Monthly Archives: September 2016

Fort Lauderdale Condos

Condos for Sale

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 $52,500 – $14 Million
      • Median List Price $399,900
        – for a 2 bedroom 2 bathroom unit

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Fort Lauderdale Condos
Prices by Bedroom

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

Beds/Baths SF/FF List Price LP$/SqFt
0 / 1 557 $254,450 $489
1 / 1 825 $215,000 $261
2 / 2 1,360 $395,000 $308
3 / 3 2,718 $775,000 $340

 

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

      • Studio units for sale is $254,450 – this being for a 1 bathroom studio unit of 557 square feet with a list price to square foot price of $489.00 – In our last post the median price for Studio units for sale was lower at $242,450 – this being for a 1 bathroom studio unit of 510 square feet with a list price to square foot price of $501.00
      • 1 Bedroom  units for sale is $215,000 – this being for a 1 bedroom 1 bathroom unit of 825 square feet with a list price to square foot price of $261.00 – In our last post the median price for 1 Bedroom units for sale was $10,000 higher at $225,000 – this being for a 1 bedroom 1 bathroom unit of 852 square feet with a list price to square foot price of $270.00
      • 2 Bedroom  units for sale is $395,000 – this being for a 2 bedroom 2 bathroom unit of 1360 square feet with a list price to square foot price of $308.00 – In our last post the median for 2 Bedroom units for sale was $10,000 lower at $385,000 – this being for a 2 bedroom 2 bathroom unit of 1364 square feet with a list price to square foot price of $297.00
      • 3 Bedroom  units for sale is $775,000 – this being for a 3 bedroom 3 bathroom unit of 2717 square feet with a list price to square foot price of $333.00 – In our last post the median for 3 Bedroom units for sale was over $30,000 lower at $744,950 – this being for a 3 bedroom 3 bathroom unit of 2718 square feet with a list price to square foot price of $340.00
View Fort Lauderdale waterfront condos for sale
View Fort Lauderdale waterfront condos for sale on our Intracoastal

Fort Lauderdale
Pricing Analysis

This month there are 1415 Fort Lauderdale condos for sale

Note that this is down slightly from the 1448 condos for sale as in our last post on Fort Lauderdale condos for sale for July / August 2016.

The market analysis report for these units is presented below

 $$ Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Low 0 / 1 310 $52,500
Avg 2 / 2 1,839 $666,232
Med 2 / 2 1,435 $399,900


We can see that the median price for a Fort Lauderdale condo for sale is $399,900 – this being for a 2 bedroom 2 bathroom unit of 1435 square feet.

In our last post the median price for a Fort Lauderdale condo for sale was $399,000 – this being for a 2 bedroom 2 bathroom unit of 1354 square feet.

The median is much the same as in our last 2 posts – indicating that the Fort Lauderdale condo market is stable!

The most expensive condo is listed for sale for just under $14 Million and the least expensive is offered for sale at just $52,500.

View of Fort Lauderdale condos for sale - New Construction Units
View of Fort Lauderdale condos for sale – New Construction Units

Fort Lauderdale Condos
Inventory Analaysis

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

Price Range Quantity
$149,999 or under 101
$150,000 – $199,999 125
$200,000 – $249,999 120
$250,000 – $299,999 155
$300,000 – $349,999 107
$350,000 – $399,999 104
$400,000 – $449,999 61
$450,000 – $499,999 82
$500,000 – $549,999 46
$550,000 – $599,999 65
$600,000 – $699,999 87
$700,000 – $799,999 62
$800,000 – $899,999 49
$900,000 – $999,999 31
$1,000,000 or over 219
Total 1,415

 

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 – and especially for condos for sale priced under $400,000 – with 712 units for sale!

View Fort Lauderdale oceanfront condos for sale here on the Beach!
View Fort Lauderdale oceanfront condos for sale here on the Beach!

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 38 studio units currently for sale here in Fort Lauderdale – up slightly from 36 studios for sale in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 0 / 1 665 $580,900
Low 0 / 1 310 $99,000
Avg 0 / 1 525 $248,658
Med 0 / 1 557 $254,450

We can see from this report that the:

      • Average price for a Fort Lauderdale studio currently for sale is $248,658 – this being for a unit of 525 square feet with a list price to square foot price of $489.00.  In our last post the average price for a Fort Lauderdale studio for sale was over $13,000 lower at $234,864 – this being for a unit of 507 square feet with a list price to square foot price of $475.00
      • Median price for a Fort Lauderdale studio currently for sale is $254,450 – this being for a unit of 557 square feet with a list price to square foot price of $489.00.  In our last post the median price for a Fort Lauderdale studio for sale was over $12,000 lower at $242,450 – this being for a unit of 510 square feet with a list price to square foot price of $501.00.

We can also see from this report that the lowest price for a studio for sale is $99,000 and the highest price it $580,900.

Interesting to note is that the smallest studio for sale is just 310 square feet and the largest studio for sale is 665 square feet.

Fort Lauderdale
1 Bedroom Condos

There are currently 278 x 1 bedroom condos currently for sale here in Fort Lauderdale – this is down a little from 286 in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 1 / 2 2,000 $1,391,900
Low 1 / 1 470 $52,500
Avg 1 / 1 865 $252,836
Med 1 / 1 825 $215,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 1 bedroom condo currently for sale is $252,836 – this being for a 1 bedroom 1 bathroom condo of 865 square feet with a list price to square foot price of $294.00.  In our last post the average price for a Fort Lauderdale 1 bedroom condo for sale was a little higher at $259,969 – this being for a 1 bedroom 1 bathroom condo of 903 square feet with a list price to square foot price of $298.00.
      • Median price for a Fort Lauderdale 1 bedroom condo currently for sale is $215,000 – this being for a 1 bedroom 1 bathroom condo of 825 square feet with a list price to square foot price of $261.00.  In our last post the median price for a Fort Lauderdale 1 bedroom condo for sale was $12,000 higher at $227,000 – this being for a 1 bedroom 1 bathroom condo of 852 square feet with a list price to square foot price of $270.00.

