View of Fort Lauderdale Condos

Condos for Sale

Fort Lauderdale
Condos for Sale

Welcome to my October 2018 / November 2018 report of Fort Lauderdale condos for sale.  Fort Lauderdale condos for sale offer a wide range of choices, from units under $200,000 to luxury condos priced $10 Million or more – there is literally something for everyone.

Search Fort Lauderdale Condos for Sale

Key Statistics for Buyers / Sellers

      • Prices from $59,500 – $11 Million
      • Median List Price $429,450 – down from our last post!
        – for a 2 bedroom 2 bathroom unit

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
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Kevin Wirth P.A. – Realtor
954-459-0337

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Fort Lauderdale Condos
Prices by Bedroom

Here is our guide to Fort Lauderdale condos for sale based on median prices by bedroom

BEDS / BATHS LA LP$ LP$/SqFt
0 / 1 532 $259,000 $488.00
1 / 1 804 $250,000 $323.00
2 / 2 1298 $399,900 $316.00
3 / 2 2278 $823,620 $389.00

We can see from this report that the median price for:

      • Studio units for sale is $259,000 – this being for a 1 bathroom studio unit of 532 square feet with a list price to square foot price of $488.00 – In our last post the median price for Studio units for sale was lower at $239,500 – this being for a 1 bathroom studio unit of 533 square feet with a list price to square foot price of $486.00
      • 1 Bedroom  units for sale is $250,000 – this being for a 1 bedroom 1 bathroom unit of 804 square feet with a list price to square foot price of $323.00 – In our last post the median price for 1 Bedroom units for sale was $259,000 – this being for a 1 bedroom 1 bathroom unit of 805 square feet with a list price to square foot price of $332.00
      • 2 Bedroom  units for sale is $399,900 – this being for a 2 bedroom 2 bathroom unit of 1298 square feet with a list price to square foot price of $316.00 – In our last post the median for 2 Bedroom units for sale was higher at $420,000 – this being for a 2 bedroom 2 bathroom unit of 1298 square feet with a list price to square foot price of $326.00
      • 3 Bedroom  units for sale is $823,620  this being for a 3 bedroom 3 bathroom unit of 2278 square feet with a list price to square foot price of $389.00 – In our last post the median for 3 Bedroom units for sale was higher at $857,950 – this being for a 3 bedroom 3 bathroom unit of 2260 square feet with a list price to square foot price of $381.00
View 2 bedroom Fort Lauderdale oceanfront condo for sale
Look at the views from this 2 bedroom Fort Lauderdale oceanfront condo for sale!

Fort Lauderdale
Pricing Analysis

This month there are 1434 Fort Lauderdale condos for sale

The number of condos for sale is well up from 1265 Fort Lauderdale condos for sale in our last post for August 2018 / September 2018

The market analysis report for the 1434 Fort Lauderdale condos currently for sale is presented below

BEDS / BATHS LA LP$
Min 0 / 1 280 $59,500
Max 6 / 7 8329 $11,000,000
Avg 2 / 2 1535 $712,677
Median 2 / 2 1321 $429,450

We can see that the median price for a Fort Lauderdale condo for sale is $429,450 – this being for a 2 bedroom 2 bathroom unit of 1321 square feet – down from our last post!

In our last post the median price for a Fort Lauderdale condo for sale was $449,000 – this being for a 2 bedroom 2 bathroom unit of 1329 square feet

The most expensive condo is listed for sale for $11 Million and the least expensive is offered for sale at just $59,500.

View 2 bedroom Fort Lauderdale waterfront condo for sale
Great views from this 2 bedroom Fort Lauderdale waterfront condo for sale

Fort Lauderdale Condos
Inventory Analaysis

Here is the breakdown of Fort Lauderdale condos for sale by price:

Price Range Quantity
$149,999 or under 84
$150,000 – $199,999 138
$200,000 – $249,999 104
$250,000 – $299,999 128
$300,000 – $349,999 113
$350,000 – $399,999 107
$400,000 – $449,999 78
$450,000 – $499,999 64
$500,000 – $549,999 62
$550,000 – $599,999 66
$600,000 – $699,999 90
$700,000 – $799,999 74
$800,000 – $899,999 49
$900,000 – $999,999 34
$1,000,000 or over 243
Total 1,434

We can see from this report the number of Fort Lauderdale condos for sale in each of the above price ranges.

It is encouraging to note that we have a strong inventory of condos for sale across all price points / price ranges – especially for condos for sale priced under $400,000 with 674 units for sale!

It is important to note that the number of condos for sale priced under $400,000 is well up from our 570 condos for sale as in our last post!

View 2 bedroom Fort Lauderdale condo for sale in downtown Las Olas!
Sweeping views from this 2 bedroom Fort Lauderdale condo for sale in downtown Las Olas!

Fort Lauderdale
Condos by Bedroom

Here is our guide to Fort Lauderdale condos for sale by bedroom – we focus in detail on studio units right through to 3 bedrooms units.

Fort Lauderdale
Studios for Sale

There are currently 30 studio units currently for sale here in Fort Lauderdale – well up from 20 studios for sale as in our last post!

Here is our market analysis report for Fort Lauderdale studios currently for sale.

BEDS / BATHS LA LP$
Min 0 / 1 280 $100,000
Max 0 / 1 650 $749,000
Avg 0 / 1 493 $289,743
Median 0 / 1 532 $259,000

We can see from this report that the:

      • Average price for a Fort Lauderdale studio currently for sale is $289,743 – this being for a unit of 493 square feet with a list price to square foot price of $583.00.  In our last post the average price for a Fort Lauderdale studio for sale was higher at $314,214 – this being for a unit of 516 square feet with a list price to square foot price of $609.00.
      • Median price for a Fort Lauderdale studio currently for sale is $259,000 – this being for a unit of 532 square feet with a list price to square foot price of $488.00.  In our last post the median price for a Fort Lauderdale studio for sale was $239,500 – this being for a unit of 533 square feet with a list price to square foot price of $486.00.

