MEDIAN SALE PRICE
$139K
▲ 9.7% YoY
MEDIAN $/SF
$155
▼ 7.4% YTD
ACTIVE INVENTORY
324
for sale
SOLD VS. ORIGINAL ASK
91.0%
NEW95.8% of final list
DAYS TO CONTRACT
67
NEW101 to close
MARKET PULSE
0.15
Buyer's market
Price cuts (trailing 30d): 85 · 26.2% of active · maturing to a full 30-day share
MEDIAN SALE PRICE OVER TIME
MARKET PULSE
margate
BUYER'S ADVANTAGE
Today 0.15 · Broward County 0.14
MARKET SUMMARY · 12 MONTHS
| Median sale price | $139K | |
| Median $/SF | $155 | |
| Median days on market | 112 | |
| Total sales (12mo) | 352 | |
| New listings (12mo) | 721 | |
| Sold ÷ original ask NEW | 91.0% | |
| Sold ÷ final list price NEW | 95.8% | |
| Sold below original ask NEW | 84% | |
| Median days to contract NEW | 67 | |
| Median days to close NEW | 101 | |
| How buyers paid NEW | 43% cash · 56% fin. · 1% n/d | |
| Months of supply | — | 11.0 |
| Sale-to-just-value ALL HOMES | — | 1.09× |
| Owner-occupied ALL HOMES | — | 69.7% |
TIER HEALTH · NEW VS. ABSORBED
| TIER | MEDIAN | NEW | ABS. | BALANCE |
| Under $1M | $135K | 42 | 31 | BALANCED |
Fixed tiers per §2.2b · new = listed 30d · absorbed = closed 30d.
TIME TO SELL · LISTING TO CLOSING
NEW67
days, listing → contract
32
days, contract → closing
101
days, listing → closing
How long condos and townhomes took to go under contract
Medians of 347 closed sales, Nov 2025 – Oct 2026. Days are counted from the listing date.
HOW BUYERS PAID
NEW44%
cash share of disclosed sales
Financing reported on 99% of sales (342 of 347).
Cash: paid entirely in cash. Financed: any mortgage or loan, including a mix of cash and loan. Not disclosed: payment method not reported, or reported only as “Other” / 1031 exchange. 347 closed sales of condos and townhomes, Nov 2025 – Oct 2026.
WHAT LISTING SITES CAN'T SEE PUBLIC RECORDS · RECORDED DEEDStax-roll figures cover all homes · appreciation is condos and townhomes
69.7%
Owner-occupied (homestead)
1.09×
Sale-to-just-value ratio
47.3%
Homes sold, 10-yr
-7.4%
Appreciation YTD · $/SF CLOSED SALES
Appreciation YTD compares the median price per square foot of closed sales so far this year against the same period last year. Price per square foot rather than median price, because a median price moves with which homes sold — over this span South Beach ran +1.9% on median price but −4.3% per square foot. Effective tax rate: modeling in progress — the county roll carries no millage field, so we show “—” rather than an estimate.
TOP NBHDS · MEDIAN PRICE
| Paradise Gardens | $325K |
| Margate | $147K |
| Oriole Margate | $125K |
FASTEST SELLING · DOM
| Paradise Gardens | 69 |
| Oriole Margate | 132 |
| Margate | 193 |
NBHDS PERFORMANCE · $/SF
| Paradise Gardens | $322 |
| Margate | $150 |
| Oriole Margate | $130 |
RENTAL MARKET for-lease condos and townhomes · separate from the for-sale figures above
$1,800/mo
Median asking rent
89
Active rentals
32
New listings (30d)
55
Median days on market
CONDO BUILDINGS IN MARGATE
Most active buildings by for-sale inventory · all condo buildings in Margate → · A–Z directory →
Monthly market report for Margate → · Broward County market →
FREQUENTLY ASKED · MARGATE
How much do condos and townhomes cost in Margate?
The median sale price in Margate is $139K over the trailing 90 days, and the median list price is $135,000.
Is Margate a buyer's or seller's market?
Margate is currently a buyer's market. Its market pulse — pending sales divided by active listings — is 0.15; readings at or above 0.60 favor sellers and below 0.40 favor buyers.
How many condos and townhomes are for sale in Margate?
There are 324 active for-sale listings of condos and townhomes in Margate as of snapshot 2026-W45, updated weekly.
How long do condos and townhomes take to sell in Margate?
Condos and townhomes in Margate spend a median of 112 days on market.
What is the price per square foot in Margate?
The median list price per square foot in Margate is $155.
What share of Margate homes are owner-occupied?
About 69.7% of homes in Margate are owner-occupied (homestead), per public property records.
How often do homes sell in Margate?
About 47.3% of homes in Margate have changed hands over the past decade — roughly 4.7% per year — based on qualified arm's-length sales in public deed records.
How long do homeowners typically own in Margate?
Homeownership in Margate skews long-term: only about 47% of homes had a qualified sale in the past decade, so roughly 53% of owners have held 10+ years, per public deed records.
Are condo and townhome prices in Margate rising or falling?
The median sale price in Margate is $139K, up 9.7% year over year and the median price per square foot is up 18.3%. Figures compare the trailing 90 days to the same period a year earlier.
How much housing inventory does Margate have?
Margate has about 11.0 months of supply — active for-sale listings divided by the average monthly pace of closed sales over the trailing 12 months. Below roughly six months typically favors sellers; above it favors buyers.
Every figure above appears elsewhere on this page · snapshot 2026-W45.