Fort Lauderdale Real Estate Blog

October 12, 2009

1228 NE 12th Ave Fort Lauderdale | Mozaic Townhomes - Sold

I sold this townhome  to very patient buyers.  Listed for sale as a short sale; the buyers originally contracted on this property in February of this year, and almost 6 months later, they finally closed at the end of August.

Mozaic Townhomes is located in the Lake Ridge area of Fort Lauderdale, and consists of 4 modern multiple story residences, all with walk-out terraces and 2 car garages.

1228 is a corner unit with lots of windows for natural light.  A European kitchen with stainless appliances.  Stained concrete floors on the first level, and carpet upstairs.  2 walk out terraces, one from the master bedroom and one off the loft area.

 1228 NE 12th Ave | Mozaic Townhome

Kitchen at Mozaic townhome - 1228 NE 12th Ave

Living Area - Mozaice Townhome

Master bedroom

Back yard at Mozaic Townhome

 Originally listed at $225,000, after many months of negotiating with the lenders, the Closed Sales Price was $232,000.  The seller had previously paid $680,000 in 2007.  Well worth waiting for!

The other corner (also a short sale), 1234 NE 12th Ave sold in June of this year for $265,000.

For more information about homes and townhomes for sale in Fort Lauderdale including Victoria Park homes and townhomes for sale, contact me today at 954-850-2397.

View Fort Lauderdale MLS available property listings for sale including homes, condos, townhomes and lofts.

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May 25, 2009

Las Olas River House | Listing & Sales Activity - March 2009

March Listing & Sales Activity for 333 Las Olas Way Fort Lauderdale, Las Olas River House show 1 new listing in March which was neither a short sale or REO bank foreclosure.  There were a total of 46 available condos for sale at Las Olas River House in March (18%).

Las Olas River House Listing Activity - March 2009

Pending Sales Activity at Las Olas River House in March

There were 2 condos pending in March

  • 2905 (Columbus), 2 bed/ 3 baths, Listed Price - $725,999 (short sale)
  • 3305 (Columbus), 2 bed/ 3 baths, Listed Price - $599,000 (short sale)

Recent Sales at Las Olas River House in March

There were 2 closed sales at Las Olas River House in March with an Average Sales Price per square foot of $213.00.  Average Days on Market were 51.*

  • 1604 (Columbus), 2 bed/ 3 bath, Listed Price - $530,000
  • 1007 (Chelsea), 2 bed/ 2.5 bath, Listed Price - $429,900

Las Olas River House Pending & Sales Graph - March 2009

Year to Date Average Sales Price - $566,000

Year to Date Median Sales Price - $490,000

For more information about buying Las Olas River House condos for sale  or for a market analysis for selling a condo at Las Olas River House, contact me today at 954-850-2397.

Las Olas River House Listing & Sales Activity - February 2009

Recent Statistics for Property Values for Fort Lauderdale homes and condos.

Search Fort Lauderdale MLS available property listings for sale including Fort Lauderdale short sales and Fort Lauderdale REO Bank Foreclosures.

Return to Fort Lauderdale Real Estate Home Page

Source: Fort Lauderdale MLS.  Information believed accurate but not warranted.  Days on Market  could vary if property was previously listed.

WaterGarden Condo | Listing & Sales Activity - March 2009

Listing & Sales activity for 347 N New River Drive Fort Lauderdale, WaterGarden Condo in Downtown Fort Lauderdale show 4 new listings added in March.  1 new short sale and none were REO bank foreclosures.  Total number of condos for sale at WaterGarden in March was 26, with just 8% of the building listed for sale.

WaterGarden Condo Listing graph - March 2009

Pending Sales at WaterGarden Condo in March 2009

There were no pending sales at 347 N New River Drive, WaterGarden Condo in March

Recent Sales at WaterGarden Condo - March 2009

There were 2 closed sales at Watergarden in March with an average price per square foot of $348.50.  Average Days on the market was 16*.

