September 2019

Found 5 blog entries for September 2019.

Forest Ridge | Davie Florida

We just closed on this 4 bedroom 2 bath home in the Forest Ridge neighborhood in Davie, Florida. Forest Ridge is a planned development of more than 1,200 homes ranging from dry lot with or without a pool, lakefront homes and homes overlooking the Pine Island Ridge, which is a 100+ acre Wildlife natural habitat.

Forest Ridge is ideally located off Pine Island Road and is close to all major highways. No matter which way you commute, it's only a few minutes from the community.

This home was originally listed for sale at $485,000 and went under contract almost immediately. However, the contract fell thru and a 2nd contract fell thru as well. It went under contract a 3rd time, and finally the house closed at

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Lauderdale By The Sea Real Estate Market Update

Single Family Market Update: July's numbers show there were 6 closed Sales for single family homes for sale in Lauderdale By The Sea. The median sales price was $525,000 and the average sales price was $797,333. Sales volume totaled $4,784,000 for the monthy of July. The percentage of sales price as compared to original list price was 85.7%. The median time to contract was 118 days.

Pending Sales for single-family homes in July totaled 6. During the month, there were 6 new listings added to the total inventory of 22 homes for sale, with 4.5 months of inventory which indicates it's still a seller's market.

Condo-townhouse Market: During the month of July, there were 17 closed sales for townhouses and

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Oakland Park Real Estate Market update

Single Family Market Update: During the month of July, there were 29 closed sales for single family homes for sale in Oakland Park. The median sales price was $300,000 while the average sales price came in at $338,807. The total dollar sales volume for the month of Juy was $9,825,400. The percentage of sales price as compared to the original list price was 92.6%. The median time to contract (the middle number of days from listing to contract las month was 71.

Pending Sales for single-family homes in July totaled 21. Last month there were 30 new listings added to the total inventory of 94 homes for sale. Months of inventory came in at 3.4 - which is a real estate market tilted towards sellers (six months is

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Fort Lauderdale Real Estate Market Update

Single Family Market Update: For the month of July, there were 143 cosed sales for single-family homes in Fort Lauderdale. The median sales Price was $397,000 while the average sales price was $769,364. Total dollar Sales volume for the month of July was $110,018,985. The percentage of sales price as compared to the original list price was 91.9%. The median time to contract (middle number of days from listing to contract) In July was 97 days. 

Pending sales during the month totaled 131. During the same time, there were 174 new home listings with a total single family inventory of 679. Months of inventory was at 5.7 months (six months is considered a balanced market).

Condo-Townhouse Market Update: In July

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