Las Olas Fort Lauderdale Homes - January 2014 Market Update

Posted by John Sabia on Monday, February 10th, 2014 at 5:28pm.

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

photo of waterfront canal in Las Olas, Fort Lauderdale, FlLas 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:

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.

John Sabia

3 Responses to "Las Olas Fort Lauderdale Homes - January 2014 Market Update"

Rio Vista Fort Lauderdale Homes | January 2014 Market Report wrote: [...]Sabia

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Posted on Monday, February 17th, 2014 at 3:10pm.

Victoria Park Homes For Sale - January 2014 Market Update wrote: [...]
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Posted on Thursday, March 20th, 2014 at 9:55am.

Harbor Beach Fort Lauderdale Home Sales - January 2014 wrote: [...]

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Posted on Friday, April 4th, 2014 at 3:11pm.

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