View of Ocean Summit Fort Lauderdale

Ocean Summit Condos Fort Lauderdale

Ocean Summit Condos for Sale
Galt Ocean Mile

Search Ocean Summit Condos for Sale

Ocean Summit is a wonderful Galt Ocean Mile condominium.

Currently there are 4 condos for sale and 2 condos Pending Sale here in Ocean Summit here in Fort Lauderdale FL.

In this post we review units for sale, pricing, pending sales, recent sales and sales prices by bedroom and sq ft.

View of the Sun Deck and Pool at Ocean Summit

Ocean Summit Condos for Sale

The market analysis report for the 4 x Ocean Summit condos for sale is presented below.

Condos #Beds #FBaths SF/FF ListPrice LP$/SqFt
Unit1403 3 2 1,625 $600,000 $370
Unit1203 3 2 1,625 $599,000 $369
Unit 815 1 1 1,625 $339,000 $369
Unit 215 1 1 1,620 $309,000 $369
Average 2 1.5 1,622.5 $461,750 $369
Median 2 1.5 1,622.5 $469,000 $369

 

We can see from this report that the average price for Galt Ocean Mile condo for sale in Ocean Summit is $461,750 – and the median price is $469,000.

Both the average and median prices are down from our last report – In our last report the median price was $599,000.

Ocean Summit
New Listings

There has been 1 new listing in Ocean Summit Fort Lauderdale in the last 30 days.

The market analysis report for this new condo listing is presented below.

Condo #Beds #FBaths SF/FF ListPrice LP$/SqFt
Unit 215 1 1 0 $309,000 0

 

We can see from this report that the new listing is unit 215 which is a 1 bedroom 1 bathroom unit – this unit has been listed for sale at $309,000.

Pool and Ocean views from the sun deck at Ocean Summit

 

Ocean Summit Condos Fort Lauderdale
Pending & Recent Sales

Ocean Summit – Pending Sales

There is currently 2 condos pending sale here on Ocean Summit.

The market analysis report for this unit is presented below.

Condo #Beds #FBaths SF/FF ListPrice LP$/SqFt
Unit1707 2 2 1,900 $475,000 $250
Unit 801 2 2 1,400 $340,000 $243
Median 2 2 1,650 $407,500 $246

 

We can see from this report that Unit 1707 is currently pending sale along with unit 801. 

Important to note is the closeness of list price to square foot price for these two units with a median of $246.00 per square foot.

Ocean Summit – Condo Sales Last 90 Days

There have been no closed sales of condos here in Ocean Summit in the last 90 days.

Ocean Summit – Sales Last 12 Months

There have been 10 condos sold in Ocean Summit over the last 12 months.

The market analysis report for these sales is presented below.

Pricing #Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ DoM
High 2 2 1,400 $420,100 $323 100.26 193
Low 1 1 850 $210 $0 0.1 3
Average 2 2 1,087 $247,193 $224 88.25 88
Median 2 2 1,100 $253,500 $243 95.49 75

 

We can see from this report that the average price for a condo sold in Ocean Summit has been $247,193 and the median price has been $253,193.

Both the average and median price are based on 2 bedroom 2 bathroom units of between 1,087 and 1,100 square feet.

Important to note is the median price paid per square foot which has been $243.00

Also important to note is that both the average and median days on market (DoM) have been just 75 days!

Ocean Summit Sales Last 12 Months
Median Prices by Bedroom

The market analysis report for Galt Ocean Mile condos sold in Ocean Summit over the last 12 months by bedroom is presented below.

#Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ DoM
1 1 850 $215,000 $238 94.47 76
2 2 1,100 $282,000 $243 98.75 74

 

We can see from this report that the median price for a 1 bedroom unit has been $215,000 and the median price has been $282,000.

Important to note is the closeness of the sales price to square foot price at between $238.00 and $243.00.

Also important to note is the median Day on Market at just 74 – 76 days.

I hope you have enjoyed reading my post on Ocean Summit Condos
Fort Lauderdale – Kevin Wirth – Realtor.