View from one of the Playa del Sol condos for sale Fort Lauderdale

Playa Del Sol Condos

Playa Del Sol Condos
Fort Lauderdale

Welcome to my October / November 2016 Blog on Playa Del Sol condos for sale Fort Lauderdale

Playa del Sol is a direct oceanfront complex set here on the famous Galt Ocean Mile

Search Playa Del Sol Condos for Sale 

 

At the time of writing this Blog there are 8 oceanfront condos for sale at Playa Del Sol – of these 4 are new listings!

There are currently 7 units pending sale and there have been 8 sales recorded in the MLS over the last 6 months.

In this post we discuss units for sale, new listings, pending sales and also recent sales prices, sales prices by bedroom & sales prices per sq ft. 

We also discuss how long units are taking to sell (called days on market) – and how much buyers are paying for units (sales prices to list price %) as well as the highest prices paid for units over the last 6 months!

We also compare recent sales trends in Playa del Sol – Important information for both buyers and sellers!

Key Statistics for Buyers / Sellers
  • Prices from $289,900 – $949,000
  • Median List Price $449,250
    – 2 Bedroom  / 2 Bathroom Unit 

Median Sales Data

  • Sales Price last 6 Months $455,000
     2 Bedroom 2 Bathroom Unit
  • Median Sales to List Price 96%
  • Days on Market 94 Days 
View Playa del Sol condominium here on Galt Ocean Mile
View Playa del Sol condominium here on Galt Ocean Mile

Playa Del Sol
Condos for Sale

There are 8 x Fort Lauderdale oceanfront condos for sale here in Playa Del Sol – this is well down from 12 condos for sale in our last post for August / September 2016.

Our market analysis report for these superb Galt Ocean Mile condos for sale in presented below.

 $$ Beds/Baths SF/FF List Price
High 3 / 2 2,124 $949,000
Low 1 / 1 1,088 $289,900
Avg 2 / 2 1,416 $475,275
Med 2 / 2 1,322 $449,250


This report shows us that the average price for a condo here in Playa del Sol is $475,275 and the median price is $449,250
 

In our last post for the average price for a condo here in Playa del Sol was $518,208 and the median price is $522,700

In our prior post for the average price for a condo here in Playa del Sol was $567,933 and the median price was $579,950

It is important to note that median prices for Playa del Sol condos for sale have softened – down by over $130,000! 

View of Playa del Sol condominium here on Galt Ocean Mile Fort Lauderdale
View of Playa del Sol condominium here on Galt Ocean Mile Fort Lauderdale

Playa Del Sol
Prices by Bedroom

Another useful guide is to look to median prices for condos for sale here in Playa del Sol based on the number of bedrooms.

Our market summary report for condos for sale in Playa del Sol by bedroom is presented below

Beds/Baths SF/FF List Price LP$/SqFt
1 / 1 1,209 $332,450 $290
2 / 2 1,435 $499,900 $348
3 / 2 2,124 $949,000 $447

We can see from this report that the median prices for:

  • 1 Bedroom Playa del Sol condos for sale is $332,450 – this being for a 1 bedroom 1 bathroom unit of 1209 square feet with a list price to square foot price of $290.00 – In our last post the median for 1 Bedroom units for sale was slightly higher at $335,000 – this being for a 1 bedroom 1 bathroom unit of 1209 square feet with a list price to square foot price of $278.00
  • 2 Bedroom Playa del Sol condos for sale is $499,900 this being for a 2 bedroom 2 bathroom unit of 1435 square feet with a list price to square foot price of $348.00 – In our last post the median for 2 Bedroom units for sale was much higher at $602,500 – this being for a 2 bedroom 2 bathroom unit of 1603 square feet with a list price to square foot price of $356.00
  • 3 Bedroom Playa del Sol condos for sale is $949,000 this being for a 3 bedroom 2 bathroom unit of 2124 square feet with a list price to square foot price of $447.00 – In our last post the median for the 1 x 3 Bedroom unit for sale was the same at $949,000 – this being for a 3 bedroom 2 bathroom unit of 2124 square feet with a list price to square foot price of $447.00
View from a 1 bedroom oceanfront condo just listed for sale in Playa del Sol
View from a 1 bedroom oceanfront condo just listed for sale in Playa del Sol

Playa Del Sol Condos
New Listings – Last 30 Days

There has been 4 new listings for condos for sale here in Playa Del Sol over the last 30 days

This is well up from the 2 new listings as in our last post!

