View Galt Ocean Mile condo sold highest price L'Hermitage 3100-3200-N-Ocean-Blvd-Fort Lauderdale

2018 Sales L’Hermitage Condos Fort Lauderdale

L’Hermitage Condo Sales
2018 Summary

There were 32 x luxury L’Hermitage Condos Fort Lauderdale sold on Galt Ocean Mile in 2018

It is important to note that the number of units sold in 2018 is well up from the 20 luxury sales of L’Hermitage units sold in 2017!

The market analysis report for these 32 units is presented below

BEDS / BATHS LA SP$
Min 2 / 2 1,537 $590,553
Max 5 / 5 4,938 $5,050,000
Avg 3 / 2 2,267 $1,385,752
Median 3 / 2 2,086 $1,000,000

We can see from this report that the average price for a luxury Fort Lauderdale condo sold here in L’Hermitage in 2018 was $1,385,752 and the median price was $1,000,000

It is very important to note that the median sales price for 2018 is well down from 2017, 2016 and 2015!

In 2017 the average price for a luxury Fort Lauderdale condo sold here in L’Hermitage was $1,281,845 and the median price was $1,269,500

In 2016 the average price for a luxury Fort Lauderdale condo sold here in L’Hermitage was $1,275,751 and the median price was $1,162,500

In 2015 the average price for a luxury Fort Lauderdale condo sold here in L’Hermitage was $1,476,406 and the median price was $1,357,500.

Also note:

  • the sales price to list price percentage – with the median at 92%
  • the days on market  – with the median at just 63 days or just over 2 months – very fast!  Days on Market is the time from the date the condo was listed for sale till the unit sold AND closed.
View Galt Ocean Mile condominium L'Hermitage 3100 -3200 N Ocean Blvd Fort Lauderdale
View Galt Ocean Mile condominium L’Hermitage 3100 -3200 N Ocean Blvd Fort Lauderdale

L’Hermitage Condos
Fort Lauderdale – Prices By Bedroom

Here is a pricing guide based on all median sale prices for luxury L’Hermitage condos Fort Lauderdale in 2018.

BEDS / BATHS LA SP$ SP$/SqFt
2 / 2 1,630 $749,000 $436.00
3 / 2 2,318 $1,150,000 $535.00
4 / 5 4,420 $4,850,000 $1,099.00
5 / 4 4,938 $4,250,000 $861.00

We can see from this report that for:

L’Hermitage 2 Bedroom units – the median sales price was $749,000 this being for a 2 bed/2 bath unit of 1630 square feet with a sales price to square foot price of $436.00

L’Hermitage 3 Bedroom units – the median sales price $1,150,000 this being for a 3 bed/2 bath unit of 2318 square feet with a sales price to square foot price of $535.00

L’Hermitage 4 Bedroom units – the median sales price $4,850,000 this being for a 4 bed/5 bath unit of 4420 square feet with a sales price to square foot price of $1,099.00

L’Hermitage 5 Bedroom units – the median sales price $4,250,000 this being for a 5 bed/4 bath unit of 4938 square feet with a sales price to square foot price of $861.00 – Only 1 x 5 Bedroom Unit was sold in 2018.

L’Hermitage Condos
2 Bedroom Sales in 2018

There were 12 sales of 2 bedroom luxury Fort Lauderdale condos here in L’Hermitage in 2018 – up from 8 sales in 2017

The detailed market analysis report for these luxury units is presented below

BEDS / BATHS LA SP$
Min 2 / 2 1,537 $590,553
Max 2 / 2 2,332 $1,000,005
Avg 2 / 2 1,652 $802,838
Median 2 / 2 1,630 $749,000

We can see from this report that the average sales price for 2 bedroom L’Hermitage condos Fort Lauderdale in 2018 was $802,838 – this being for a 2 bedroom 2 bathroom unit of 1652 square feet

We can also see the that the median sales price for 2 bedroom L’Hermitage condos Fort Lauderdale sold in 2018 was $749,000this being for a 2 bedroom 2 bathroom unit is 1630 square feet

Note:

  • The median list price to sales price for 2 bedroom L’Hermitage condos sold was 95%
  • The median sales price to square foot price for 2 bedroom condos sold was $436.00
  • The median days on market for 2 bedroom condos sold was 106 days – days on market being the time from when the unit was list for sale till the date the unit closed!

It is also important to note that in 2017 the median sales price for a 2 bedroom L’Hermitage condo was much higher at $897,500 – this being for a 2 bedroom 2 bathroom unit is 1583 square feet

Also important to note is the range of sales prices for 2 bedroom units – which range from $590,553 to $1,000,005.

L’Hermitage Condos
3 Bedroom Sales in 2018

There were 17 sales of 3 bedroom luxury Fort Lauderdale condos here in L’Hermitage in 2018 – up from 12 sales in 2017!