We can also see from this report that the lowest price for a 1 bedroom condo for sale is $52,500 and the highest price is $1,391,900.

Interesting to note is that the smallest 1 bedroom condo for sale is 470 square feet and the largest 1 bedroom condo for sale is a “massive” 2000 square feet.

Fort Lauderdale
2 Bedroom Condos

There are currently 679 x 2 Bedroom condos currently for sale here in Fort Lauderdale – this is down from 707 in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 2 / 3 3,580 $3,900,000
Low 2 / 1 670 $82,500
Avg 2 / 2 1,449 $485,635
Med 2 / 2 1,360 $395,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 2 bedroom condo currently for sale is $485,635 – this being for a 2 bedroom 2 bathroom condo of 1449 square feet with a list price to square foot price of $308.00.  In our last post the average price for a Fort Lauderdale 2 bedroom condo for sale was slightly lower at $483,577 – this being for a 2 bedroom 2 bathroom condo of 1457 square feet with a list price to square foot price of $332.00.
      • Median price for a Fort Lauderdale 2 bedroom condo currently for sale is $395,000 – this being for a 2 bedroom 2 bathroom condo of 1360 square feet with a list price to square foot price of $308.00.  In our last post the median price for a Fort Lauderdale 2 bedroom condo for sale was $10,000 lower at $385,000 – this being for a 2 bedroom 2 bathroom condo of 1364 square feet with a list price to square foot price of $297.00. 

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $57,500 and the highest price is $3.9 Million!

Interesting to note is that the smallest 2 bedroom condo for sale is just 650 square feet and the largest 2 bedroom condo for sale is a “HUGE” 1600 square feet condo!

Fort Lauderdale
3 Bedroom Condos

There are currently 358 x 3 Bedroom condos currently for sale here in Fort Lauderdale – down from 385 in our last post!

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

$$  Beds/Baths SF/FF List Price
High 3 / 4 7,809 $5,999,000
Low 3 / 1 1,150 $119,900
Ag 3 / 3 2,847 $1,032,220
Med 3 / 3 2,718 $775,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 3 bedroom condo currently for sale is $1,032,220 – this being for a 3 bedroom 3 bathroom luxury condo of 2847 square feet with a list price to square foot price of $407.00.  In our last post the average price for a Fort Lauderdale 3 bedroom condo currently for sale was lower at $989,982 – this being for a 3 bedroom 3 bathroom luxury condo of 2794 square feet with a list price to square foot price of $394.00.
      • Median price for a Fort Lauderdale 3 bedroom condo currently for sale is $775,000 – this being for a 3 bedroom 3 bathroom luxury condo of 2718 square feet with a list price to square foot price of $340.00.  In our last post the median price for a Fort Lauderdale 3 bedroom condo for sale was over $30,000 lower at $744,500 – this being for a 3 bedroom 3 bathroom luxury condo of 2717 square feet with a list price to square foot price of $333.00.

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $119,900 and the highest price is just under $6 Million.

Interesting to note is that the smallest 3 bedroom condo for sale is just 960 square feet and the largest 3 bedroom luxury condo for sale is also a “spacious” 6200 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Right now there is a great range of Fort Lauderdale condos for sale – including new construction condos for sale.

Over all median prices for Fort Lauderdale condos for sale continue to be ”stable” at $399,000 – however we are seeing movement in median prices by bedroom.

However I personally am noting that many buyers are now looking at older units – units in need of renovation.

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

Kevin Wirth Realtor – 954-459-0337

Oceanfront Condos

Oceanfront Condos

Fort Lauderdale
Oceanfront Condos

We have a great range of Fort Lauderdale oceanfront condos for sale.  Oceanfront Condos are set on or across from our Blue Ribbon Beaches and enjoy warm sunny weather year round.  

Fort Lauderdale offers both oceanfront condos and direct oceanfront condos for sale.  Direct oceanfront condos are units set right on the beach.

Search Oceanfront Condos for Sale

Key Statistics for Buyers / Sellers

      • Prices from $99,000 – $9 Million
      • Median List Price $589,900
        – 2 Bedroom 2 Bathroom Unit
Great views from one of the Fort Lauderdale oceanfront condos currently for sale
Great views from one of the Fort Lauderdale oceanfront condos currently for sale

Oceanfront Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Oceanfront condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
0 / 1 584 $259,250 $512
1 / 1 1,056 $337,000 $336
2 / 2 1,662 $595,000 $375
3 / 2 2,650 $1,499,000 $583

We can see from this report that:

