Market report, updated

Margate, FL Real Estate Market Report: Price Trends and Data Analysis

Condo, Multifamily, Single Family Residential, Townhome search in the counties of Broward, Martin, Palm Beach, and other counties, in the city of Margate

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Report prepared by Thekullgroup.com Keller Williams Realty - Wellington

Market at a glance

Over the last 12 months, homes sold for 96.9% of list price in 82 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $296K Sold · $287K
$380K$340K$300K$260K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 79 sales in Apr. Last month: 59.

Where the market stands

All homes in this report, by status.

1,235homes
Active487 · 39%
Under contract45 · 4%
Sold (12 mo)703 · 57%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

8.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$266K
Under contract$300K
Sold$311K

Average days on market

Active72 days
Under contract75 days
Sold82 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 487
Average list price $265,814
Avg. days on market 72 days
Avg. price per ft² $228
Avg. living area 1,162 ft²
Avg. beds / baths 2.1 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 248 homes plotted, up to $900K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

157 N Cortez Drive$2,435
423 AZTEC Boulevard Unit 423$1,512
397 SUNDIAL Circle Unit 397$718
634 N CORTEZ Drive Unit 634$686
381 Sundial Circle Unit 381$653
6337 NW 24TH Court$496
3367 Bonito Lane$400

All active listings (487)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
7301 NW 1ST Street Unit 106Margate, FL 33063 221,100$169,999$1541 day
5905 Coral Lake Drive Unit 105Margate, FL 33063 221,090$199,900$1831 day
1005 COUNTRY CLUB Drive Unit 205Margate, FL 33063 11739$79,900$1083 days
6234 Coral Lake Drive Unit 310Margate, FL 33063 221,090$180,000$1651 day
1025 COUNTRY CLUB Drive Unit 407Margate, FL 33063 22930$109,900$1183 days
6960 NW 8TH CourtMargate, FL 33063 321,510$425,000$2812 days
7480 NW 6TH CourtMargate, FL 33063 221,587$519,000$3272 days
950 NW 80th Avenue Unit 104Margate, FL 33063 12850$130,000$1522 days
6600 ROYAL PALM Boulevard Unit 304BMargate, FL 33063 22790$94,900$1205 days
1025 Country Club Drive Unit 301Margate, FL 33063 22930$114,900$1233 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Thekullgroup.com Keller Williams Realty - Wellington

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