Real Estate Market Report

Margate Real Estate Market Report — November 2026

Live MLS data for Margate, Florida. Trends, inventory, and sales metrics updated daily.

Updated November 12, 2026 at 2:41 AM EST

What this means in Margate

Buyer's Market

Right now in Margate, there are 489 homes for sale. Buyers have been closing about 67 homes a month over the last three months. At that pace, it would take about 7.3 months to sell everything currently listed. That is a buyer's market. There are more homes for sale than buyers are taking, so buyers usually have more room to negotiate. The typical sold price is $320,000. Among homes that closed, the median sold price was 95.6% of the median list price of those same sales. 11% of those sales closed above their own list price and 73% sold below their own list price. Once a home goes under contract and closes, it has usually been on the market about 46 days. Sold prices over the last three months are down about 7% compared with the three months before that. More homes are coming on the market (87 new in the last 30 days) than are selling each month, so inventory may keep growing. About 13.6% of today's active inventory is selling each month (the absorption rate). Asking prices average about $175 per square foot, while recent sales average about $245 per square foot.

Market Snapshot in Margate, FL

New Listings

Listed in the last 30 days vs the 30 days before

87

-34% vs prior 30 days

Prior 30 days: 132

Active Listings

Currently for sale (active MLS inventory, not pending or sold)

489

Under Contract

Active Under Contract + Pending

108

Homes Sold / Month

Average closed sales per month over the previous 3 months

67

-7% vs prior 3 mo

Prior 3 mo: 72

Median Sold Price

Median closed-sale price over the last 12 months (sold, not list)

$320K

-3% YoY

Prior year: $330K

Median Days on Market (Sold)

Median days on market for closed sales over the last 12 months

46days

-8% YoY

Prior year: 50 days

Months of Supply

Active listings ÷ sold/month pace (previous 3 months)

7.3mo.

+7% vs prior 3 mo

Prior 3 mo: 6.8 mo.

Absorption Rate

Percent of active inventory sold each month

13.6%

-7% vs prior 3 mo

Prior 3 mo: 14.7 %

Price Trend

Median sold price, last 3 months vs prior 3 months

$304K

-7% vs prior 3 mo

Prior 3 mo: $328K

Median List Price

Median asking price of current active listings (list, not sold)

$165K

Sale-to-List Ratio

Sold price ÷ original list price for closed sales

95.6%

Sold Above Asking

Share of closed sales that sold above list price

11%

Closed Sales

Number of homes sold in the last 12 months

779

+2% YoY

Prior year: 761

Dollar Volume

Total sold dollar volume over the last 12 months

$252M

+4% YoY

Prior year: $242M

Market Trends in Margate, FL

Median sold price

Homes sold per month

Supply vs demand (new listings vs homes sold)

● New listings● Homes sold

Days on market

List $/sq ft vs sold $/sq ft

Median list $/sq ft

$175/sq ft

Sold $/sq ft

$245/sq ft

Computed from live MLS data via the Repliers API · MIAMI + RWorld (Board 175) and MIAMI MLS (Board 177) · updated November 12, 2026 at 2:41 AM EST

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Methodology: All figures are computed from live MLS data via the Repliers API for Margate, FL. Active inventory reflects the current count of homes for sale. Sales metrics cover the trailing 12-month period; “prior year” covers the immediately preceding 12-month period for year-over-year comparison. Months of supply = active listings ÷ (closed sales per month). Stats are updated daily.

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