Las Olas Homes - January 2014 Sales
At the end of January, there were ten Las Olas Homes Sold versus 5 home sales last January 2013. The Average Sales Price in January for a home was $2,084,400 vs $1,898,000 same period last year. The Median Price for a Las Olas Home last month was $1,464,500 as compared to $2,039,000 last January 2013.
|Las Olas||January 2014||January 2013||2014 Year YTD||2013 All Year|
|Total Homes Sold||10||5||13||101|
|Median Sales Price||$1,464,500||$2,039,000||$1,529,000||$1,290,000|
|Average Sales Price||$2,084,400||$1,898,000||$2,122,769||$1,965,250|
|Sales / List Price %||92||91||92||88|
|Sales / Orig List %||85||87||85||82|
|Day on Market||98||202||98||158|
Las Olas Homes Sold - January 2014
Las Olas Fort Lauderdale is an upscale mostly waterfront community offering estate homes, condos and townhouses, many with private dockage. Commonly referred to as the "Venice of America", Las Olas Isles are comprised of finger canals off the main boulevard. Las Olas is ideally located offering quick boat access to the Atlantic Ocean and a short distance to boutique shops, fine galleries and high end restaurants on famed Las Olas Blvd.
Top 5 Las Olas Home Sales in January 2014:
- 435 Royal Plaza Drive, Fort Lauderdale - Sales Price: $3,914,000 (public record)
- 139 Royal Palm Drive, Fort Lauderdale - Sales Price: $3,400,000 (public record)
- 331 Seven Isles Drive, Fort Lauderdale - Sales Price: $2,700,000 (public record)
- 1110 SE 4th Street, Fort Lauderdale - Sales Price: $2,500,000 (public record) - Himmarshee Park
- 2422 Del Mar Place, Fort Lauderdale - Sales Price: $1,950,000 (public record)
Las Olas Homes For Sale
Presently, there are 89 Las Olas Homes For Sale in MLS. Based on Closed Sales, there are 9 months of inventory. A balanced real estate market is 6 to 8 months supply of available homes for sale. Less inventory favors sellers and more supply favors buyers.
For more information about buying or selling Las Olas Fort Lauderdale Real Estate, call me today at 954.850.2397. You can also visit our website to view Fort Lauderdale Homes and Fort Lauderdale Condos for sale.