Our market summary report for each of these new listings is presented below

Condo  Beds/Baths SF/FF List Price
Unit1015 2 / 2 1,435 $499,999
Unit2115 2 / 2 1,435 $499,500
Unit1008 1 / 1 1,209 $339,900
Unit 414 1 / 1 1,088 $325,000

We can see from this report the details for each new listing:

  • Unit 1015 a 2 bedroom unit has just been listed for sale for $499,999this 2 bedroom 2 bathroom 1435 square foot unit has a list price to square foot price of $348.00.  This Galt Ocean Mile condo has a remodeled kitchen and bathrooms and there is a washer and dryer in the unit.
  • Unit 2115 a 2 bedroom unit has just been listed for sale for $499,500this 2 bedroom 2 bathroom 1435 square foot unit also has a list price to square foot price of $348.00.  This Galt Ocean Mile condo has magnificent views of ocean and Intracoastal.  The units kitchen and bathrooms updated and the condo has Granite counters and wood floors.
  • Unit 1008 a 1 bedroom unit has just been listed for sale for $339,900this 1 bedroom 1 bathroom 1209 square foot unit has a list price to square foot price of $281.00.  This Galt Ocean Mile condo has a beautiful redone eat-in kitchen with GE appliances, granite counter tops, and tile floors.   There is a washer and dryer in the unit.
  • Unit 414 a 2 bedroom unit has just been listed for sale for $325,000this 1 bedroom 1 bathroom 1088 square foot unit has a list price to square foot price of $348.00.  This Galt Ocean Mile condo has North East ocean views.   The kitchen offers newer appliances and a pass-through to the dining/living area. This unit is a large one bedroom with plenty of storage.

 

Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth – Realtor
954-459-0337

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Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings

 

View Fort Lauderdale condo pending sale in Playa del Sol - Unit 2712
View Fort Lauderdale condo pending sale in Playa del Sol – Unit 2712

Playa Del Sol Sales

In this section of this post we take time to review pending sales and sales over the last 6 months.

Playa Del Sol
Pending Condo Sales

There are currently 7 condos under contract and pending sale here at Playa Del Sol

This is up from 5 condos pending sale as in our last post!

The market analysis report for these Galt Ocean Mile condo units pending sale in Playa Del Sol is presented below.

$$  Beds/Baths SF/FF List Price
High 2 / 2 1,821 $649,000
Low 1 / 1 1,088 $310,000
Avg 2 / 2 1,580 $465,414
Med 2 / 2 1,771 $474,900

We can see from the summary market report above that the median price for a unit currently pending sale here in Playa del Sol is $474,900 – this being for a 2 bedroom 2 bathroom unit of 1796 square feet with a list price to square foot price of $284.00

In our last post the median price for a unit currently pending sale here in Playa del Sol was $469,000 – this being for a 2 bedroom 2 bathroom unit of 1796 square feet with a list price to square foot price of $284.00

Condos Pending Sale
Summary Report

Here is our summary report showing the data for each of the 7 x Playa del Sol condos currently pending sale.

Condo  Beds/Baths SF/FF List Price
Unit 510 2 / 2 1,821 $649,000
Unit 507 2 / 2 1,771 $595,000
Unit 206 2 / 2 1,821 $499,000
Unit 611 2 / 2 1,771 $474,900
Unit2205 1 / 1 1,153 $395,000
Unit1414 1 / 1 1,088 $335,000
Unit 108 1 / 1 1,209 $310,000

We can see the data for each of these units as well as the most expensive unit currently pending sale.

The most expensive Playa del Sol unit currently pending sale is condo unit 507 which is listed for sale for $595,000this 2 bedroom 2 bathroom 1771 square foot unit has a list price to square foot price of $356.00

Superb views from this Playa del Sol condo here on Galt Ocean Mile
Superb views from this Playa del Sol condo here on Galt Ocean Mile in Ft Lauderdale

Playa Del Sol
Sales Last 6 Months

Here is the market analysis report for the 8 x Playa Del Sol condo sales over the last 6 months

In our last post there had been 6 condos that has been sold over the preceding 6 months.

$$  Beds/Baths SF/FF Sale Price
High 3 / 2 2,100 $875,000
Low 1 / 1 1,088 $328,000
Avg 2 / 2 1,586 $493,378
Med 2 / 2 1,771 $455,000

We can see from this report that the average sales price for a unit here on Playa Del Sol has been $493,378 and the median price has been $455,000 this being based on a 2 bedroom 2 bathroom unit.

In our last post the average sales price for a unit here on Playa Del Sol was $465,000 and the median price has been $405,000 – this being based on a 1 bedroom 1 bathroom unit.

