View Sea Ranch Lakes North condo 5200 N Ocean Blvd Lauderdale by the Sea sold in 2017

Sea Ranch Lakes North Lauderdale by the Sea – 2017 Sales

Sea Ranch Lakes North
Lauderdale by the Sea
2017 Sales Summary

Here is our market update for Sea Ranch Lakes North Lauderdale by the Sea condos sold in 2017.

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
2017 Condo Sales

There were 12 sales of Sea Ranch Lake North Condos Lauderdale by the Sea in 2017 – this is up from 9 sales of Sea Ranch Lake North condos in 2016!

Our market analysis report for these 12 oceanfront sales is presented below:

BEDS / BATHS LA SP$
Min 1 / 1 1,000 $278,000
Max 3 / 2 1,700 $515,000
Avg 2 / 2 1,303 $406,292
Median 2 / 2 1,290 $408,750

We can see from this report the average sales price for a Sea Ranch Lakes North condo sold in 2017 was $406,292 – this being for a 2 bedroom 2 bathroom direct oceanfront unit of 1303 square feet.

We can also see that the median sales price for Sea Ranch Lakes North Lauderdale by the Sea condos sold in 2017 was $408,750 – this being for a 2 bedroom 2 bathroom direct oceanfront unit of 1290 square feet – the median sales price is up from 2016!

In 2016 the median sales price for Sea Ranch Lakes North condos Lauderdale by the Sea sold in was lower at $382,500 – this being for a 2 bedroom 2 bathroom direct oceanfront unit of 1200 square feet.

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Sea Ranch Lakes North Lauderdale by the Sea 2016 Sales

View 2 bedroom Sea Ranch Lakes North condo 5200 N Ocean Blvd Lauderdale by the Sea sold in 2017
2 bedroom Sea Ranch Lakes North condo 5200 N Ocean Blvd Lauderdale by the Sea sold 2017

Sea Ranch Lakes North
2107 Median Sales Prices
By Bedroom

Here is our market summary report showing median sales prices for Sea Ranch Lakes North Lauderdale by the Sea condos for 2017 – by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,000 $294,000 $294.00
2 / 2 1,330 $412,500 $321.00

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

1 Bedroom Sea Ranch Lakes condos Lauderdale by the Sea in 2017 was $294,000this being for a 1 bedroom 1 bathroom 1000 square foot unit with a sales price to square foot price of $294.00

In 2016 the median sales price for 1 Bedroom Sea Ranch Lakes condos Lauderdale by the Sea was higher at $300,000 – this 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 2017 was $412,500this being for a 2 bedroom 2 bathroom 1330 square foot unit with a sales price to square foot price of $321.00

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

There were no 3 bedroom Sea Ranch Lakes condo sold in 2017!

Sea Ranch Lakes North
Sales Price / Sq Ft Price 2017

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 2017

SP$/SqFt
Min $278.00
Max $387.00
Avg $316.00
Median $310.00

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 2017 was $310.00 per square foot – this is up from $304.00 in 2016!

Important to note is that highest square foot price paid at $387.00

Sea Ranch Lakes North
Days on Market 2017

Here is our market analysis report showing the “Days on Market” for Sea Ranch Lakes North condos sold in 2017

DOM
Min 8
Max 323
Avg 111
Median 63

We can see that the average days on market for Sea Ranch Lakes North condos sold in 2017 was 111 days – or just under 4 months!

We can also see from this report that the median days on market for Sea Ranch Lakes North condos sold in 2017 was just 63 days or just over 2 months!

It is important to note that this is well down from 131 days or just over 4 months in 2016!

Sea Ranch Lakes North
Sales Price / List Price 2017

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 2017

SP$/LP$
Min 85%
Max 98%
Avg 94%
Median 94%

We can see from this report that BOTH the average and median sales price to list price for Sea Ranch Lakes North condos sold  in 2017 was 94% this was down from a median of 95% in 2016!

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 94% if the list price or around $423,000!

Sea Ranch Lakes North
Lauderdale by Sea
Highest Sale 2017

Unit 607B in Sea Ranch Lakes North which sold for $515,000 was the highest sale of any condo sold here in Sea Ranch Lakes North Lauderdale by the Sea in 2017

Our market analysis report for this unit is presented below

BEDS / BATHS LA SP$
Unit 607B 2 / 2 1,330 $515,000

We can see from this report that unit 607B was a 2 bedroom 2 bathroom unit of 1330 square feet and sold for a sales price to square foot price of $387.00

Unit 607B is a spectacular oceanfront dream come true.

The condo offers a beautiful ocean view and has been professionally and completely renovated!

This Sea Ranch Lakes North condo features: polished Travertine tile floors and exotic granite surfaces throughout the home. The condo has elegant “custom marble” top vanities, high impact windows and doors and there is a washer and dryer inside the unit.

Other features include: new cabinets and counter tops, a new wine cooler and new stainless steel appliances. 

Unit 607B had 323 days on market and sold for 98% of its list price!