Regency Tower South
Fort Lauderdale
Search Regency Tower South Condos
Fort Lauderdale condos for sale here in Regency Tower South offer direct oceanfront units set right on the Galt Ocean Mile Beachfront.
Currently there are 9 condos for sale here in Regency Tower South Fort Lauderdale
1 unit is under contract and pending sale and 6 condo units have been sold 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 over the last 6 months!
We also compare recent sales in Regency Tower South to 2014 sales. Important information for both buyers and sellers!
Key Statistics for Buyers / Sellers
- Prices from $269,000 – $495,000
Median Prices
- Median List Price $319,500
– for a 1 bedroom unit
- Median Sales Price last 6 Months $273,500
- Median Sales to List Price 95%
- Days on Market 118 Days
Regency Tower South
Condos for Sale
The market analysis report for the Galt Ocean Mile condos currently for sale is presented below.
| $$ | Beds/Baths | SF/FF | List Price |
| High | 2 / 2 | 1,853 | $495,000 |
| Low | 1 / 1 | 1,187 | $269,900 |
| Avg | 1 / 1 | 1,548 | $363,133 |
| Med | 1 / 1 | 1,787 | $319,500 |
We can see from this report that the median price for a Fort Lauderdale condo for sale in Regency Tower South is $319,500 – much the same as in our last report.
In our last report for February / March the median price for a condo for sale in Regency Tower South was $319,750.
Regency Tower South
Prices by Bedroom
Here is the market summary report for Regency Tower South condos for sale – showing median prices by bedroom.
| Beds/Baths | SF/FF | List Price | LP$/SqFt |
| 1 / 1 | 1,187 | $305,000 | $257 |
| 2 / 2 | 1,820 | $439,450 | $246 |
We can see from this report that the median price for:
- 1 bedroom units is $305,000 – this being for a 1 bedroom 1 bathroom unit of 1187 square feet with a list price to square foot price of $257.00
- 2 bedroom units is $439,450 – this being for a 2 bedroom 2 bathroom unit of 1820 square feet with a list price to square foot price of $246.00
Regency Tower South
New Listings
There has been no new listings of condos for sale here in Regency Tower South Fort Lauderdale over the last 30 days
Regency Tower South
Pending Sales
There is currently 1 condo under contract and pending sale here in Regency Tower South
The market analysis report for this unit is presented below.
| Beds/Baths | SF/FF | List Price | Days on Market |
| 2 / 2 | N/A | $299,900 | 34 |
We can see from this report:
- Unit 110 a 2 bedroom 2 bathroom unit listed for $299,900 with is now pending sale. Unit 110 is a large two bedroom condo that features impact windows, substantial closet space, and a washer/dryer hookup. There is ample parking for residents and guests .
This unit is pending sale with just 34 days on market
Buying / Selling?
Call Me Today!
Kevin Wirth – Realtor
954-459-0337
Search Galt Ocean Mile Condos for Sale
View Galt Ocean Mile New Listings
Regency Tower South
Sales Last 6 Months
There have been 6 x Galt Ocean Mile condos sold in the Regency Tower South condominium over the last 6 months.
The market analysis report for these condo sales is presented below
| $$ | Beds/Baths | SF/FF | Sale Price |
| High | 3 / 2 | 2,323 | $540,000 |
| Low | 1 / 1 | 1,187 | $247,000 |
| Avg | 1 / 1 | 1,471 | $322,167 |
| Med | 1 / 1 | 1,187 | $273,500 |
We can see from this report that the median sales price over the last 6 months has been $273,500 – this being for a 1 bedroom 1 bathroom unit.
Square Foot Prices
Condos Sold
Here is our market summary report showing square foot prices paid for Fort Lauderdale Condos sold in Regency Tower South over the last 6 months.
| $$ | SP$/SqFt |
| High | $246 |
| Low | $211 |
| Avg | $226 |
| Med | $224 |
We can see from this report that the median sales price to square foot price paid for a Regency Tower South condo sold over the last 6 months has been $224.00 per square foot.
Important to note is the highest price paid at $246.00
% Sales to List Price
An important real estate indicator is how much buyers are paying for Fort Lauderdale Condos for sale here in Regency Tower South – we can gauge this based on the percentage of sales price to list price paid by buyers.
The market analysis report for this is presented below
| $$ | SP$/LP$ |
| Avg | 79% |
| Med | 95% |
We can see from this report that the median sales price to list price for Fort Lauderdale condo here in Regency Tower South has been 95%
This means if a Fort Lauderdale condo for sale here in Regency Tower South is listed at $300,000 – then based on median sales data the condo would sell for 95% of that amount or $285,000 – based on MLS data!
Days on Market
Days on market for Condos for Sale in Regency Tower South is an important indicator of demand for units in this complex.
Here is the market analysis report for Days on Market based on condo sales over the last 6 months.
| $$ | Days on Market |
| Avg | 102 |
| Med | 118 |
We can see from this report that the average days on market for a Fort Lauderdale condo for Sale in Regency Tower South is 102 days
More importantly is the median days on market at just 118 days
Days on market is the time from when the condo was listed for sale till the condo sold AND closed.
My Thoughts / Summary
We have a strong inventory of condos for sale here in Regency Tower South – giving buyers a good choice of units and range of prices.
The last 6 months has seen a recovery in square foot prices after some softening.
Square foot sales prices for all 2014 sales are presented below.
| $$ | SP$/SqFt |
| Avg | $223 |
| Med | $218 |
From a median of $218.00 per square foot for all of 2104 – the median for the last 6 months has risen to $224.00 – a small but important increase of $6.00 per square foot.
I like Regency Tower South and personally think if your looking for a direct oceanfront condo then you should add this complex to your short list – especially if your looking at 1 and 2 bedroom units!
I hope you have enjoyed my post on Regency Tower South
Fort Lauderdale Condos for sale
Kevin Wirth – Realtor