      • The median price for Fort Lauderdale Oceanfront studios for sale is $259,250 – this being for a studio unit of 584 square feet unit with 1 bathroom – and a list price to square foot price of $512.00 – Important to note is that in our last post the median price for Oceanfront studios for sale was over $5,000 higher at $265,000 – this being for a studio unit of 572 square feet unit with 1 bathroom – and a list price to square foot price of $512.00
      • The median price for Fort Lauderdale Oceanfront 1 Bedroom condos for sale is $337,000 – this being for a 1 bedroom 1 bathroom condo unit of 1056 square feet with a list price to square foot price of $336.00 – In our last post the median for Oceanfront 1 Bedroom condos for sale was slightly lower at $335,000 – this being for a 1 bedroom 1 bathroom condo unit of 1020 square feet with a list price to square foot price of $339.00
      • The median price for Fort Lauderdale Oceanfront 2 Bedroom condos for sale is $595,000 – this being for a 2 bedroom 2 bathroom condo unit of 1662 square feet with a list price to square foot price of $375.00 – In our last post the median for  Oceanfront 2 Bedroom condos for sale was the same at $595,000 – this being for a 2 bedroom 2 bathroom condo unit of 1662 square feet with a list price to square foot price of $375.00
      • The median price for Fort Lauderdale Oceanfront 3 Bedroom condos for sale is $1,499,000 – this being for a 3 bedroom 2 bathroom unit of 2609 square feet with a list price to square foot price of $583.00 – In our last post the median for Oceanfront 3 Bedroom condos for sale was a little lower at $1,464,500 – this being for a 3 bedroom 2 bathroom unit of 2609 square feet with a list price to square foot price of $591.00

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Oceanfront Condos
Pricing Analysis

There are currently 1415 Fort Lauderdale condos for sale – of these 321 are Fort Lauderdale oceanfront condos for sale. 

In our last post there were 327 Oceanfront condos for sale and in our prior post there were 377 Oceanfront condos for sale.

Our Market Analysis report for Fort Lauderdale Oceanfront Condos for Sale is presented below:

$$  Beds/Baths SF/FF List Price
High 5 / 5 11,567 $9,000,000
Low 0 / 1 310 $99,000
Avg 2 / 2 1,905 $973,023
Med 2 / 2 1,650 $589,900

 

We can see from this report that:

The average price for an oceanfront condo is $682,298 – this being for a luxury 2 bedroom 2 bathroom unit of 1714 square feet

The median price for an Fort Lauderdale oceanfront condo for sale here $589,900 – this for a 2 bedroom 2 bathroom unit of 1650 square feet!

In our last  post the  median price for an Fort Lauderdale oceanfront condo for sale was $585,000 – this for a 2 bedroom 2 bathroom unit of 1634 square feet!

View of the Fort Lauderdale Beach and some of our oceanfront condominiums
View of the Fort Lauderdale Beach and some of our oceanfront condominiums

Oceanfront Condos
Inventory Analysis

The Inventory Analysis report is one of the most important reports – as it shows us the number of units for sale across different price ranges.

The Price Analysis report for Fort Lauderdale Oceanfront Condos is presented below:

Price Range Quantity
$149,999 or under 2
$150,000 – $199,999 10
$200,000 – $249,999 9
$250,000 – $299,999 33
$300,000 – $349,999 21
$350,000 – $399,999 22
$400,000 – $449,999 8
$450,000 – $499,999 26
$500,000 – $549,999 14
$550,000 – $599,999 27
$600,000 – $699,999 28
$700,000 – $799,999 11
$800,000 – $899,999 16
$900,000 – $999,999 8
$1,000,000 or over 85
Total 321

We can see from this report that the largest number of oceanfront condos for sale are luxury units priced at $1 Million or more – with 85 luxury oceanfront condos for sale.

Important to note however is that there is a good selection  of units across nearly all price points especially from $250,000 upwards! 

Look at the superb views from this 2 bedroom oceanfront condo for sale!
Look at the superb views from this 2 bedroom oceanfront condo for sale!

Oceanfront Condos
by Bedroom

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

Oceanfront
Studios for Sale

There are currently 30 x oceanfront studio units currently for sale here in Fort Lauderdale – this is up from 26 oceanfront studios for sale in our last post and 21 oceanfront studios for sale in our prior post.

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

 $$ Beds/Baths SF/FF List Price
High 0 / 1 665 $580,900
Low 0 / 1 310 $99,000
Avg 0 / 1 528 $253,166
Med 0 / 1 584 $259,250

We can see from this report that the:

      • Average price for a Fort Lauderdale oceanfront studio currently for sale is $253,166– this being for a unit of 528 square feet with a list price to square foot price of $505.00.  In our last post the average price for a Fort Lauderdale oceanfront studio for sale was slightly higher at $255,234 – this being for a unit of 528 square feet with a list price to square foot price of $503.00.
      • Median price for a Fort Lauderdale oceanfront studio currently for sale is $259,250– this being for a unit of 584 square feet with a list price to square foot price of $512.00.  In our last post the median price for a Fort Lauderdale oceanfront studio for sale was over $5,000 higher at $265,000 – this being for a unit of 572 square feet with a list price to square foot price of $512.00.

We can also see from this report that the lowest price for a oceanfront studio for sale is $99,000 and the highest price it $580,900.

Interesting to note is that the smallest oceanfront studio for sale is just 310 square feet and the largest studio for sale is 665 square feet.

Oceanfront
1 Bedroom Condos

There are currently 72 x 1 bedroom oceanfront condos currently for sale here in Fort Lauderdale – this is down from 83 x 1 bedroom oceanfront condos for sale as in our last post which in turn was down from 87 x 1 oceanfront condos for sale in our prior post!