  • 803   (Moonglow), Listed Price $464,000 - Sold Price $452,000 (97%)
  • 1102 (Stardust), Listed Price $395,000 - Sold Price $380,000 (96%)

WaterGarden Pending & Sales Graph - March 2009

Year to Date Average Sales Price is $445,250.

Year to Date Median Sales Price is   $456,000.

For more information about buying condos for sale at WaterGarden or for a market analysis for selling a condo at WaterGarden, contact me today at 954-850-2397.

Recent statistics for Property Values for Fort Lauderdale Homes and Condos.

Search Fort Lauderdale MLS for available home and condo listings for sale including Fort Lauderdale short sales and Fort Lauderdale REO Bank Foreclosures.

WaterGarden Condo Listing & Sales activity - February 2009

Return to Fort Lauderdale Real Estate home page

Source: Fort Lauderdale MLS.  Information believed accurate but not warranted.  Days on Market  could vary if property was previously listed.

May 7, 2009

Symphony Condo | Listing & Sales Activity - January thru March 2009

First quarter figures for Listing & Sales activity at Symphony Condo in downtown Fort Lauderdale, located at 600 & 610 W Las Olas Blvd report a total of 10 New Listings; 3 listed as short sales and none were listed as REO Bank Foreclosures.  The percentage of condos for sale at Symphony is just 10%.

Symphony Condo Listing Activity Jan - Feb 2009

Peding Sales at Symphony January - March 2009

There were no pending sales in January or February and 3 pending sales for March.

  • 1216-N, 2 bed/2 baths List Price $290,000
  • 301-S, 2 bed/ 2 baths, List Price $269,000
  • 1815-N, 2 bed/ 2 bath, List Price $231,900

Recent Sales at Symphony January - March 2009

There were 5 Closed Sales between January and March:

  • 1708-S, 2 bed/2.5 bath, List Price $499,900 - Sales Price $485,000 (97%) Short Sale
  • 2102-S, 2 bed/ 2 bath, List Price $349,900 -Sales Price $333,000 (95%) (Foreclosure)
  • 903-S, 2 bed/ 2 bath, List Price $379,000 - Sales Price $350,000 92%)
  • 905-S, 2 bed/ 2 bath, List Price $350,000 - Sales Price $260,000 (74%) Short Sale
  • 721-N, 2 bed/ 2bath, List Price $289,000 - Sales Price $240,000 (83%)

Average Days on Market 134.

Symphony Condo Pending & Sales Activity for January - March 2009

For more information about buying condos for sale at Symphony or for a market analysis for selling a condo at Symphony, contact me today at 954-850-2397.

Recent Statistics for property values for Fort Lauderdale homes and condos for sale

View Fort Lauderdale MLS - available property listings for sale.

Return to Fort Lauderdale Real Estate - Home Page

April 29, 2009

Victoria Park Homes For Sale | February 2009 Listing & Recent Sales

February Listing & Sales Activity for Victoria Park - Fort Lauderdale

There were 8 New Listings added to the market in February bringing inventory to 53 homes for sale or 2%.

11 homes for sale as short sales and no foreclosures.

Victoria Park Listing & Sales Activity | February 2009

Victoria Park Homes Sold In February 2009

There were 2 Recent Sales in Victoria Park in February

  • 514 NE 13th Ave, 4 bed/ 4 baths, pool home.  Listed Price $990,000.  Sold Price $900,000.  Selling Price per Square Foot - $259.
  • 703 NE 17th Way, 4 bed/ 4 baths, pool home. (Bank owned Foreclosure).            Listed Price $759,900.  Sold Price $750,000.  Selling Price per Square Foot - $265,000.

Average Days on Market - 19.

Victoria Park Pending Sales in February 2009

1 Home went Pending (under contract) in February

  • 1413 NE 4th Court, 2 bed/2 baths, pool home.  Listed Price $550,000.

Victoria Park Recent Sales & Pending Activity - February 2009

For more information about buying or selling a home in Victoria Park, contact me today at 954-850-2397.

Search available Fort Lauderdale MLS property listings including Fort Lauderdale Short Sales and Fort Lauderdale bank owned Foreclosures.

