View Galt Ocean Mile condo sold 2018 Galt Towers 4250 Galt Ocean Drive Fort Lauderdale, Florida

Galt Towers Fort Lauderdale 2018 Summary

Welcome to our review of 2018 sales for Galt Towers Condos Fort Lauderdale – here on our famous Galt Ocean Mile.

In 2018 there were 9 x Galt Towers Fort Lauderdale condos sold – down from 13 x Galt Towers condos sold in 2017!

Galt Towers Condos
2018 Prices by Bedroom

Here is a pricing guide based on all median sales prices for condos in Galt Towers in 2018.

BEDS / BATHS LA SP$ SP$/SqFt
0 / 1 450 $218,000 $484.00
1 / 1 900 $238,500 $247.00
2 / 2 1,350 $334,000 $259.00

We can see from this report that:

Galt Towers Studio units – median sales price $218,000 – this being for a unit of 450 square feet with a list price to square foot price of $484.00 – In 2017 the median sales price for Galt Towers studios sold was lower at $199,999 – this being for a unit of 500 square feet with a list price to square foot price of $400.00

Galt Towers 1 Bedroom units – median sales price $238,500 for a 1 bed/1 bath unit of 900 square feet with a list price to square foot price of $247.00 – In 2017 the median sales price for Galt Towers 1 Bedroom units sold was a little lower at $232,500 – this being for a 1 bed/1 bath unit of 988 square feet with a list price to square foot price of $230.00

Galt Towers 2 Bedroom units – median sales price $334,000 for a 2 bed/2 bath unit of 1350 square feet with a list price to square foot price of $259.00 – In 2017 the median sales price for Galt Towers 2 Bedroom units sold was higher at $370,000 – this being for a 2 bed/2 bath unit of 1350 square feet with a list price to square foot price of $257.00

View Galt Towers condominium - 4250 Galt Ocean Drive Fort Lauderdale FL
View Galt Towers condominium – 4250 Galt Ocean Drive Fort Lauderdale FL

Galt Towers
Studios

In 2018 there was 1 studio unit sold here in Galt Towers

Our market analysis report for this unit is presented below.

BEDS / BATHS LA SP$
Median 0 / 1 450 $218,000

We can see from this report that the sales price for the studio unit sold here in Galt Towers in 2018 was $218,000 – this being for a 1 bedroom 1 bathroom unit of 450 square feet with a sales price to square foot price of $484.00

Also important to note is that:

  • the sales price to list price was 104%  – or 4% above list price!
  • the days on market was just 11 days – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Galt Towers
1 Bedroom Condos

In 2018 there were 4 x 1 bedroom units sold here in Galt Towers – down from 8 x 1 bedroom units sold in 2016

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 850 $198,000
Max 1 / 1 1,047 $250,000
Avg 1 / 1 924 $231,250
Median 1 / 1 900 $238,500

We can see from this report that the average price for a 1 bedroom unit sold here in Galt Towers in 2018 was $231,250 – this being for a 1 bedroom 1 bathroom unit of 924 square feet with a sales price to square foot price of $251.00

We can also see that the median sales price for a 1 bedroom condo unit sold in 2018 was $238,500 – this being for a unit of 900 square feet with a sales price to square foot price of $247.00

Important to note is that range of prices for 1 bedroom condo sales – which range from a low of $198,000 to a high of $250,000.

Also important to note is that:

  • the median sales price to list price was 96% 
  • the median days on market was 74 days or just under 11 weeks – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!

Galt Towers
2 Bedroom Condos

In 2018 there were 4 x 2 bedroom units sold here in Galt Towers – the same number of 2 bedroom units as sold in 2017!

Our market analysis report for these units is presented below.

BEDS / BATHS LA SP$
Min 2 / 2 1,350 $285,000
Max 2 / 2 1,350 $405,000
Avg 2 / 2 1,350 $339,500
Median 2 / 2 1,350 $334,000

We can see from this report that the average price for a 2 bedroom unit sold here in Galt Towers in 2018 was $339,500 – this being for a 2 bedroom 2 bathroom unit of 1350 square feet with a sales price to square foot price of $257.00

We can also see that the median sales price for a 2 bedroom condo unit sold in 2018 was $334,000 – this being for a unit of 1350 square feet with a sales price to square foot price of $259.00

Important to note is that range of prices for 2 bedroom condo sales – which range from a low of $285,000 to a high of $405,000!

Also important to note is that:

  • the median sales price to list price was 92%  – It is important to note that this is well down from 97% in 2017
  • the median days on market was just 30 days or approx 1 month – days on market is the time from when the unit was listed for sale till the date the condo sold and closed!
View Galt Ocean Mile condo sold highest price 2018 Galt Towers 4250 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condo sold highest price 2018 Galt Towers 4250 Galt Ocean Drive

Galt Towers
Condo Sales 2018

Here is a summary of all units sold here in Galt Towers Fort Lauderdale in 2018 – starting with the highest sale and working down to the lowest priced sale for the year.

CONDO BEDS / BATHS LA SP$
Unit 3U 2 / 2 1,350 $405,000
Unit 6A 2 / 2 1,350 $350,000
Unit 5H 2 / 2 1,350 $318,000
Unit 2T 2 / 2 1,350 $285,000
Unit 9N 1 / 1 1,047 $250,000
Unit 2P 1 / 1 950 $242,000
Unit 9F 1 / 1 850 $235,000
Unit 1K 0 / 1 450 $218,000
Unit 7G 1 / 1 850 $198,000

We can see from this report the data for each unit including bedrooms, full bathrooms, square footage and final sales price.

Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed this post on 2018 sales for Galt Towers condos Fort Lauderdale.

Kevin Wirth – Realtor
954-459-0337