Luxury Homes in Margate, FL
1 listings in Margate
There are 1 luxury homes for sale in Margate, Florida right now. The median list price is $1,200,000. That puts this segment 145% above the overall Margate median of $489,000 across 168 active listings.
These homes average 1,188 square feet of living area. Average pricing runs $1,010 per square foot versus $321 citywide. The median year built is 2010.
This segment averages 354 days on market, 269 days longer than the Margate average of 85. The median closed-sale price in Margate is $428,000. Deals close at 97.6% of list price. The absorption rate is 15.4%.
At this tier a meaningful share of inventory trades off-market or with delayed MLS exposure. Comparable sales are thin, so pricing depends on recent closings in the specific enclave rather than city-wide averages.
María Delgado works the South Florida market daily and can send you the full list with photos, association documents and recent comparables — in English or Spanish.
Market overview
Total active
1
Avg price
$1,200,000.00
Median price
$1,200,000.00
Price range
$1,200,000.00 – $1,200,000.00
Avg $/sqft
$1,010.10
Luxury (1M+)
1
Market Pulse
Based on 123 closed sales in Margate · last 12 months
💰
Median Sold Price
$428,000
from closed sales
📅
Avg. Days on Market
58 days
from list to contract
📊
Absorption Rate
15.4%
of inventory sold per month
🎯
Sale-to-List Ratio
97.6%
of asking price
Source: Spark MLS · Updated every 6h