Return to Fort Lauderdale Real Estate - Home Page

Source: Fort Lauderdale MLS.  Information believed accurate but not warranted.  Average Days on Market could vary if property was previously listed.

April 22, 2009

Coral Ridge Homes For Sale | February 2009 Listings & Recent Sales Activity

February Listing & Sales statistics for the Coral Ridge neighborhood report 17 new listings added for a total of 127 homes for sale in Coral Ridge.  This is a 23% reduction in inventory over last month with just 4% of homes listed for sale.

2 Short Sales were added in February while there we no REO bank foreclosures added.

February Listing Graph | Coral Ridge

Coral Ridge Homes Sold in February 2009

There were 7 homes sold in February

  • 3080 NE 45th Street, waterfront-pool. Listed Price $1,795,000.  Sold Price $1,400,000.  Selling Price per sq ft - $381.
  • 2616 NE 17th Street, pool.  Listed Price $1,690,000.  Sold Price $1,325,000. Selling price per sq. ft -  $338.
  • 2800 NE 20th Court, pool. Listed Price $1,300,000.  Sold Price $$1,325,000.  Selling price per sq ft -  $333.
  • 3011 NE 41st Street, waterfront - pool.  Listed Price $1,195,000.  Sold Price $$1,065,000.  Selling price per sq. ft - $454.
  • 1818 Coral Ridge Drive, pool. Listed Price $949,000.  Sold Price $825,000.  Selling price per sq. ft - $199.
  • 2614 NE 15th St, pool. ListedPrice $849,000. Sold Price $$810,000.  Selling price per sq ft - $298.
  • 2510 NE 47th Street, pool.  Listed Price $795,000.  Sold Price $750,000.  Selling price per sq. ft - 305.

Average Days on Market - 113.

Coral Ridge Pending Sales in February 2009

There was 1 home place under contract in February.

  • 2873 NE 24th Street, waterfront-pool.  Listed Price $1Million

Coral Ridge Pending & Closed Sales - February 2009

For more information about buying or selling a home in Coral Ridge, contact me today at 954-850-2397.

Search available Fort Lauderdale MLS Property Listings including Fort Lauderdale Foreclosures and Fort Lauderdale Short Sales

Return to Fort Lauderdale Real Estate Home Page

Source: Fort Lauderdale MLS. Information believed accurate but not warranted.   Average days on market could vary if property was previously listed.

April 17, 2009

Home Sales & Pending Sales Continue Upward | Inventory Falls

March 2009 Home Sales figures in Fort Lauderdale continue in positive territory.

Closed Sales were up for for both single family homes and condos.  Pending Sales were up for single family homes, however, Pending Condo Sales were down slightly in March.  Total Inventory continues to shrink.

Closed Sales for Single Family Homes for sale in Fort Lauderdale in March were up 30% from last month and up 19% from same time last year.

March single family Average Sales Price is up 12% from February 2009, however, down 27% from last year.  A huge improvement from February 2009 versus February 2008 Average sales price which was down 42%.  Again, mainly due to the number of bank owned foreclosures and short sales.

Single family Median Sales Price was up 3% in March over last month, down 27% from same time last year.

Pending Sales for single family homes were up 3% over last month and up 86% over same period last year!

Inventory for single family homes was down 5% in March over February and down 27% from last year.

Closed Sales for Fort Lauderdale Condos were up 20% in March over February and up 5% from March 2008.

Average Sales Price for condos was down 4% from last month and down 29% from same time last year.

Median Sales Price was up 2% over last month and down 37% from March 2008.

Pending Condo Sales were down 4% over February, however, up 61% from February 2008!

Inventory for Condos is down 2% from last month and down 19% from last year.

It is still too early to tell for sure if we’ve reached bottom, however, it certainly looks like we have.  We need to continue to monitor the next few months.

If you are interested in condos for sale in Fort Lauderdale or buying a home in Fort Lauderdale, it may be time to consider stepping up to the plate.  Low interest rates, low prices and tax incentives may make it the right decision for you.

Contact me at 954-850-2397 if you are considering a home purchase or if you are interested in selling your home.