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

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,475 $1,391,900
Low 1 / 1 680 $199,900
Avg 1 / 1 1,031 $405,266
Me 1 / 1 1,056 $337,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $405,266– this being for a 1 bedroom 1 bathroom condo of 1031 square feet with a list price to square foot price of $404.00.  In our last post the average price for a Fort Lauderdale 1 bedroom oceanfront condo for sale was slightly lower at $402,083 – this being for a 1 bedroom 1 bathroom condo of 1019 square feet with a list price to square foot price of $411.00.
      • Median price for a Fort Lauderdale 1 bedroom oceanfront condo currently for sale is $337,000– this being for a 1 bedroom 1 bathroom condo of 1056 square feet with a list price to square foot price of $336.00.  In our last post the median for a Fort Lauderdale 1 bedroom oceanfront condo for sale was also slightly lower at $335,000 – this being for a 1 bedroom 1 bathroom condo of 1020 square feet with a list price to square foot price of $339.00.

We can also see from this report that the lowest price for a 1 bedroom oceanfront condo for sale is $199,900 and the highest price is $1,391,900.

Interesting to note is that the smallest 1 bedroom oceanfront condo for sale is 680 square feet and the largest 1 bedroom oceanfront condo for sale is a very “generous” 1475 square feet.

Oceeanfront
2 Bedroom Condos

There are currently 147 x 2 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – up from 142 x 2 bedroom oceanfront condos for sale in our last post – but still down from the 184 x 2 bedroom oceanfront condos for sale as in our prior post!

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

 $$ Beds/Baths SF/FF List Price
High 2 / 3 3,277 $3,900,000
Low 2 / 1 936 $299,777
Avg 2 / 2 1,712 $753,109
Med 2 / 2 1,662 $595,000

We can see from this report that the:

      • Average price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $753,109 – this being for a 2 bedroom 2 bathroom condo of 1712 square feet with a list price to square foot price of $469.00.  In our last post the average price for a Fort Lauderdale 2 bedroom oceanfront condos for sale was over $17,000 higher at $770,191 – this being for a 2 bedroom 2 bathroom condo of 1712 square feet with a list price to square foot price of $469.00.
      • Median price for a Fort Lauderdale 2 bedroom oceanfront condos currently for sale is $595,000– this being for a 2 bedroom 2 bathroom condo of 1662 square feet with a list price to square foot price of $375.00.  In our last post the median price for a Fort Lauderdale 2 bedroom oceanfront condos for sale was the same at $595,000 – this also being for a 2 bedroom 2 bathroom condo of 1662 square feet with a list price to square foot price of $375.00.

We can also see from this report that the lowest price for a 2 bedroom oceanfront condo for sale is $299,777 and the highest price for a 2 bedroom unit is $3.9 Million!

Interesting to note is that the smallest 2 bedroom oceanfront condo for sale is just 936 square feet and the largest 2 bedroom oceanfront condo for sale is a 3277 square feet condo!

Oceanfront
3 Bedroom Condos

There are currently 55 x 3 Bedroom oceanfront condos currently for sale here in Fort Lauderdale – down from 59 x 3 bedroom oceanfront condos for sale as in our last post which in turn was down from 67 x 3 bedroom oceanfront condos for sale as in our prior post!

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

 $$ Beds/Baths SF/FF List Price LP$/SqFt
High 3 / 4 7,809 $5,999,000 $1,461
Low 3 / 2 1,630 $599,000 $261
Avg 3 / 3 2,953 $1,765,317 $661
Med 3 / 2 2,650 $1,499,000 $583

We can see from this report that the:

      • Average price for a Fort Lauderdale 3 bedroom oceanfront  condo currently for sale is $1,765,317 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2953 square feet with a list price to square foot price of $661.00.  In our last post the average price for a Fort Lauderdale 3 bedroom oceanfront condo for sale was over $100,000 less at $1,663,446 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2720 square feet with a list price to square foot price of $637.00.
      • Median price for a Fort Lauderdale 3 bedroom oceanfront condo currently for sale is $1,499,000– this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2650 square feet with a list price to square foot price of $583.00.  In our last post the median price for a Fort Lauderdale 3 bedroom oceanfront condo currently for sale was over $34,000 less at $1,464,500 – this being for a 3 bedroom 3 bathroom luxury oceanfront condo of 2609 square feet with a list price to square foot price of $591.00.

We can also see from this report that the lowest price for a 3 bedroom oceanfront condo for sale is $599,000 and the highest price condo is a luxury unit priced at just under $6 Million.

Interesting to note is that the smallest 3 bedroom oceanfront condo for sale is just 1,630 square feet and the largest 3 bedroom luxury oceanfront condo for sale is a “very spacious” 7,809 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale is all about beach and the ocean, so naturally we have a fantastic range of Fort Lauderdale Oceanfront condos for sale – with prices for almost all budgets.

Median prices for Fort Lauderdale Oceanfront condos have started to pick back up after having softened slightly over the last few months.

With median prices for studios, 1 Bedroom units and 3 Bedroom units all showing rises.

Personally I think as we move closer to season we will see continued increases in median prices AND I also think we will see continued decreases in inventory on oceanfront condos for sale!

Given both of these factors I believe now is a really great time to purchase an Oceanfront condo!

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

Kevin Wirth Realtor – 954-459-0337

Galt Ocean Mile Condos

Galt Ocean Mile Condos

Galt Ocean Mile
Condos for Sale

Galt Ocean Mile condos for sale are direct oceanfront units – they are literally set right on the sand.

Galt Ocean Mile offers a superb range of condos for sale.

