$339,500
Median Price
-25% vs county
$325,505
Avg Price
486
Homes Sold (12mo)
73
Avg Days on Market
County: 83
$230
Price / SqFt
County: $336
423
Active Listings
95 pending
Margate Housing Market Overview
The Margate, Florida real estate market saw 486 home sales over the past 12 months, with a median sale price of $339,500 and an average sale price of $325,505. This is 25% below the Broward County median of $450,000. The average time on market in Margate is 73 days. The average price per square foot is $230. Currently, there are 423 homes listed for sale and 95 under contract in Margate. Over the past 6 months, median prices have decreased by approximately 7%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 06/26 | 39 | $335,000 | $325,521 | 72 | $225 |
| 05/26 | 42 | $338,000 | $332,533 | 58 | $238 |
| 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 | 11 | $443,000 | $380,318 | 97 | $258 |
Price Distribution (Last 12 Months)
Margate vs Broward County
| Margate | Broward County | |
|---|---|---|
| Median Price | $339,500 | $450,000 |
| Avg Price | $325,505 | $644,404 |
| Avg DOM | 73 days | 83 days |
| Price / SqFt | $230 | $336 |
| Total Sales | 486 | 14,132 |
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Recently Sold in Margate
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