborhoods!

Kevin Wirth Fort Lauderdale Realtor

I hope you have enjoyed reading my post on Fort Lauderdale homes priced $400K – $800K – by Kevin Wirth – Gay Fort Lauderdale Realtors