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

Key Statistics for Buyers / Sellers

      • Prices from $149,000 – $5 Million
      • Median List Price $520,000
        – 2 Bedroom 2 Bathroom Unit
View of Galt Ocean Mile condominiums here in Fort Lauderdale
View of Galt Ocean Mile condominiums here in Fort Lauderdale

Galt Ocean Mile Condos
Prices by Bedroom

Here is our market summary report for Galt Ocean Mile condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
0 / 1 400 $199,900 $562
1 / 1 1,076 $299,200 $283
2 / 2 1,656 $547,250 $343
3 / 2 2,300 $1,070,000 $470

We can see from this report that:

      • The median price for Galt Ocean Mile studios for sale is $199,900 – this being for a studio unit of 400 square feet with 1 bathroom – and a list price to square foot price of $562.00 – In our last post the median price for Galt Ocean Mile studios for sale was the same at $199,900 – this also being for a studio unit of 400 square feet with 1 bathroom – and a list price to square foot price of $562.00
      • The median price for Galt Ocean Mile 1 Bedroom condos for sale is $299,200 – this being for a 1 bedroom 1 bathroom condo unit of 1076 square feet with a list price to square foot price of $283.00 – In our last post the median price for Galt Ocean Mile 1 Bedroom condos for sale was approx $10,000 lower at $289,000 – this being for a 1 bedroom 1 bathroom condo unit of 1076 square feet with a list price to square foot price of $280.00
      • The median price for Galt Ocean Mile 2 Bedroom condos for sale is $547,250 – this being for a 2 bedroom 2 bathroom condo unit of 1656 square feet with a list price to square foot price of $343.00 – In our last post the median for Galt Ocean Mile 2 Bedroom condos for sale was over $27,000 lower at $519,999 – this being for a 2 bedroom 2 bathroom condo unit of 1662 square feet with a list price to square foot price of $332.00
      • The median price for Galt Ocean Mile 3 Bedroom condos for sale is $1,070,000 – this being for a 3 bedroom 2 bathroom luxury unit of 2300 square feet with a list price to square foot price of $470.00 – In our last post the median for  Galt Ocean Mile 3 Bedroom condos for sale was slightly higher at $1,079,500 – this being for a 3 bedroom 2 bathroom luxury unit of 2318 square feet with a list price to square foot price of $479.00

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

Click here to email me now

Galt Ocean Mile Condos
Market Analysis

There are currently 195 Galt Ocean Mile Condos for Sale 

This number of units for sale is well up from 160 x Galt Ocean Mile condos for sale in our last post for July / August 2016

The market analysis report for these units is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 4 6,500 $5,000,000
Low 0 / 1 310 $149,000
Avg 2 / 2 1,693 $659,534
Med 2 / 2 1,653 $520,000


We can see from this report that the most expensive condos currently for sale on Galt Ocean Mile is offered for sale at $5,000,000 – this unit is a Luxury Fort Lauderdale Penthouse Unit in the L’Hermitage

The market analysis report also shows us:

      • That the average price for a Galt Ocean Mile is $659,534 – this being for a 2 bedroom 2 bathroom unit of 1705 square feet.  In our last post the average price for a Galt Ocean Mile was higher at $687,543 – this being for a 2 bedroom 2 bathroom unit of 1705 square feet.
      • The median price for a Galt Ocean Mile condo is $520,000 – this being for a 2 bedroom 2 bathroom unit of 1653 square feet.  In our last post the median price for a Galt Ocean Mile condo was over $20,000 lower at $497,250 – this being for a 2 bedroom 2 bathroom unit of 1649 square feet.
View from a luxury Galt Ocean Mile condo for sale in L'Hermitage
View from a luxury Galt Ocean Mile condo for sale in L’Hermitage

Galt Ocean Mile Condos
Price Analysis

The Price analysis report for Galt Ocean Mile condo is an important tool – this report shows us the inventory or number of condos currently for sale across different price ranges.

The Price Analysis report is presented below.

Price Range Quantity
$149,999 or under 1
$150,000 – $199,999 7
$200,000 – $249,999 9
$250,000 – $299,999 18
$300,000 – $349,999 12
$350,000 – $399,999 16
$400,000 – $449,999 9
$450,000 – $499,999 23
$500,000 – $549,999 14
$550,000 – $599,999 21
$600,000 – $699,999 19
$700,000 – $799,999 7
$800,000 – $899,999 8
$900,000 – $999,999 5
$1,000,000 or over 26
Total 195


We can see from this report that the largest inventory of Galt Ocean Mile condos for sale falls into the $1 Million dollar price range – with 26 units for sale!

The Galt Ocean Mile is famous for its condos and it is really pleasing to see that  the next largest number of condos for sale are more affordable units priced between $450,000 – $499,999! 

Galt Ocean Mile Condos
View of Fort Lauderdale direct oceanfront condos here on Galt Ocean Mile

Galt Ocean Mile
Condos by Bedroom

Here is our guide to Galt Ocean Mile condos for sale by bedroom – we focus in deail on studio units right through to 3 bedrooms units.

Galt Ocean Mile
Studios for Sale

There are currently 10 x studio units currently for sale here on Galt Ocean Mile – this is up slightly from 9 units for sale in our last post!

Here is our market analysis report for Galt Ocean Mile studios currently for sale.

 $$ Beds/Baths SF/FF List Price
High 0 / 1 665 $259,500
Low 0 / 1 310 $188,000
Avg 0 / 1 454 $211,950
Med 0 / 1 400 $199,900

We can see from this report that the:

      • Average price for a Galt Ocean Mile studio currently for sale is $211,950– this being for a unit of 454 square feet with a list price to square foot price of $508.00.  In our last post the average price for a Galt Ocean Mile studio for sale was slightly higher at $212,278– this being for a unit of 449 square feet with a list price to square foot price of $518.00.
      • Median price for a Galt Ocean Mile studio currently for sale is $199,900– this being for a unit of 400 square feet with a list price to square foot price of $562.00.  In our last post the median price for a Galt Ocean Mile studio for sale was the same at $199,900 – this being for a unit of 400 square feet with a list price to square foot price of $562.00.

