33308 (Fort Lauderdale)
Housing Market
Median sale price $750,000, down 12.8% year over year, with homes going under contract in about 84 days, 48 homes on the market.
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Housing Market Analyst
Inventory sits at 4.9 months of supply — balanced by the 3-to-6-month balanced benchmark, and 18% of listed homes are already under contract. Prices are down 12.8% versus the prior year, but sellers are still collecting 89.7% of asking. Taken together, the data leans toward buyers — leverage is real for those ready to use it.
Who has leverage right now
Leverage scores are derived from the Momentum Score (supply, demand, speed, pricing power, and trend). Right now the data favors buyers.
- Prices — balanced supply argues for a sideways market; condition and pricing decide individual outcomes.
- Inventory — tightening over the tracked window; watch whether that holds through the season.
- Negotiating power — buyers gain ground as 18% of inventory sits under contract.
- Mortgage sensitivity — at 5.7× income, this market is highly sensitive to rate moves; rate relief tends to show up in demand here quickly.
Derived from current 33308 data, not a prediction or guarantee. Markets move; talk to an agent before acting on any single reading.
One inventory number hides four different markets
Months of supply = active listings ÷ monthly sales pace, bucketing communities by their recent median. 3–6 months is the balanced band.
Where 33308 is hot — and where it isn't
Each dot is a community (12 shown, sized by sales volume rank). Click any dot to open its full neighborhood guide.
The read on 33308 (Fort Lauderdale)
The median sale price across 33308 currently stands at $750,000, down 12.8% from a year ago. Buyers are paying a median of $447 per square foot. The typical home goes under contract in about 84 days. Sellers are capturing 89.7% of their original asking price on average.
There are 48 active listings on the market, with 9 more already under contract. At the current sales pace that works out to 4.9 months of supply — roughly balanced conditions by the standard six-month benchmark. 136 homes closed here over the trailing 12 months.
Zillow's home value index for Broward County stands at $425,777. About 20% of listings county-wide have taken a price cut — a useful gauge of seller flexibility.
Weighing supply, demand, speed, pricing power, and trend together, the Momentum Score for 33308 is 33 of 100 — soft market territory. This page recalculates every day as new MLS data lands, so the numbers above reflect the market as of August 31, 2026.
33308 since 2012 — and where it’s heading
A median home here sold for $337,997 in 2012 and $941,471 over the last recorded year — 179% appreciation across 14 years of recorded sales.
Median sale price · 2012–2026 (2,489 recorded sales)
Days on market by year
Home value trend · Broward County (Zillow ZHVI)
For-sale inventory · county (Zillow)
Daily active vs pending · Broward County (MLS)
Median price · daily recalculation
What’s driving 33308
Top inbound states: NY, NJ, CA, TX. Movers arriving report ~$90,662 average income. Source: IRS SOI county-to-county migration, 2022-2023
35,154 Citizens policies in force in Broward County — the state-backed insurer of last resort. Budget insurance into any Broward purchase before you fall in love with a house. Source: Citizens Property Insurance, Detail by County, April 2026
712 single-family · 1,978 multi-family · 1.4 per 1,000 residents. Future supply pressure starts here. Source: U.S. Census Bureau, Building Permits Survey, 2025
The calls we’re making from today’s data
The sharpest 1-yr median swing among tracked communities. Thin samples can exaggerate swings — verify with a comp analysis before treating it as trend.
The most crowded shelf in the market. Sellers here are competing hardest — which means overpaying in this band is the most avoidable mistake in 33308 right now.
The tightest band — sellers in this range hold the most leverage, and buyers should walk in with financing done and terms clean.
Buyers: ask for concessions — rate buydowns and repair credits are back on the table. Sellers: presentation and the first two weekends decide your outcome; price accordingly.
Generated from today’s data by Momentum’s analysis engine and reviewed on a rolling basis by our broker team.
