$340,000
Median Price
-24% vs county
$324,309
Avg Price
472
Homes Sold (12mo)
74
Avg Days on Market
County: 83
$231
Price / SqFt
County: $333
280
Active Listings
74 pending
Margate Housing Market Overview
The Margate, Florida real estate market saw 472 home sales over the past 12 months, with a median sale price of $340,000 and an average sale price of $324,309. This is 24% below the Broward County median of $449,000. The average time on market in Margate is 74 days. The average price per square foot is $231. Currently, there are 280 homes listed for sale and 74 under contract in Margate. Over the past 6 months, median prices have decreased by approximately 21%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 04/26 | 29 | $162,400 | $297,634 | 98 | $210 |
| 03/26 | 36 | $333,750 | $319,269 | 95 | $223 |
| 02/26 | 39 | $319,000 | $331,569 | 86 | $252 |
| 01/26 | 24 | $256,250 | $279,525 | 56 | $201 |
| 12/25 | 36 | $402,500 | $378,779 | 68 | $254 |
| 11/25 | 34 | $370,750 | $347,629 | 77 | $238 |
| 10/25 | 45 | $270,000 | $291,289 | 61 | $204 |
| 09/25 | 37 | $315,000 | $309,132 | 67 | $232 |
| 08/25 | 44 | $321,000 | $316,580 | 77 | $217 |
| 07/25 | 43 | $349,500 | $352,581 | 61 | $252 |
| 06/25 | 38 | $319,500 | $317,445 | 90 | $229 |
| 05/25 | 54 | $339,462 | $321,388 | 59 | $228 |
| 04/25 | 13 | $400,000 | $369,192 | 72 | $284 |
Price Distribution (Last 12 Months)
Margate vs Broward County
| Margate | Broward County | |
|---|---|---|
| Median Price | $340,000 | $449,000 |
| Avg Price | $324,309 | $635,984 |
| Avg DOM | 74 days | 83 days |
| Price / SqFt | $231 | $333 |
| Total Sales | 472 | 13,273 |
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Recently Sold in Margate
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