We can also see from this report that the lowest price for a studio for sale is $188,000 and the highest price it $249,500.

Interesting to note is that the smallest studio for sale is just 310 square feet and the largest studio for sale is 665 square feet.

Galt Ocean Mile
1 Bedroom Condos

There are currently 40 x 1 bedroom condos currently for sale here on Galt Ocean Mile – this is up slightly from 41 units in our last post!

Here is our market analysis report for Galt Ocean Mile 1 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 1 / 1 1,475 $399,000
Low 1 / 1 700 $149,000
Avg 1 / 1 1,046 $299,149
Med 1 / 1 1,076 $299,200

We can see from this report that the:

      • Average price for a Galt Ocean Mile 1 bedroom condo currently for sale is $299,149– this being for a 1 bedroom 1 bathroom condo of 1046 square feet with a list price to square foot price of $298.00.  In our last post the average price for a Galt Ocean Mile 1 bedroom condo for sale was slightly higher at $302,892 – this being for a 1 bedroom 1 bathroom condo of 1029 square feet with a list price to square foot price of $294.00. 
      • Median price for a Galt Ocean Mile 1 bedroom condo currently for sale is $299,200– this being for a 1 bedroom 1 bathroom condo of 1076 square feet with a list price to square foot price of $283.00. In our last post the median price for Galt Ocean Mile 1 bedroom condo for sale was approx $10,000 less at $289,000– this being for a 1 bedroom 1 bathroom condo of 1076 square feet with a list price to square foot price of $280.00.

We can also see from this report that the lowest price for a 1 bedroom condo for sale is $149,000 and the highest price is $399,000.

Interesting to note is that the smallest 1 bedroom condo for sale is 700 square feet and the largest 1 bedroom condo for sale is a “much larger” 1475 square feet.

Galt Ocean Mile
2 Bedroom Condos

There are currently 106 x 2 Bedroom condos currently for sale here on Galt Ocean Mile – this is down from 119 units in our last post!

Here is our market analysis report for Galt Ocean Mile 2 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 2 / 2 2,463 $1,799,000
Low 2 / 2 904 $249,900
Avg 2 / 2 1,634 $583,432
Med 2 / 2 1,656 $547,250

We can see from this report that the:

      • Average price for a Galt Ocean Mile 2 bedroom condo currently for sale is $583,432 – this being for a 2 bedroom 2 bathroom condo of 1634 square feet with a list price to square foot price of $373.00.  In our last post the average price for a Galt Ocean Mile 2 bedroom condo for sale was over $10,000 lower at $572,155– this being for a 2 bedroom 2 bathroom condo of 1594 square feet with a list price to square foot price of $369.00. 
      • Median price for a Galt Ocean Mile 2 bedroom condo currently for sale is $547,250 – this being for a 2 bedroom 2 bathroom condo of 1656 square feet with a list price to square foot price of $343.00. In our last post the median price for a Galt Ocean Mile 2 bedroom condo for sale was over $22,000 less at $525,000 – this being for a 2 bedroom 2 bathroom condo of 1649 square feet with a list price to square foot price of $348.00.

We can also see from this report that the lowest price for a 1 bedroom condo for sale is $275,000 and the highest price is $1,450,000.

The smallest 2 bedroom condo for sale is just 904 square feet and the largest 2 bedroom condo for sale is 2423 square feet.

Galt Ocean Mile
3 Bedroom Condos

There are currently 36 x 3 Bedroom condos currently for sale here on Galt Ocean Mile – this is well down from 51 units in our last post!

Here is our market analysis report for Galt Ocean Mile 3 bedroom condos currently for sale.

$$  Beds/Baths SF/FF List Price
High 3 / 4 3,587 $5,000,000
Low 3 / 2 1,550 $449,000
Avg 3 / 2 2,379 $1,273,193
Med 3 / 2 2,300 $1,070,000

We can see from this report that the:

      • Average price for a Galt Ocean Mile 3 bedroom condo currently for sale is $1,273,193 – this being for a 3 bedroom 2 bathroom luxury condo of 2379 square feet with a list price to square foot price of $533.00.  In our last post the average price for a Galt Ocean Mile 3 bedroom condo for sale was over $190,000 less at $1,081,522 – this being for a 3 bedroom 2 bathroom luxury condo of 2246 square feet with a list price to square foot price of $459.00.
      • Median price for a Galt Ocean Mile 3 bedroom condo currently for sale is $1,070,000– this being for a 3 bedroom 2 bathroom luxury condo of 2300 square feet with a list price to square foot price of $470.00.  In our last post the median price for a Galt Ocean Mile 3 bedroom condo for sale was over $120,000 less at $949,000 – this being for a 3 bedroom 2 bathroom luxury condo of 2260 square feet with a list price to square foot price of $429.00.

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $449,000 and the highest priced condos for sale is just under $5 Million.

Interesting to note is that the smallest 3 bedroom condo for sale is 1550 square feet and the largest 3 bedroom luxury condo for sale is 3587 square feet! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Galt Ocean Mile condos for sale are some of the most sought after in all of Fort Lauderdale.  Their location, being set back off A1A and being absolute “direct” oceanfront adding their appeal.

