View of Playa Del Mar - Fort Lauderdale FL

Playa Del Mar Condos for Sale

Playa Del Mar Condos for Sale
Fort Lauderdale

Welcome to our June / July 2014 Blog on Playa Del Mar Condos for Sale here on Galt Ocean Mile / Fort Lauderdale

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At the time of writing this Blog there are 6 condos for sale here at Playa Del Mar on Galt Ocean Mile  – 2 of these are new listings.

There are currently 4 units pending sale and there have been 2 recent sales – sales over the last 90 days.

We discuss units for sale and review recent sales data including sales prices and pricing per sq ft below.

Ocean Views from this Galt Ocean Mile condo here in Playa Del Mar

Playa Del Mar Condos for Sale
June / July 2014

The market analysis report for Playa Del Mar Condos for sale Fort Lauderdale is presented below.

Pricing #Beds #FBaths SF/FF ListPrice LP$/SqFt
High 1 1 1,209 $375,000 $345
Low 1 1 1,088 $279,000 $231
Average 1 1 1,148 $325,633 $284
Median 1 1 1,148 $319,450 $286

 

This report shows us that average price for a condo for sale here in Playa Del Mar is $325,633 and the median price is $319,450.

Important to note is that both the average and median prices are down from our last report – this is due to the impact of pending sales discussed below leaving only 1/1 units for sale in Playa Del Mar.

Pricing Guide $319,900 – $375,000

Playa Del Mar offers some of the most sought Galt Ocean Mile condos for sale.

Prices in Playa Del Mar range from $319,900 to $375,000 being for 1 bedroom 1 bathroom units of between 1148 square feet through to 1209 square feet.

Ocean view from a condo here in Playa Del Mar

Playa Del Mar New Listings

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There have been 2 new listings in Playa Del Mar

The market analysis report for these new listings is presented below.

Condo #Beds #FBaths SF/FF ListPrice LP$/SqFt
Unit808 1 1 1,209 $319,000 $264
Unit109 1 1 1,209 $279,000 $231
Average 1 1 1,209 $299,000 $247
Median 1 1 1,209 $299,000 $247

 

We can see from this report the data on the 2 new listings here in Playa Del Mar:

  •  a 1 bedroom 1 bathroom unit  – unit 808 has been listed for sale at $319,000
  • a 1 bedroom 1 bathroom unit – unit 109 has been  listed for sale at $279,000

We can also see that both the median and each new listing’s list price to square foot price which ranges from $231.00 – $264.00

Playa Del Mar Condos for Sale
Pending Sales

There are currently 4 condos in Playa Del Mar that are under contract and are pending sale.

The market analysis report for these 4 units is presented below.

Condos #Beds #FBaths SF/FF ListPrice LP$/SqFt DoM
Unit 417 3 2 2,124 $849,900 $400 213
Unit2802 2 2 1,435 $515,000 $306 3
Unit1003 2 2 1,435 $439,000 $306 2
Unit 315 2 2 1,435 $369,900 $258 2
Average 2 2 1,664 $543,450 $321 73
Median 2 2 1,435 $477,000 $306 39

 

We can see from this report that there is 1 x 3 bedroom unit under contract and 3 x 2 bedroom units under contract and pending sale.

Again it is important to note are the list price to square foot prices – which range from $258.00 to $400.00.

Also important to note is the DoM or Days on Market – which for some units have been just 2-3 days – very fast indeed!

Playa Del Mar Condos
Recent Sales Analysis

In this next section we look at recent sales in Playa Del Mar – sales over the last 90 days as well as sales over the last 12 months.

Playa Del Mar – Sales Last 90 Days

There have been 4 recent sales in of Playa Del Mar Condos for Sale – sales over the last 90 days.

Condo #Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ DoM
Unit2002 2 2 1,435 $575,000 $401 96.64 125
Unit2716 2 2 1,435 $450,000 $314 93.75 7
Average 2 2 1,435 $512,500 $357 95.19 66
Median 2 2 1,435 $512,500 $357 95.19 66

 

We can see from this report that the median sales price for a unit sold in the last 90 days here in Playa Del Mar was $512,500 with a median sales price to square foot price of $357.00.

The median days on market is also important to note at 66 days – or just over 2 months – again very fast!

Days on Market is how long a listing takes to sell from the time it was listed for sale – till it sold AND closed – this is a useful gauge for both buyers AND sellers.

 Playa Del Mar – Sales Last 12 Months

Here is an over view of Galt Ocean Mile condo sales over the last 12 months here in Playa Del Mar as at time of writing.

Pricing #Beds #FBaths SF/FF SalePrice SP$/SqFt SP$/LP$ DoM
High 2 2 1,771 $575,000 $401 99 445
Low 1 1 1,088 $255,000 $215 85.28 2
Average 2 2 1,431 $387,600 $270 92.38 140
Median 2 2 1,435 $410,000 $255 91.94 91

 

We can see from this report that the average price paid for a unit here in Playa Del Mar has been $387,600 and the median price paid has been $410,000.

In our last report the average price paid was $366,778 and the median price paid has been $395,000.

Both the average and median prices in this and our last report are based on 2 bedroom 2 bathroom condos.

Again it is important to note the sales price to square foot prices – for which the highest price paid has been $401.00 and the median price paid has been $255.00.  

I hope you have enjoyed this post on Playa Del Mar Condos for Sale Fort Lauderdale – Kevin Wirth Realtor