Sea Ranch Lakes North Lauderdale by the Sea – 2016 Sales

Sea Ranch Lakes North
Lauderdale by the Sea
2016 Sales Summary

Here is our market update for Sea Ranch Lakes North Lauderdale by the Sea condos sold in 2016.

Sea Ranch Lakes North 5200 N Ocean Blvd Lauderdale by the Sea condos are direct oceanfront condos set right on the beach here in Lauderdale by the Sea and just up from the famous Galt Ocean Mile.

Sea Ranch Lakes North
Condo Sales 2016

There were 9 sales of Sea Ranch Lake North Condos Lauderdale by the Sea in 2016.

Our market analysis report for these 9 oceanfront sales is presented below:

$$ BEDS/BATHS LA SP$
Min 1 / 1 1000 $300,000
Max 2 / 2 1450 $475,000
Avg 2 / 2 1207 $373,125
Median 2 / 2 1200 $382,500

We can see from this report the average sales price for a Sea Ranch Lakes North condo sold in 2016 was $373,126 – this being for a 2 bedroom 2 bathroom direct oceanfront unit of 1207 square feet.

We can also see that the median sales price for Sea Ranch Lakes North condos Lauderdale by the Sea sold in 2016 was $382,500this being for a 2 bedroom 2 bathroom direct oceanfront unit of 1200 square feet.

Aerial view Sea Ranch Lakes North next to Sea Ranch Club
Aerial view Sea Ranch Lakes North next to Sea Ranch Club A,B & C in Lauderdale by the Sea

Sea Ranch Lakes North
2106 Median Sales Prices
By Bedroom

Here is our market summary report showing median sales prices for Sea Ranch Lakes North condos Lauderdale by the Sea for 2016 – by bedroom.

BEDS/BATHS LA SP$ SP$/SqFt
1 / 1 1000 $300,000 $300.00
2 / 2 1200 $400,000 $319.00

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

1 Bedroom Sea Ranch Lakes condos Lauderdale by the Sea in 2016 was $300,000this being for a 1 bedroom 1 bathroom 1000 square foot unit with a sales price to square foot price of $300.00

2 Bedroom Sea Ranch Lakes condos Lauderdale by the Sea in 2016 was $400,500this being for a 2 bedroom 2 bathroom 1200 square foot unit with a sales price to square foot price of $319.00

Sea Ranch Lakes North
Sales Price / Sq Ft Price 2016

Here is our market analysis report showing the “Sales Price to Square Foot Price” for Sea Ranch Lakes North condos sold here in Lauderdale by the Sea in 2016

$$ SP$/SqFt
Min $224.00
Max $396.00
Avg $308.00
Median $304.00

We can see from this report that the median sales price to square foot price paid for a Sea Ranch Lakes North condo sold in 2016 was $304.00 per square foot.

Important to note is that highest square foot price paid at $396.00

Sea Ranch Lakes North
Days on Market 2016

Here is our market analysis report showing the “Days on Market” for Sea Ranch Lakes North condos sold in 2016

$$ DOM
Min 1
Max 430
Avg 150
Median 131

We can see that the average days on market for Sea Ranch Lakes North condos sold in 2016 was 150 days – or just on 5 months!

We can also see from this report that the median days on market for Sea Ranch Lakes North condos sold in 2016 was 131 days or just over 4 months!

Sea Ranch Lakes North
Sales Price / List Price 2016

Here is our market analysis report showing the “Sales Prices to List Prices” for Sea Ranch Lakes North oceanfront condos sold here in Lauderdale by the Sea in 2016

$$ SP$/LP$
Min 91%
Max 101%
Avg 95%
Median 94%

We can see from this report that the average sales price to list price for Sea Ranch Lakes North condos sold  in 2016 was 95%

We can also see that the median sales price to list price was 94%

This means that if a Sea Ranch Lakes condo for sale Lauderdale by the Sea was listed at $450,000 – then based on MLS data this unit could be expected to sell for 95% if the list price or around $423,000!

View most expensive Fort Lauderdale oceanfront condo sold in Sea Ranch Lakes North in 2016 - Unit 1408B
View most expensive condo sold in Sea Ranch Lakes North in 2016 – Unit 1408B

Sea Ranch Lakes North
Highest Sale 2016

Unit 1408B in Sea Ranch Lakes North which sold for $475,000 was the highest sale of any condo sold here in Sea Ranch Lakes in 2016

Our market analysis report for this unit is presented below

BEDS/BATHS LA SP$ SP$/SqFt
2 / 2 1200 $475,000 $396.00

We can see from this report that unit 1408B was a 2 bedroom 2 bathroom unit of 1200 square feet and sold for a sales price to square foot price of $396.00

Unit 1408B is a remodeled direct oceanfront condo with panoramic views of the beach and ocean from all rooms and from the balcony.

The unit features: an updated kitchen with granite counter-tops and bathrooms, a “Washer” linear fireplace, impact windows and doors, real wood floors and Travatine floors

Unit 1408B had 54 days on market and sold for just over 100% of its list price of $474,666!