It is encouraging to see some increases in median prices for Galt Ocean Mile condos for sale – especially with 1 bedroom, 2 bedroom and 3 bedroom units.

Important to note is the increase in median prices for 3 bedroom units – up over $120,000.  

This in my mind is a reflection of the value 3 bedroom units here on the Galt offer – especially given they are direct oceanfront condos – set right on the beach! 

I hope you enjoyed my post on Galt Ocean Mile Condos for Sale 

Kevin Wirth Realtor – 954-459-0337

 

Luxury Condos - from $500K - $5 Milion Plus

Luxury Condos

Fort Lauderdale Luxury
& Trophy Condos

Here is our guide to Fort Lauderdale luxury condos for sale for September / October 2016.

Fort Lauderdale with its oceanfront, waterfront and down town areas offers a great range of Luxury Condos & “Trophy” Condos for Sale.

Search Luxury Condos $500K Plus

Search Luxury Condos $1 Million Plus

Key Statistics for Buyers / Sellers

  • Prices from $500,000 – $14 Million
  • Median List Price $849,000
    – 3 Bedroom 2 Bathroom Unit
View luxury new construction Fort Lauderdale condos for sale in La Rive
View luxury new construction Fort Lauderdale condos for sale in La Rive

Luxury Condos
Prices by Bedroom

Here is our market summary report for Fort Lauderdale Luxury condos for sale by median price / bedroom

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 1,162 $754,450 $698
2 / 2 1,685 $699,000 $451
3 / 3 2,906 $992,000 $436
4 / 4 4,150 $2,149,375 $597

We can see from this report that:

  • The median price for Fort Lauderdale Luxury 1 Bedroom condos for sale is $754,450 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1162 square feet with a list price to square foot price of $698.00 – In our last post the median price for Luxury 1 Bedroom condos for sale was nearly $60,000 lower at $695,000 – this being for a 1 bedroom 1 bathroom luxury condo unit of 1104 square feet with a list price to square foot price of $749.00
  • The median price for Fort Lauderdale Luxury 2 Bedroom condos for sale is $699,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1685 square feet with a list price to square foot price of $451.00 – In our last post the median price for Luxury 2 Bedroom condos for sale was ever so slightly higher at $702,000 – this being for a 2 bedroom 2 bathroom luxury condo unit of 1672 square feet with a list price to square foot price of $454.00
  • The median price for Fort Lauderdale Luxury 3 Bedroom condos for sale is $992,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2906 square feet with a list price to square foot price of $436.00 – In our last post the median for Luxury 3 Bedroom condos for sale was slightly higher at $995,000 – this being for a 3 bedroom 3 bathroom luxury unit of 2985 square feet with a list price to square foot price of $433.00
  • The median price for Fort Lauderdale Luxury 4 Bedroom condos for sale is $2,149,375 – this being for a 4 bedroom 4 bathroom luxury condo unit of 4150 square feet with a list price to square foot price of $597.00 – In our last post the median for Luxury 4 Bedroom condos for sale was over $600,000 less at $1,545,000 – this being for a smaller 4 bedroom 4 bathroom luxury condo unit of 3403 square feet with a list price to square foot price of $429.00

Note: One of the major driving forces behind the large increase in median prices for 4 bedroom condos is the number of luxury Fort Lauderdale new construction condos for sale.

Kevin Wirth Fort Lauderdale Realtor

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

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Luxury Condos
Pricing Analysis

Currently there are 552 luxury condos  for sale in Ft Lauderdale – units that are priced at $500,000 or more 

It s important to note that inventory levels for luxury condos for sale is down a little from our last post when there were 560 luxury Fort Lauderdale condos for sale

The pricing analysis report for these condos in presented below.

$$  Beds/Baths SF/FF List Price
High 5 / 7 11,567 $13,995,000
Avg 3 / 2 2,705 $1,243,937
Med 3 / 2 2,390 $849,000

We can see from this report that:

  • The average price for a luxury Fort Lauderdale condo in this price range is $1,243,937– this being for a 2 bedroom 2 bathroom unit of 2705 square feet.  In our last post the average price for a luxury Fort Lauderdale condo in this price range was $1,196,207 – this being for a 2 bedroom 2 bathroom unit of 2596 square feet.
  • The median price for a luxury Fort Lauderdale condo in this price range is $849,000 – this being for a 3 bedroom 2 bathroom unit of 2390 square feet.  In our last post the median price for a luxury Fort Lauderdale condo in this price range was $839,000 – this being for a 3 bedroom 2 bathroom unit of 2369 square feet. 
View luxury waterfront condos/ town homes for sale in Las Olas Isles
View luxury waterfront condos/ town homes for sale in Las Olas Isles

Luxury Condo
Inventory Analysis

The inventory analysis report is a very important and useful tool – for it shows us the breakdown of the inventory for ALL Luxury Fort Lauderdale condos for sale by price brackets or price ranges.

The inventory analysis report is presented below:

Price Range Quantity
$500,000 – $549,999 49
$550,000 – $599,999 63
$600,000 – $699,999 82
$700,000 – $799,999 64
$800,000 – $899,999 48
$900,000 – $999,999 31
$1,000,000 or over 214
Total 552

 

We can see from this report that the largest concentration of luxury condos for sale are units priced at over $1 Million dollars with 214 condos currently for sale in this price range – This is the same number of luxury condos in this price range as in our last report!

View luxury 3 bedroom Fort Lauderdale oceanfront condo for sale
View luxury 3 bedroom Fort Lauderdale oceanfront condo for sale

Luxury Condos
by Bedroom

Here is our guide to Luxury Fort Lauderdale condos for sale by bedroom – we focus in detail on 1 bedroom condos right through to 3 bedrooms units.