We have been seeing a slow but steady increase in median sales price for Playa del Sol condos here on Galt Ocean Mile!

Playa Del Sol
Sales Prices by Bedroom

Another useful guide is to look to median prices for condos sold here in Playa del Sol based on the number of bedrooms.

Our market summary report for sales prices for condos sold here in Playa del Sol by bedroom is presented below.

Beds/Baths SF/FF Sale Price SP$/SqFt
1 / 1 1,120 $335,000 $316
2 / 2 1,796 $470,000 $265
3 / 2 2,100 $746,438 $352

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

  • 1 Bedroom units sold over the last 6 months has been $335,000 this being for a 1 bedroom 1 bathroom unit of 1120 square feet with a list price to square foot price of $316.00 – In our last post the median for 1 Bedroom units sold over the preceding 6 months was lower at $310,000 – this being for a 1 bedroom 1 bathroom unit of 1088 square feet with a list price to square foot price of $286.00
  • 2 Bedroom units sold over the last 6 months has been $470,000 this being for a 2 bedroom 2 bathroom unit of 1796 square feet with a list price to square foot price of $265.00 – In our last post the median for 2 Bedroom units sold over the preceding 6 months was higher at $485,000 – this being for a 2 bedroom 2 bathroom unit of 1771 square feet with a list price to square foot price of $270.00
  • 3 Bedroom units sold over the last 6 months has been $746,438 – this being for a 3 bedroom 2 bathroom unit of 2100 square feet with a list price to square foot price of $352.00 – In our last post the median for 3 Bedroom units sold over the preceding 6 months was higher at $875,000 – this being for a 3 bedroom 2 bathroom unit of 2140 square feet with a list price to square foot price of $409.00

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Fort Lauderdale Condos sold in Playa del Sol over the last 6 months.

$$  SP$/SqFt
High $409
Low $242
Avg $302
Med $294


We can see from this report that the median sales price to square foot price paid for a Playa del Sol condo sold over the last 6 months has been $294.00 per square foot

It is important to note that this is well up from $280.00 in our last post!

Also important to note is the highest price paid at $409.00

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale Condos for sale here in Playa del Sol – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

$$  SP$/LP$
Avg 94%
Med 96%

We can see from this report that the average sales price to list price for a condo for sale in Playa del Sol  has been 94%

Important to note is the median sales price to list price at 96% – which is down from 98% in our last 2 posts!

This means if a Fort Lauderdale condo for sale here in Playa del Sol is listed at $500,000 – then based on median sales data the condo could be expected to sell for 96% of that amount or $480,000.

Days on Market

Days on market for Condos for Sale in Playa del Sol is an important indicator on how strong demand is for Fort Lauderdale condos for sale in this complex..

Here is the market analysis report for Days on Market based on condo sales over the last 6 months.

$$  Days on Market
Avg 109
Med 94

We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Playa del Sol is 109 days – much the same as in our last post

More importantly is the median days on market at 94 days or just over 3 months  – well down from 128 days in our last post!

Days on market is the time from when the condo was listed for sale till the condo sold AND closed.

Playa del Sol
Condo Sales Itemized

Here is the data for each of the condos sold over the last 6 months here in Playa del Sol

Condo  Beds/Baths SF/FF Sale Price
Unit2501 3 / 2 2,140 $875,000
Unit1501 3 / 2 2,100 $617,875
Unit 306 2 / 2 1,820 $500,000
Unit1111 2 / 2 1,771 $470,000
Unit1210 2 / 2 1,821 $440,000
Unit1515 1 / 2 1,435 $335,000
Unit2712 1 / 1 1,153 $381,150
Unit2114 1 / 1 1,088 $328,000

We can see from this report the details for each condo sold – including the most expensive sale over the last 6 months, which was for unit 2501 a 3 bedroom condo which sold for $875,000

Unit 2501 was a 3 bedroom 2 bathroom 2140 square foot condo that had a sales price to square foot price of $409.00

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

My Thoughts / Summary

Playa del Sol is one of the Iconic Galt Ocean Mile condos – and the complex offers great amenities and a prime direct oceanfront location.

Currently we have a great range of condos for sale.

We have had a lot of sales activity in the complex – with 7 units pending sale and 8 sales over the last 6 months.

Condos for sale here in Playa del Sol offer great views and a great value! 

I hope you have enjoyed my post on Fort Lauderdale condos for sale here in Playa Del Sol – Kevin Wirth Realtor.