Fort Lauderdale Condos - January 2014
Sales in January Beach area and Downtown Fort Lauderdale Condos for Sale including townhouses totaled 172 properties sold down from 188 condo sales same time one year ago. The Median Price for a condo in January was up 111% to $243,000 from $218,000 in January 2013. A property lasted on average 87 Days On the Market before selling in January as compared to 114 days same time last year.
|Fort Lauderdale Condos||January 2014||January 2013||2014 Year YTD||2013 All Year|
|Total Homes Sold||172||188||503||2,332|
|Median Sales Price||$243,000||$218,000||$240,000||$245,000|
|Average Sales Price||$325,000||$328,000||$350,000||$340,000|
|Sales / List Price %||89||93||94||94|
|Sales / Orig List %||89||88||92||91|
|Day on Market||87||114||91||97|
Fort Lauderdale Condo Sales - January 2014
Top 5 Beach and Downtown Fort Lauderdale Condominum / Townhouse Sales:
- Las Olas River House #4106 - $1,750,000*
- Europa by the Sea #1104 (Lauderdale by the Sea) - $1,700,000*
- Las Olas Grand #3306 - $1,450,000*
- Las Olas Grand #2806 - $1,425,000*
- Las Olas Grand #706 - $1,250,000*
Fort Lauderdale Condos For Sale
Currently there are 1,292 condominiums and townhouses for sale in Fort Lauderdale. Based on Closed Sales, Supply of Available inventory is at 7.5 months. A balanced real estate market is 6-8 months of properties for sale. Fewer properties for sale favor sellers and more properties favor buyers.
For more information about buying or selling Fort Lauderdale Condos, call me today at 954.850.2397. Be sure to visit our website for all Fort Lauderdale Real Estate for sale.