Note: Prices for luxury 4 or more bedroom condos here in Fort Lauderdale can vary dramatically – this is a result of factors including: location, the building, building amenities and unit stack and unit condition and/or customization.

Fort Lauderdale Luxury
1 Bedroom Condos

There are currently 16 x 1 bedroom Fort Lauderdale luxury condos for sale – down from 19 units in our last post and 21 units in our prior post!

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

 $$ Beds/Baths SF/FF List Price
High 1 / 2 1,400 $1,391,900
Low 1 / 1 724 $525,000
Avg 1 / 1 1,115 $763,606
Med 1 / 1 1,162 $754,450

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $763,606– this being for a 1 bedroom 1 bathroom condo of 1115 square feet with a list price to square foot price of $688.00.  
  • Median price for a Fort Lauderdale luxury 1 bedroom condo currently for sale is $754,450 – this being for a 1 bedroom 1 bathroom condo of 1162 square feet with a list price to square foot price of $698.00. 

We can also see from this report that the lowest price for a luxury Fort Lauderdale 1 bedroom condo for sale is $525,000 and the highest price is $1,391,900.

Interesting to note is that the smallest luxury 1 bedroom condo for sale is just 724 square feet (these are usually Hotel Condos) and then the largest 1 bedroom condo for sale is a 1,400 square feet.

Fort Lauderdale Luxury
2 Bedroom Condos

There are currently 225 x 2 bedroom Fort Lauderdale luxury condos for sale – this is down from 253 x 2 bedroom condos for sale as in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 2 / 3 3,580 $3,900,000
Low 2 / 1 936 $500,000
Avg 2 / 2 1,811 $837,192
Med 2 / 2 1,685 $699,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $837,192 – this being for a 2 bedroom 2 bathroom condo of 1811 square feet with a list price to square foot price of $494.00
  • Median price for a Fort Lauderdale luxury 2 bedroom condo currently for sale is $699,000– this being for a 2 bedroom 2 bathroom condo of 1685 square feet with a list price to square foot price of $491.00

We can also see from this report that the lowest price for a 2 bedroom condo for sale is $500,000 and the highest price is $3.9 Million.

Interesting to note is that the smallest luxury 2 bedroom condo for sale is just 936 square feet and the largest luxury 2 bedroom condo for sale is a “massive” 3,580 square feet condo – well over the three times the size of the smallest unit!

Fort Lauderdale Luxury
3 Bedroom Condos

There are currently 266 x 3 bedroom Fort Lauderdale luxury condos for sale – up a little from 261 units in our last post!

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

 $$ Beds/Baths SF/FF List Price
High 3 / 4 7,809 $5,999,000
Low 3 / 2 1,480 $500,000
Avg 3 / 3 3,081 $1,264,259
Med 3 / 3 2,906 $992,000

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $1,264,259– this being for a 3 bedroom 3 bathroom luxury condo of 3081 square feet with a list price to square foot price of $479.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $992,000– this being for a 3 bedroom 3 bathroom luxury condo of 2906 square feet with a list price to square foot price of $436.00

We can also see from this report that the lowest price for a 3 bedroom condo for sale is $500,000 and the highest price is $5,999,000.

Interesting to note is that the smallest luxury 3 bedroom condo for sale is just 1,480 square feet (typically these are Hotel Condos) and the largest 3 bedroom luxury condo for sale is a “massive” 7,809 square feet condo! 

Fort Lauderdale Luxury
4 Bedroom Condos

There are currently 37 x 4 bedroom Fort Lauderdale luxury condos for sale  – down from 41 in our last post!

Here is our market report for Luxury Fort Lauderdale 4 bedroom condos currently for sale.

 $$ Beds/Baths SF/FF List Price
High 4 / 5 10,208 $12,500,000
Low 4 / 2 2,414 $579,000
Avg 4 / 4 4,871 $2,619,609
Med 4 / 4 4,150 $2,149,375

We can see from this report that the:

  • Average price for a Fort Lauderdale luxury 4 bedroom condo currently for sale is $2,619,609 – this being for a 4 bedroom 4 bathroom luxury condo of 4871 square feet with a list price to square foot price of $642.00
  • Median price for a Fort Lauderdale luxury 3 bedroom condo currently for sale is $2,149,375 – this being for a 4 bedroom 4 bathroom luxury condo of 4150 square feet with a list price to square foot price of $597.00

We can also see from this report that the lowest price for a 4 bedroom condo for sale is $579,000 and the highest price is just over $12.5 Million.

Interesting to note is that the smallest luxury 4 bedroom condo for sale is 2,414 square feet (typically these are Hotel Condos) and the largest 4 bedroom luxury condo for sale is a “massive” 10,208 square feet condo! 

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fort Lauderdale offers an amazing range of luxury condos for sale – with options from downtown units to Intracoastal units to oceanfront units.

Median prices for luxury condos are on the rise especially for 1 bedroom and 4 bedroom units which have had strong increases since our last post!

I am continuing to see increased buyer activity in the higher dollar sales, especially for waterfront and oceanfront units over the $1 Million mark.

Part of this increase in activity I believe is the ongoing marketing efforts by sales teams for new construction Fort Lauderdale condos.

There have been extensive campaigns by many of the Fort Lauderdale new construction complexes including sales “tours” throughout North America, this is great exposure for our luxury condo market overall!

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

Kevin Wirth Realtor – 954-459-0337