$340,000
Median Price
-24% vs county
$326,303
Avg Price
492
Homes Sold (12mo)
72
Avg Days on Market
County: 82
$231
Price / SqFt
County: $336
427
Active Listings
90 pending
Margate Housing Market Overview
The Margate, Florida real estate market saw 492 home sales over the past 12 months, with a median sale price of $340,000 and an average sale price of $326,303. This is 24% below the Broward County median of $450,000. The average time on market in Margate is 72 days. The average price per square foot is $231. Currently, there are 427 homes listed for sale and 90 under contract in Margate. Over the past 6 months, median prices have decreased by approximately 6%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 06/26 | 53 | $340,000 | $334,287 | 68 | $231 |
| 05/26 | 43 | $340,000 | $337,567 | 56 | $241 |
| 04/26 | 51 | $242,500 | $296,522 | 88 | $213 |
| 03/26 | 36 | $333,750 | $319,269 | 95 | $223 |
| 02/26 | 40 | $317,000 | $327,793 | 86 | $253 |
| 01/26 | 25 | $330,000 | $286,344 | 55 | $204 |
| 12/25 | 37 | $400,000 | $378,164 | 67 | $254 |
| 11/25 | 34 | $370,750 | $347,629 | 77 | $238 |
| 10/25 | 46 | $285,000 | $295,500 | 63 | $206 |
| 09/25 | 38 | $315,000 | $314,971 | 65 | $232 |
| 08/25 | 44 | $321,000 | $316,580 | 77 | $217 |
| 07/25 | 43 | $349,500 | $352,581 | 61 | $252 |
| 06/25 | 2 | $479,000 | $479,000 | 13 | $279 |
Price Distribution (Last 12 Months)
Margate vs Broward County
| Margate | Broward County | |
|---|---|---|
| Median Price | $340,000 | $450,000 |
| Avg Price | $326,303 | $644,052 |
| Avg DOM | 72 days | 82 days |
| Price / SqFt | $231 | $336 |
| Total Sales | 492 | 14,452 |
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Recently Sold in Margate
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