We can also see from this report that the lowest price for a studio for sale is $100,000 and the highest price it $749,000.

It is interesting to note is that the smallest studio for sale is 280 square feet and that the largest studio for sale is 370 square feet larger at 650 square feet.

Fort Lauderdale
1 Bedroom Condos

There are currently 292 x 1 bedroom condos currently for sale here in Fort Lauderdale – this is down slightly from the 296 x 1 bedroom units in our last post.

Here is our market analysis report for Fort Lauderdale 1 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 1 / 1 341 $64,500
Max 1 / 2 1667 $2,295,000
Avg 1 / 1 833 $316,164
Median 1 / 1 804 $250,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 1 bedroom condo currently for sale is $316,164 – this being for a 1 bedroom 1 bathroom condo of 833 square feet with a list price to square foot price of $370.00.  In our last post the average price for a Fort Lauderdale 1 bedroom condo for sale was higher at $323,472 – this being for a 1 bedroom 1 bathroom condo of 838 square feet with a list price to square foot price of $379.00.
      • Median price for a Fort Lauderdale 1 bedroom condo currently for sale is $259,000 – this being for a 1 bedroom 1 bathroom condo of 805 square feet with a list price to square foot price of $332.00.  In our last post the median price for a Fort Lauderdale 1 bedroom condo for sale was $250,000 – this being for a 1 bedroom 1 bathroom condo of 804 square feet with a list price to square foot price of $323.00.

We can also see from this report that the lowest price for a 1 bedroom condo for sale is $64,500 and the highest price is $2,295,000.

Interesting to note is that the smallest 1 bedroom condo for sale is 341 square feet and the largest 1 bedroom condo for sale is a “large” 1667 square feet luxury hotel unit.

Fort Lauderdale
2 Bedroom Condos

There are currently 653 x 2 Bedroom condos currently for sale here in Fort Lauderdale – this is up from 597 x 2 bedroom condos for sale as in our last post!

Here is our market analysis report for Fort Lauderdale 2 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 2 / 1 605 $79,999
Max 2 / 3 3833 $4,250,000
Avg 2 / 2 1366 $545,885
Median 2 / 2 1298 $399,900

We can see from this report that the:

      • Average price for a Fort Lauderdale 2 bedroom condo currently for sale is $545,885 – this being for a 2 bedroom 2 bathroom condo of 1366 square feet with a list price to square foot price of $375.00.  In our last post the average price for a Fort Lauderdale 2 bedroom condo for sale was higher at $561,554 – this being for a 2 bedroom 2 bathroom condo of 1377 square feet with a list price to square foot price of $380.00.
      • Median price for a Fort Lauderdale 2 bedroom condo currently for sale is $399,900 this being for a 2 bedroom 2 bathroom condo of 1298 square feet with a list price to square foot price of $316.00.  In our last 2 posts the median price for a Fort Lauderdale 2 bedroom condo for sale was higher at $420,000 – this being for a 2 bedroom 2 bathroom condo of 1298 square feet with a list price to square foot price of $326.00.

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $79,999 and the highest price is $4.25 Million!

Interesting to note is that the smallest 2 bedroom condo for sale is just 605 square feet and the largest 2 bedroom condo for sale is an impressive 3833 square feet condo!

Fort Lauderdale
3 Bedroom Condos

There are currently 318 x 3 Bedroom condos currently for sale here in Fort Lauderdale – up a little from the 300 x 3 bedroom condos for sale in our last post!

Here is our market analysis report for Fort Lauderdale 3 bedroom condos currently for sale.

BEDS / BATHS LA LP$
Min 3 / 1 1000 $150,000
Max 3 / 5 5973 $11,000,000
Avg 3 / 3 2358 $1,197,046
Median 3 / 3 2278 $823,620

We can see from this report that the:

      • Average price for a Fort Lauderdale 3 bedroom condo currently for sale is $1,197,046 – this being for a 3 bedroom 3 bathroom luxury condo of 2358 square feet with a list price to square foot price of $465.00.  In our last post the average price for a Fort Lauderdale 3 bedroom condo currently for sale was lower at $1,181,846 – this being for a 3 bedroom 3 bathroom luxury condo of 2369 square feet with a list price to square foot price of $465.00.
      • Median price for a Fort Lauderdale 3 bedroom condo currently for sale is $823,620 – this being for a 3 bedroom 3 bathroom luxury condo of 2278 square feet with a list price to square foot price of $389.00.  In our last post the median price for a Fort Lauderdale 3 bedroom condo for sale was higher at $857,950 – this being for a 3 bedroom 3 bathroom luxury condo of 2260 square feet with a list price to square foot price of $381.00.

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $150,000 and the highest price is $11 Million!

Interesting to note is that the smallest 3 bedroom condo for sale is just 1000 square feet and the largest 3 bedroom luxury condo for sale is also a “spacious” 5973 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

We currently have an excellent selection of Fort Lauderdale condos for sale – from units for sale down-town and in Las Olas, to waterfront and oceanfront units and of course those condos set right on our famous Galt Ocean Mile.

Median prices for Fort Lauderdale condos for sale have softened this month – in my mind this is a reflection of increasing inventory levels, increasing interest rates and “seasonality”

I hope you have enjoyed my post on Fort Lauderdale condos for Sale 

Kevin Wirth Realtor – 954-459-0337

This statistical report on comparable Fort Lauderdale condos includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. 

This report is based on information which is the © 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.