The detailed market analysis report for these luxury Galt Ocean Mile condos is presented below

BEDS / BATHS LA SP$
Min 3 / 2 1,977 $700,000
Max 3 / 3 2,762 $2,550,000
Avg 3 / 2 2,255 $1,221,176
Median 3 / 2 2,318 $1,150,000

We can see from this report that the average sales price for 3 bedroom L’Hermitage condos Fort Lauderdale in 2018 was $1,221,176 – this being for a 3 bedroom 3 bathroom unit of 2318 square feet

We can also see the that the median sales price for 2 bedroom L’Hermitage condos Fort Lauderdale sold in 2018 was $1,150,000this being for a 3 bedroom 2 bathroom unit is 2318 square feet

Note:

  • The median list price to sales price for 3 bedroom L’Hermitage condos sold was 91%
  • The median sales price to square foot price for 3 bedroom condos sold was $535.00
  • The median days on market for 3 bedroom condos sold was just 47 days (very fast) – days on market being the time from when the unit was list for sale till the date the unit closed!

It is important to note that in 2017 the median sales price for a 3 bedroom L’Hermitage condo was higher at $1,475,000 – this being for a 3 bedroom 2 bathroom unit is 2338 square feet

Also important to note is the range of sales prices for 3 bedroom units – which range from $700,000 to $2,550,000.

L’Hermitage Condos
4 Bedroom Sales in 2018

There were 2 sales of 4 bedroom luxury Fort Lauderdale condos here in L’Hermitage in 2018

The detailed market analysis report for these luxury Galt Ocean Mile condos is presented below

BEDS / BATHS LA SP$
Min 4 / 5 4,299 $4,650,000
Max 4 / 5 4,542 $5,050,000
Avg 4 / 5 4,421 $4,850,000
Median 4 / 5 4,420 $4,850,000

We can see from this report that BOTH the average and median sales price for 4 bedroom L’Hermitage condos Fort Lauderdale in 2018 was $4,850,000this being for a 4 bedroom 5 bathroom unit of 4420 square feet

Also important to note is the range of sales prices for 4 bedroom units – which range from $4,650,000 to $5,050,000.

Also Note:

  • The median list price to sales price for 4 bedroom L’Hermitage condos sold was 90%
  • The median sales price to square foot price for 4 bedroom condos sold was $1,099.00
  • The median days on market for 4 bedroom condos sold was 167 days – days on market being the time from when the unit was list for sale till the date the unit closed!

L’Hermitage Condos
5 Bedroom Sales in 2018

There was 1 sale of a 5 bedroom luxury Fort Lauderdale condo here in L’Hermitage in 2018

The detailed market analysis report for this luxury Galt Ocean Mile condo is presented below

BEDS / BATHS LA SP$
Median 5 / 4 4,938 $4,250,000

We can see from this report that the sales price for the 5 bedroom L’Hermitage condo Fort Lauderdale sold in 2018 was $4,250,000this being for a 5 bedroom 4 bathroom unit of 4938 square feet

Note:

  • The list price to sales price was 90%
  • The sales price to square foot price was $861.00
  • The days on market was 46 days (Very Fast) – days on market being the time from when the unit was list for sale till the date the unit closed!

L’Hermitage Condos
Fort Lauderdale

Here is our chart showing the details for each of the L’Hermitage condos Fort Lauderdale sold in 2018 – starting with the highest sale and working down to the lowest sale recorded in the MLS

CONDO BEDS / BATHS LA SP$
PH 2709 4 / 5 4,299 $5,050,000
Unit 2810 4 / 5 4,542 $4,650,000
PH 2708 5 / 4 4,938 $4,250,000
Unit 2201 3 / 2 2,661 $2,550,000
Unit 1509 3 / 3 2,762 $1,785,000
Unit 2401 3 / 3 2,318 $1,400,000
Unit 2303 3 / 3 1,977 $1,400,000
Unit 1901 3 / 2 2,318 $1,375,000
Unit 2603 3 / 2 2,109 $1,250,000
Unit 2207 3 / 2 2,086 $1,250,000
Unit 602 3 / 2 2,332 $1,200,000
Unit 1707 3 / 2 2,086 $1,150,000
Unit 1402 3 / 2 2,086 $1,115,000
Unit 1601 3 / 3 2,318 $1,065,000
Unit 2506 2 / 2 1,630 $1,000,005
Unit 1104 3 / 2 1,977 $1,000,000
Unit 2506 2 / 2 1,537 $1,000,000
Unit 806 2 / 2 1,634 $1,000,000
Unit 2206 2 / 2 1,630 $1,000,000
Unit 1702 3 / 2 2,338 $985,000
Unit 302 2 / 2 2,332 $962,500
Unit 308 3 /3 2,596 $900,000
Unit 504 3 / 3 1,977 $875,000
Unit 2205 2 / 2 1,634 $800,000
Unit 307 3 / 2 2,055 $760,000
Unit 407 3 / 2 2,332 $700,000
Unit 506 2 / 2 1,537 $698,000
Unit 1705 2 / 2 1,537 $670,000
Unit 306 2 / 2 1,630 $650,000
Unit 306 2 / 2 1,537 $635,000
Unit 406 2 / 2 1,537 $628,000
Unit 705 2 / 2 1,537 $590,553

We can see from this chart all of the 32 x L’Hermitage condos Fort Lauderdale sold in 2018 – by unit, bedroom, square foot and then sales price.

 Kevin_Wirth_on_Galt_Ocean_Mile

I hope you have enjoyed my post on sales of L’Hermitage condos Fort Lauderdale for 2018 – Kevin Wirth Realtor.