View Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Fort Lauderdale

Fountainhead Condos

Fountainhead
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our June 2020 / July 2020 pricing guide for Fountainhead Galt Ocean Mile Condos 3900 N Ocean Drive, 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 4 x Fountainhead Galt Ocean Mile condos for sale 

There have been 2 closed sales over the last 6 months – (Both 2 bedroom units)

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!

Fountainhead
Galt Ocean Mile Key Statistics
Fountainhead Condominium  
Address: 3900 N Ocean Dr, Fort Lauderdale, FL 33308

  • Prices from $345,000 – $775,000
  • Median List Price $534,394
     – for a 2 bedroom 2 bathroom unit

Median Sales Prices

  • Median Sales Price $601,250
    – for a 2 bedroom 2 bathroom unit
  • Sales Price to Sq Ft Price $315.00
  • Sales Price to List Price 91%
  • Days on Market 86 Days
View Galt Ocean Mile condominium Fountainhead 3900 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium Fountainhead 3900 N Ocean Drive Fort Lauderdale

Fountainhead Condos for Sale
Market Report

There are currently 4 x Fountainhead Galt Ocean Mile condos for sale this is the same number of Fountainhead Condos for Sale as in our last 2 posts – our post for April 2020 / May 2020 and our post for January 2020 / February 2020

Our market analysis report for these 4 x Fountainhead Galt Ocean Mile condos currently for sale is presented below:

BEDS / BATHS LA LP$
Min 1 / 1 1,450 $345,000
Max 3 / 3 2,210 $775,000
Avg 2 / 2 1,848 $547,197
Median 2 / 2 1,865 $534,394

We can see from this report that the average price for one of the Fountainhead Galt Ocean Mile condos for sale is $547,197 – this being for a 2 bedroom 2 bathroom unit of 1848 square feet

We can also see from this report that the median price for one of the Fountainhead condos for sale is $534,394 this being for a 2 bedroom 2 bathroom unit of 1865 square feet – this is down from our last 2 posts!

In our last post for April 2020 / May 2020 the median price for a Fountainhead condo for sale was higher at $544,644 – this being for a 2 bedroom 2 bathroom unit of 1865 square feet

In our last post for January 2020 / February 2020 the median price for a Fountainhead condo for sale was higher at $554,644 – this being for a 2 bedroom 2 bathroom unit of 1865 square feet


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A.  – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

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Fountainhead Condos for Sale
Prices by Bedroom

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

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,450 $345,000 $238.00
2 / 2 1,865 $534,394 $284.00
3 / 3 2,210 $775,000 $351.00

We can from this report that median prices for :

  • 1 bedroom Fountainhead condos for the sale is $345,000 this being for a 1 bedroom 1 bathroom 1450 square foot unit with a list price to square foot price of $228.00 – In our last post the median price for 1 bedroom condos was higher at $370,000 – this being for a 1 bedroom 1 bathroom 1450 square foot unit with a list price to square foot price of $255.00
  • 2 bedroom Fountainhead condos for the sale is $534,394 this being for a 2 bedroom 2 bathroom 1865 square foot unit with a list price to square foot price of $284.00 – In our last post the median for 2 bedroom Fountainhead condos for the sale was higher at $544,644 – this being for a 2 bedroom 2 bathroom 1865 square foot unit with a list price to square foot price of $289.00
  • 3 bedroom Fountainhead condos for the sale is $775,000this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $351.00 In our last post the median for 3 bedroom Fountainhead condos for the sale was higher at $799,900 – this being for a 3 bedroom 3 bathroom 2210 square foot unit with a list price to square foot price of $362.00

Fountainhead Condos
New Listings

There have been no new listing of a luxury Fountainhead Galt Ocean Mile condos for sale over the last 30 days

Fountainhead Condos
Pending Sales

There are currently no Fountainhead condos under contract and  pending sale here on Galt Ocean Mile

Aerial view Galt Ocean Mile condos including Fountainhead 3900 N Ocean Blvd Fort Lauderdale
Aerial view Galt Ocean Mile condos including Fountainhead 3900 N Ocean Drive Ft Lauderdale

Fountainhead Condo Sales
Last 6 Months

There has been 2 sales of Fountainhead Galt Ocean Mile condos over the last 6 Months –this is the same number of sales over the preceding 6 months as in our last post for April 2020 / May 2020! 

Our market analysis report for these 2 units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,840 $552,500
Max 2 / 2 2,000 $650,000
Avg 2 / 2 1,920 $601,250
Median 2 / 2 1,920 $601,250

We can see from this report that the median sales price for condos sold here in Fountainhead over the last 6 months has been $601,250 – this being for a 2 bedroom 2 bathroom unit of 1920 square feet 

In our last post the median sales price for condos sold here in Fountainhead over the last 6 months was lower at $588,750 – this being for a 2 bedroom 2 bathroom unit of 1920 square feet

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Fort Lauderdale Oceanfront Condos sold in Fountainhead over the last 6 months.

SP$/SqFt
Min $276.00
Max $353.00
Avg $315.00
Median $315.00

We can see from this report that the median sales price to square foot price has been $315.00 per square foot.

It is important to note that this is up from $308.00 as in our last post! 

It is also important to note the highest square foot price paid at $353.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fountainhead Galt Ocean Mile condos for sale – 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$/LP$
Min 88%
Max 93%
Avg 91%
Median 91%

We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Fountainhead has been 91%  

It is important to note that this is up from 89% as in our last post!

This means if a Fort Lauderdale condo for sale here in Fountainhead is listed at $600,000 – then based on median sales data the condo could be expected to sell for 91% of that amount or $546,000 – based on median MLS data!

Days on Market

Days on market for Fountainhead Galt Ocean Mile condos for sale is an important indicator on how strong demand is for Fort Lauderdale oceanfront condos for sale in this complex.

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

DOM
Min 65
Max 107
Avg 86
Median 86

We can see that the median days on market is 86 days – or just under 3 months down from our last post!

In our last post the median days on market was 124 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.

Fountainhead
Condo Sales Itemized

Here is the data for each of the 2 x Fountainhead Galt Ocean Mile condos sold over the last 6 months here in Fountainhead.

BEDS / BATHS LA SP$
Unit 1D 2 / 2 1,840 $650,000
Unit 10C 2 / 2 2,000 $552,500

We can see from this report the details for each condo sold – including the most expensive sale over the last 6 months, which was for Unit 1D a 2 bedroom condo which sold for $650,000.

Unit 1D is a 2 bedroom 2 bathroom 1,840 square foot unit and had a sales price to square foot price of $353.00

This Galt Ocean Mile condo sold for 93% of list price and the unit had just 63 days on market!

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Fountainhead Galt Ocean Mile condos are unit set in a great direct oceanfront complex here on Galt Mile in Fort Lauderdale.

Currently we have 4 oceanfront condos for sale – a mix of 1, 2 & 3 Bedroom units!

We have had 2 sales over the last 6 months – both 2 bedroom units. 

Buyer activity has been slow over the last few months given the Coronavirus! 

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

Kevin Wirth Fort Lauderdale Realtor