$325,000
Median Price
-28% vs county
$316,052
Avg Price
718
Homes Sold (12mo)
76
Avg Days on Market
County: 82
$229
Price / SqFt
County: $333
476
Active Listings
104 pending
Margate Housing Market Overview
The Margate, Florida real estate market saw 718 home sales over the past 12 months, with a median sale price of $325,000 and an average sale price of $316,052. This is 28% below the Broward County median of $454,500. The average time on market in Margate is 76 days. The average price per square foot is $229. Currently, there are 476 homes listed for sale and 104 under contract in Margate. Over the past 6 months, median prices have increased by approximately 14%.
Monthly Market Trends
| Month | Sales | Median | Average | DOM | $/SqFt |
|---|---|---|---|---|---|
| 09/26 | 39 | $368,000 | $328,628 | 89 | $253 |
| 08/26 | 53 | $330,000 | $330,234 | 60 | $219 |
| 07/26 | 46 | $325,000 | $324,967 | 76 | $238 |
| 06/26 | 71 | $333,000 | $326,629 | 69 | $230 |
| 05/26 | 69 | $336,000 | $328,552 | 62 | $231 |
| 04/26 | 76 | $227,500 | $282,712 | 86 | $210 |
| 03/26 | 61 | $315,000 | $307,452 | 95 | $218 |
| 02/26 | 66 | $329,500 | $327,645 | 82 | $251 |
| 01/26 | 37 | $264,500 | $274,576 | 74 | $205 |
| 12/25 | 59 | $380,000 | $363,352 | 69 | $253 |
| 11/25 | 60 | $312,110 | $301,806 | 84 | $224 |
| 10/25 | 69 | $195,000 | $286,861 | 78 | $211 |
| 09/25 | 12 | $398,000 | $369,450 | 48 | $257 |
Price Distribution (Last 12 Months)
Margate vs Broward County
| Margate | Broward County | |
|---|---|---|
| Median Price | $325,000 | $454,500 |
| Avg Price | $316,052 | $628,978 |
| Avg DOM | 76 days | 82 days |
| Price / SqFt | $229 | $333 |
| Total Sales | 718 | 24,861 |
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Recently Sold in Margate
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