View from one of the Luxury Fountainhead condos for sale Fort Lauderdale

Fountainhead Condos

Fountainhead Condos
Fort Lauderdale

Welcome to our December 2016 / January 2017 post on Fountainhead condos for sale here in Fort Lauderdale Florida.

Fountainhead is a luxury direct oceanfront condominium on the beachfront here at the end of the famous Galt Ocean Mile

 

Search All Fountainhead Condos for Sale

 

There are currently 6 x Luxury Fort Lauderdale condos for sale in Fountainhead on Galt Ocean Mile – 1 of which is a new listing.

There have been 6 closed sales over the last 12 months! 

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Fountainhead – Important information for both buyers and sellers!

Key Statistics for Buyers / Sellers

  • Prices from $549,000 – $2,275,000
  • Median List Price $572,450
     – for a 2 bedroom 2 bathroom unit

Median Sales Prices

  • Sales Price last 6 Months $557,500
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $283.00
  • Sales Price to List Price 95%
  • Days on Market 122 Days

Fountainhead Condos for Sale
Market Report

The following market report is for the 6 x Luxury Fort Lauderdale condos for sale here in Fountainhead at the end of Galt Ocean Mile.

 $$ Beds/Baths SF/FF List Price
High 4 / 4 4,000 $2,275,000
Low 2 / 2 1,860 $549,000
Avg 2 / 2 2,450 $868,150
Med 2 / 2 1,970 $572,450

We can see from the market report that the median price for a luxury condo is $569,000 – this being for a 2 bedroom 2 bathroom unit of 1970 square feet – this being for a 2 bedroom 2 bathroom 1970 square feet.

It is also important to note that the median list price to square foot price for condos for sale here in Fountainhead at $296.00!

View of Fountainhead condominium Fort Lauderdale
View of Fountainhead condominium Fort Lauderdale

Fountainhead Condos for Sale
Prices by Bedroom

Here is our market summary report showing median prices for Fountainhead condos for sale by bedroom.

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,940 $555,000 $296
4 / 4 4,000 $2,275,000 $568

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

  • 2 bedroom condos for sale is $555,000 – this being for a 2 bedroom 2 bathroom 1940 square foot unit with a list price to square foot price of $296.00. 
  • 4 bedroom condos for sale is $2,275,000 – this being for a 4 bedroom 4 bathroom 4000 square foot unit with a list price to square foot price of $568.00. 

Kevin Wirth Fort Lauderdale Realtor

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

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Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

 

View from a luxury Fort Lauderdale oceanfront condo just listed for sale in Fountainhead
View from a luxury Fort Lauderdale oceanfront condo just listed for sale in Fountainhead

Fountainhead Condos
New Listings

There have been 1 new listing of a luxury Fountainhead condos for sale here in Fort Lauderdale over the last 30 days.

Our market analysis report for this new listing is presented below.

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 2,000 $550,000 $294


We can see from this report that a 
2 bedroom luxury Fountainhead condo has just been listed for sale for $550,000this 2 bedroom 2 bathroom 2000 square foot unit has a list price to square foot price of $294.00

You will love the stunning ocean views from this  Galt Ocean Mile condo in the prestigious Fountainhead.

The unit has undergone recent renovations that include; an updated kitchen and appliances, new flooring, new electrical, new washer and dryer, new impact windows and 2 air conditioner units – all updated within the last 3 years.

This is the largest two bedroom model with ample storage!

 

View from a Galt Ocean Mile direct oceanfront condo recently sold here in Fountainhead Fort Lauderdale
View from a Galt Ocean Mile direct oceanfront condo recently sold here in Fountainhead

Fountainhead Condos
Pending Sales

There are currently no units pending sale here in Fountainhead

Fountainhead Condo Sales
Last 6 Months

There has been no sales of Fort Lauderdale condos here in Fountainhead over the last 6 Months

 

Fountainhead Condo Sales
Last 12 Months

There has been 6 sales of Luxury Fort Lauderdale condos here in Fountainhead over the last 12 Months

The market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 4 / 4 3,970 $1,100,000
Low 2 / 2 1,800 $414,950
Avg 2 / 2 2,266 $624,992
Med 2 / 2 1,890 $557,500


We can see from this report that the median sales price for a luxury Fort Lauderdale condo for sale here in Fountainhead over the last 12 months has been $557,500 –
this being for a 2 bedroom 2 bathroom condo of 1890 square feet.

Fountainhead Condo Sales
Prices by Bedroom

Here are the median sales prices for condos sold here in Fountainhead over the last 12 months by bedroom.

Beds/Baths SF/FF Sale Price SP$/SqFt
2 / 2 1,840 $530,000 $291
3 / 3 2,210 $575,000 $260
4 / 4 3,970 $1,100,000 $277

We can from this report that:

  • the median sales price for a 2 bedroom Fountainhead Condo has been $530,000 – this being for a 2 bedroom 2 bathroom 1840 square foot unit with a sales price to square foot price of $291.00
  • the median sales price for a 3 bedroom Fountainhead Condo has been $575,000 – this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $260.00
  • the median sales price for a 4 bedroom Fountainhead Condo has been $1,100,000 – this being for a 4 bedroom 4 bathroom 3970 square foot unit with a sales price to square foot price of $277.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Fort Lauderdale Condos sold in Fountainhead over the last 12 months.

 $$ SP$/SqFt
Avg $279
Med $283

We can see from this report that the average price paid per square foot for a unit here in Fountainhead has been $279.00 per square foot

More important however is the median sales price to square foot price at $283.00 per square foot!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale Condos for sale here in Fountainhead – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

 $$ SP$/LP$
Avg 94%
Med 95%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Fountainhead has been 95% 

This means if a Fort Lauderdale condo for sale here in Fountainhead is listed at $550,000 – then based on median sales data the condo could be expected to sell for 95% of that amount or $522,500 – based on median MLS data!

Days on Market

Days on market for Condos for Sale in Fountainhead is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 12 months.

 $$ Days on Market
Avg 136
Med 122

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Fountainhead is 136 days

More importantly is the median days on market at 122 days – or just over 4 months!

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fountainhead is a great direct oceanfront complex here on Galt Ocean Mile in Fort Lauderdale.

Currently we have an excellent range of oceanfront condos for sale – especially luxury 2 bedroom 2 bathroom units!

Sales have been very slow over the last 6 months – but I am optimistic that things will pick up now that we are entering into our season and the New Year!

I hope you have enjoyed my Post on Fountainhead Condos Fort Lauderdale for Sale

Kevin Wirth Fort Lauderdale Realtor