You can search Fort Lauderdale MLS available property listings including Fort Lauderdale Foreclosures and Fort Lauderdale Short Sales.

February Home Sales Up, Pending Sales Up and Inventory Down

Return to Fort Lauderdale Real Estate Home Page

March 30, 2009

WaterGarden Condo | 347 N New River Drive - Listing & Sales Activity - February 2009

WaterGarden Condo Listing & Sales activity report 6 new listings in February bringing the total number of condos for sale at WaterGarden to 28 out of 315 (8%).  None of the new listings were short sales or REO foreclosures.

WaterGarden Condo Listing Activity - February 2009

Pending Sales at 347 N New River Drive - WaterGarden

1 condo, unit 1108 (skyview) at WaterGarden was placed under contract in February.  The Listed Price for this condo - $349,000.

Closed Sales at WaterGarden Condo, Fort Lauderdale

2 sales at WaterGarden in February:

Unit 1410 (Moonglow) - Listed Price: $499,000 - Sold Price: $478,000. (95%)

Unit 3011 (Stardust) - Listed Price: $485,000 - Sold Price: $460,000 (95%)

Pending & Closed Sales for WaterGarden Condo - February 2009

For more information about buying condos for sale at WaterGarden or for a market analaysis for selling a condo at WaterGarden, contact me today at 954-850-2397.

Recent Statistics for property values for Fort Lauderdale homes and condos

Search Fort Lauderdale MLS listings for homes and condos for sale including Fort Lauderdale Foreclosures and Fort Lauderdale Short Sales.

WaterGarden Condo Listing & Sales Activity - January 2009

Return to Fort Lauderdale Real Estate - Home Page

March 29, 2009

Las Olas River House | 333 Las Olas Way - Listing & Sales Activity - February 2009

Las Olas River House Condo Listing & Sales activity reports 11 new listings for February 2009 for a total of 56 condos listed for sale (20%).

3 of the new listings were short sales and there were no REO bank foreclosures.

Las Olas River House Inventory | February 2009

Pending Sales for 333 Las Olas Way, Fort Lauderdale:

There were no sales placed under contract in February.

Closed Sales at 333 Las Olas Way, Fort Lauderdale:

There were 2 recent solds at Las Olas River House in February.

Unit 904 (Columbus) was listed at $535,000 and sold at $550,000.

Unit 2710 (Park) was listed at $1,033.900 and sold for $1 Million.

Pending & Closed Sales at Las Olas River House | February 2009

For more information about buying or selling a Las Olas River House Condo for sale, contact me today at 954-850-2397.

 Las Olas River House Listing & Sales Activity for January 2009

Recent statistics on property values for Fort Lauderdale homes and condos for sale

Search Fort Lauderdale MLS listings for homes and condos for sale including Fort Lauderdale Short Sales and Fort Lauderdale Foreclosures.

Return to Fort Lauderdale Real Estate home page

February 9, 2009

WaterGarden | 347 N New River Drive - Listing & Sales Activity - January 2009

Listing & Sales Activity for WaterGarden condo in Downtown Fort Lauderdale shows 1 new listing in January while 28 total condos were for sale (out of 315 total condos in building); indicating 9% of WaterGarden condos available for sale.

WaterGarden | 347 N New River Drive - Listing & Sales Activity Jan 2009

Pending Sales for 347 N New River Drive - WaterGarden:

2 condos at WaterGarden, 1410 and 803, both Moonglow units went under contract in January.   1410 was listed at $499,000 and is expected to close February 20th.  803 was listed at $464,000 and is expected to close March 13th.

Closed Sales for 347 N New River Drive - WaterGarden

There were no Closed Sales in January.

WaterGarden Condo - 347 N New River Drive - Pending & Closed Sales 2009

WaterGarden Condo | Fort Lauderdale Condos For SaleFor more information about buying a condo for sale at WaterGarden or obtaining a market analyis for selling your WaterGarden condo, contact me today at 954-850-2397.

Recent statistics on property values for Fort Lauderdale Homes & Condos for sale.

Return to Fort Lauderdale Real Estate home page

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