Nearby ZIP codes in Broward
| Market | Median | Active | Score | |
|---|---|---|---|---|
| 33308 ← this page | $750K | 48 | 33 | |
| 33020 | $1.03M | 82 | 40 | Open → |
| 33076 | $872K | 77 | 49 | Open → |
| 33019 | $1.03M | 73 | 40 | Open → |
| 33065 | $555K | 57 | 57 | Open → |
| 33301 | $1.50M | 54 | 41 | Open → |
Neighborhoods on the move
| L'HERMITAGEFort Lauderdale | $1.94M | ▲ 2% |
| IMPERIAL POINT COLONNADESFort Lauderdale | $144K | ▲ -7% |
| Coral Ridge Isles 45-47 BFort Lauderdale | $750K | ▲ -10% |
| Playa Del SolFort Lauderdale | $410K | ▲ -20% |
| Coral RidgeFort Lauderdale | $1.90M | ▲ -20% |
| BAY COLONY CLUBFort Lauderdale | $275K | ▼ 24% |
| Coral RidgeFort Lauderdale | $1.90M | ▼ 20% |
| Playa Del SolFort Lauderdale | $410K | ▼ 20% |
| Coral Ridge Isles 45-47 BFort Lauderdale | $750K | ▼ 10% |
| IMPERIAL POINT COLONNADESFort Lauderdale | $144K | ▼ 7% |
| Coral RidgeFort Lauderdale | $1.90M | 11 |
| L'HERMITAGEFort Lauderdale | $1.94M | 7 |
| PLAYA DEL MARFort Lauderdale | $650K | 4 |
| Vantage ViewFort Lauderdale | $415K | 4 |
| BAY COLONY CLUBFort Lauderdale | $275K | 3 |
| Coral RidgeFort Lauderdale | $1.90M | 69 days |
| Coral Ridge Isles 45-47 BFort Lauderdale | $750K | 70 days |
| IMPERIAL POINT COLONNADESFort Lauderdale | $144K | 70 days |
| L'HERMITAGEFort Lauderdale | $1.94M | 93 days |
| Playa Del SolFort Lauderdale | $410K | 134 days |
Cities in this ZIP
Most active communities
Put this data to work
The questions people actually ask
Should I buy a house in 33308 right now?
The data says conditions currently favor buyers in 33308 — the Momentum Score reads 33/100 with 4.9 months of supply. For buyers that means preparation over hesitation: well-priced homes still move fast, but there is more room to negotiate than a year ago. The right timing always depends on your rate, your equity, and how long you plan to stay — not just the market.
Is 33308 becoming more affordable?
Yes, modestly — the median sale price in 33308 is $750,000, down 12.8% versus the prior year, while sellers still capture 89.7% of asking price. Softening prices plus normal-length marketing times mean affordability is improving at the margin, though financing costs matter more than list prices for most monthly payments.
Where are prices falling fastest in 33308?
Among tracked communities with enough sales to measure, the sharpest 1-year median declines are BAY COLONY CLUB (-24%); Coral Ridge (-20%); Playa Del Sol (-20%). Note that community-level medians move on small sale counts — a few high- or low-end closings can swing them — so treat these as leads for a comp analysis, not verdicts.
Which 33308 neighborhoods are most competitive?
Measured by speed of sale, the fastest-moving tracked communities right now are Coral Ridge (69 days); Coral Ridge Isles 45-47 B (70 days); IMPERIAL POINT COLONNADES (70 days) — homes there go under contract well ahead of the market-wide pace of 84 days.
33308 (Fort Lauderdale) housing market FAQ
What is the median home price in 33308?
The median sale price in 33308 is currently $750,000, down 12.8% from a year ago, based on MLS sales data updated August 31, 2026.
Is 33308 a buyer's or seller's market right now?
The data currently favors buyers. 33308 scores 33 of 100 on the Momentum Score, with 4.9 months of housing supply. Conditions change; this page updates daily.
How long do homes take to sell in 33308?
The typical home in 33308 goes under contract in about 84 days, per current MLS data.
How many homes are for sale in 33308?
There are approximately 48 active listings in 33308 as of August 31, 2026.
Are home prices in 33308 rising or falling?
Median sale prices are down 12.8% year over year based on a rolling comparison of MLS sales.
Momentum agents use this intelligence every day to price listings and write winning offers across 33308 (Fort Lauderdale). Talk through what the numbers mean for your move.
Every number on this page is computed directly from licensed Florida MLS feeds, recorded public sales, Zillow Research, and U.S. Census data — nothing is manually adjusted or estimated by hand. Medians use recorded closed sales; supply figures use live listing counts refreshed twice daily; the Momentum Score methodology is summarized .
Analyst oversight: Jon Brooks — Co-Founder, Momentum Realty · CEO, Momentum Research · Housing Market Analyst · methodology reviewed quarterly · Last data refresh: August 31, 2026 at 7:34 AM ET
Statistics on this page are computed automatically from licensed MLS feeds and public data sources (Zillow Research, U.S. Census Bureau) and summarized without manual review. Figures are estimates based on recent recorded activity, are deemed reliable but not guaranteed, and should be verified with a licensed agent before making decisions. This page does not constitute an appraisal or an automated valuation of any specific property. Momentum Realty is licensed in Florida and Georgia. Equal Housing Opportunity.