Tagged : sales

Found 5 blog entries tagged as "sales".

January Market Update For Harbor Beach, Fort Lauderdale

Total Sales for Harbor Beach Homes For Sale in January were 4 sales, 1 more sale than back in January 2013. The Median Sales Price for a Harbor Beach home in January was $1,863,000, up significantly as compared to $1,250,000 same period last year. Homes on average lasted 408 days on the market before selling (this can be skewed because some luxury homes often stay on the market longer).

Harbor Beach January 2014   January 2013   2014 Year YTD   2013 All Year  
Total Homes Sold    4  3  8 43 
Median Sales Price $1,863,000  $1,250,000  $2,200,000  $1,200,000 
Average Sales Price $1,863,000  $2,000,000  $3,178,000  $1,987,000 
Sales / List Price %
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Waterfront Homes In Fort Lauderdale - January 2014

January sales for waterfront homes for sale in Fort Lauderdale totaled 34 sales as compared to 25 sales same time last year. The Median Sales Price for a waterfront home in Fort Lauderdale in January was $1,100,000 up 154% from January 2013.  Properties lasted on average 127 days on the market before selling.  

Waterfront Homes    January 2014   January 2013   2014 Year YTD   2013 All Year  
Total Homes Sold   34   25  83 376 
Median Sales Price $1,270,000  $715,000  $1,100,000  $943 
Average Sales Price $1,388,000  $896,000  $1,468,000  $1,338,000 
Sales / List Price % 92  90  90  90 
Sales / Orig List % 85  86  88  87 
Day
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photo of condos in Fort Lauderdale, FloridaThe Condo & Townhome market for Fort Lauderdale Beach, Southeast and Northeast neighborhoods show October being a Neutral Market (3-6 months of inventory).  977 properties were available for sale, up 3.9% from last month and down 4.2% compared to October 2012.  Closed Condo/Townhome Sales totaled 164 units sold, up 3.8% from last month and down 1.2% from same period last year. 201 condos/townhomes went Under Contract, up 8.6% from September and up 11% compared to October 2012.

In October, the Average Median Sales Price was $226,000, down 12.7% from last month and up 16.5% from same time last year.  The Average Price For Sale was $539,000 up 1.3% from September and down 0.6% from last year.  Average Sales Price for a condo/townhouse was $308,000, down

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photo of view from terrace of Ritz CarltonThe Fort Lauderdale Luxury Condo market reveals as of September 2013 it is technically a buyer's market due to the months of inventory based on the summer's closed sales numbers; however, going into the winter months "the season", I believe the inventory will gradually decrease as the snowbirds to the north welcoming in the cold weather begin to flock south may find seller's here holding firm on their asking prices.

Total availble inventory of luxury condos for sale (priced at 1Million+) has been on a steady decline from the start of 2013.  From July thru September 2013, inventory averaged 93 condos for sale per month representing an 8.8% decrease from 3rd Quarter 2012. Pending Sales have trended up all year and averaged 8 per month in 3rd Quarter 2013

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Listing & Sales Activity - Fort Lauderdale Real Estate


photo of Intracoastal Waterway in Fort Lauderdale, FloridaThe overall Fort Lauderdale Real Estate Market Update: January - June 2013 Listing & Sales Activity for homes, condos and townhouses in the residential neighborhoods of Fort Lauderdale Beach, Fort Lauderdale Northeast and Southeast Fort Lauderdale indicate the local real estate market here has rebounded and continues to remain strong and very stable.  

Available Inventory for all property types has decreased by 10.6% from 1,596 properties for sale in January to 1,427 in June.  Closed Sales for all property types were up 7.9% and Pending Sales down 5.1%.

Average Price Per Square Foot trended upward, up 17.6% averaging $275 per foot.  The Average Listed Price was up 2% at $1,060,000 while the

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