Broward County’s December condominium product sales trended substantially like neighboring Palm Seashore and Miami-Dade counties: downward.
Broward’s December rental profits totaled $256 million, lower than $286 million in November. Brokers closed 738 income past thirty day period, down from 829 profits in November and 851 in Oct, A number of Listing Company facts from Redfin clearly show.
December sale price ranges ranged from $47,509 to $7 million, with a median sale price of $240,000. The price per sq. foot ranged from $74 to $1,723, with a median of $236 for each sq. foot.
In November, profits shut with a median cost of $245,000, and $235 for every square foot — $1 lessen than December.
Also, Miami-Dade and Palm Seashore Counties both noticed drops in condo profits action in the course of December. Miami-Dade County’s sales fell to $457 million from $504 million, and Palm Seashore County’s revenue fell to $273 million from $299 million.
Final thirty day period, a $7.2 million closing at Las Olas River Home topped Broward’s charts. 333 Las Olas Way, penthouse 3210, in Fort Lauderdale, marketed for $1,042 for each sq. foot right after 182 days on the industry. Karson Dietrich with Premier Estate Homes had the listing, and Michael Sanson with One Sotheby’s Global Realty represented the customer.
The sale cost was a lot more than November’s priciest sale. Four Seasons Residences Fort Lauderdale device 1903 led the way, closing at $4.6 million.
Bringing up the rear, December’s cheapest sale was a Dawn Lakes device at 2700 West Sunrise Lakes Push in Sunrise. Unit 105 traded for $47,509 — or $74 for each sq. foot — just after 42 days on the sector. Andrea Pinto with Worthy of Clark Realty taken care of both equally sides of the offer.
Here’s a breakdown of December’s notable condo gross sales:
Most High-priced
Las Olas River Dwelling, 333 Las Olas Way, device PH3210, in Fort Lauderdale | Rate $7,200,000 | $1,042 psf | 12 months constructed: 2004 | Listing agent: Karson Dietrich with Premier Estate Homes | Buyer’s agent: Michael Sanson with A person Sotheby’s Worldwide Realty
The very least High priced
Dawn Lakes, 2700 West Dawn Lakes Generate, device 105, in Dawn | Rate $47,509 | $74 psf | Calendar year constructed: 1972 | Listing agent: Andrea Pinto with Well worth Clark Realty | Buyer’s agent: Andrea Pinto with Worthy of Clark Realty
Best Value For every Square Foot
Four Seasons Residences Fort Lauderdale, 525 North Fort Lauderdale Beach front Boulevard, device 1608, in Fort Lauderdale | Value $3,200,000 | $1,723 psf | Yr built: 2019 | Listing agent: Daniel Teixeira with Douglas Elliman | Buyer’s agent: Daniel Teixeira with Douglas Elliman
Lowest Price tag For every Square Foot
Dawn Lakes, 2700 West Dawn Lakes Generate, device 105, in Sunrise | Value $47,509 | $74 psf | Year created: 1972 | Listing agent: Andrea Pinto with Well worth Clark Realty | Buyer’s agent: Andrea Pinto with Truly worth Clark Realty
Most recent
Solemar Beach front, 1116 North Ocean Boulevard, device 1204, in Pompano Beach front | Rate $2,595,000 | $1,133 psf | 12 months built: 2023 | Listing agent: Tara Hoyer with Sabbia Seashore Realty | Buyer’s agent: Paige O’Mahoney with Balistreri Serious Estate
Oldest
Virginia Kaye East, 1187 Hillsboro Mile, unit 4E, in Hillsboro Beach | Price $850,000 | $567 psf | Calendar year created: 1950 | Listing agent: Gina Harwood with Keyes | Buyer’s agent: Gina Harwood with Keyes
