2800 SOMERSET Drive Unit 304J, Lauderdale Lakes
561-440-0777
Keller Williams Realty - Wellington
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Right now Lauderdale Lakes gives buyers time and room to think. With 14.6 months of supply, the market is leaning toward buyers. There are 358 homes listed for sale as of October 2026, and 294 homes sold over the past year. The median home took 88 days to sell. You can tour, compare and come back for a second look without feeling that the right place will be gone by the weekend.
Listing prices here are a starting point. The typical home that sold in the last year closed at 95.5% of its final list price, and only 6% sold above it. An offer under asking fits how homes here have actually been selling. Base your number on the home's condition and on what similar homes closed for, and don't let the list price set the terms.
The typical home is modest and well within reach. Homes here sold for a median of $120,000, or $124 per square foot. The typical living area is 1,010 sq ft, with 2 bedrooms and 2 baths. Most of what you'll tour is older construction that comes with an association. Budget time for the association paperwork as well as the walk-through, because the two together tell you what you're really buying.
The bedroom mix runs 1 bed (26%), 2 bed (47%), 3 bed (19%), 4 bed (6%). Homes with 2 bedrooms make up nearly half of what's sold or on the market, so that is where you'll have the most choices and the most room to be picky about layout, condition and location within a community. If you need more space, the choices narrow quickly as the bedroom count goes up. Once a home with the size you need comes up and checks out, it pays to be ready to act on it, even in a market that otherwise lets you take your time.
Most of the action is here. 71% of the homes sold in the past year went for under $300,000. If your budget sits in this range, you're shopping where most of the inventory is. That means you can compare several homes side by side and weigh condition and association details against price, rather than settling for the only option that fits.
Here's a pattern worth knowing if your budget is higher. 15% of last year's sales landed between $400,000 and $500,000. That is a bigger share than the 10% that sold between $300,000 and $400,000. Homes at these prices are a different conversation from the typical sale here. Before deciding what the extra money buys, compare their size and price per square foot with the overall median. Above that, only 3% of sales came in at $500,000 to $750,000, so expect few choices at those prices.
Plan on an association with nearly any home you consider seriously here. The fees, the rules and the health of the association shape the true cost of owning just as much as the purchase price does. Read the documents before you're under contract, or make sure your contract gives you time to review them. When two homes are close in price, the association often ends up deciding between them. One with clear rules and a well-run budget can be worth more to you than a slightly lower sticker price.
Whether you are just starting to look or getting serious about a move, Chris Kull can help you understand the Lauderdale Lakes market and figure out your next steps.
Already own a home? I can help you get an estimate of what it might sell for in today’s Lauderdale Lakes market. Call or text 561-440-0777 or send me a message.
The median home in Lauderdale Lakes sold for 95.5% of its final list price in the last year, and 6% sold for more than asking.
Over the last year, homes in Lauderdale Lakes took a median of 88 days to sell.
A typical Lauderdale Lakes home has 2 bedrooms and 2 bathrooms, about 1,010 sq ft of living space, and was built around 1973. The bedroom mix: 1 bed (26%), 2 bed (47%), 3 bed (19%), 4 bed (6%). 35% of the homes on record are single-story.
In Lauderdale Lakes, 71% of homes sold in the last year are priced under $300,000, more than any other range. Another 15% are $400,000 to $500,000.
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