View Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon Condos

The Galleon
Galt Ocean Mile Condos
2020 Pricing Guide

Welcome to our May 2020 / June 2020 pricing guide for The Galleon Galt Ocean Mile Condos for Sale Fort Lauderdale.

Fort Lauderdale condos for sale here in The Galleon are highly sought afteras these direct oceanfront units are set right on the beach here on Galt Ocean Mile.

 

Search The Galleon Condos for Sale

 

At the time of writing this Blog there are 5 x Galleon Galt Ocean Mile condos for sale – a mix of 1 and 2 bedroom units.

There have been 9 units sold over the last 12 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 The Galleon – Important information for both buyers and sellers!

The Galleon
Galt Ocean Mile – Key Statistics
Galleon Condominium Apartments Inc Fort Lauderdale, Florida
Address: 4100 Galt Ocean Dr, Fort Lauderdale, FL 33308
  • List Prices from $420,000 – $880,000
  • Median List Price $500,000
    – 2 Bedroom 2 Bathroom Unit
  • Sales Prices from $280,000 – $950,000
  • Median Sales Price last 12 Months $395,000
    – 2 Bedroom 2 Bathroom Unit
  • Median Sales Price to Square Ft Price $284.00
  • Median Sales Price to List Price 94%
  • Median Days on Market 81 Days
View Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View Galt Ocean Mile condominium The Galleon 4100 Galt Ocean Drive Fort Lauderdale

The Galleon
Condos for Sale

There are currently 5 x The Galleon Galt Ocean Mile condos for sale here in Fort Lauderdale Florida.

Note: the number of Galleon Galt Ocean Mile condos for sale is down from the 8 condos in our last post!

Our market analysis for these 5 x Galt Ocean Mile oceanfront condos for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 1,370 $420,000
Max 2 / 2 2,350 $880,000
Avg 2 / 2 1,780 $573,600
Median 2 / 2 1,620 $500,000

We can also see from this report that the average price for Galleon condos currently for sale is $573,600 – this being for a 2 bedroom 2 bathroom 1780 square foot unit!

We can also see from this report that the median price for Galleon condos currently for sale is $500,000 – this being for a 2 bedroom 2 bathroom 1620 square foot unit down from our last 2 posts!

In our last post the median price for Galleon condos currently for sale was higher at $537,500 – this being for a 2 bedroom 2 bathroom 1620 square foot unit

In our prior post the median price for Galleon condos currently for sale was higher at $585,000 – this being for a 2 bedroom 2 bathroom 1620 square foot unit!

The Galleon Condos
New Listings

There has been no new listings of Galleon Galt Ocean Mile condos for sale over the last 30 days – This is the same as in our last post!

The Galleon Condos
Pending Sales

There are currently no units under contract or pending sale here at The Galleon Galt Ocean Mile – this is the same as in our last 3 posts!

View 2 bedroom Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale
View 2 bedroom Galt Ocean Mile condo for sale The Galleon 4100 Galt Ocean Drive

The Galleon
Median Prices by Bedroom

Here is our market summary report showing the median prices for Galleon Galt Mile condos currently for sale by Bedroom

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 1,370 $420,000 $307.00
2 / 2 1,780 $549,500 $309.00

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

1 Bedroom Galleon Galt Ocean Mile condos for sale is $420,000 – this being for a 1 bedroom 1 bathroom unit of 1370 square feet with a list price to square foot price of $307.00

2 Bedroom Galleon Galt Ocean Mile condos for sale is $549,500 – this being for a 2 bedroom 2 bathroom unit of 1780 square feet with a list price to square foot price of $309.00


Kevin Wirth Fort Lauderdale Realtor

Buying / Selling?
Call Me Today!

Kevin Wirth P.A. – Realtor
Galt Ocean Mile Specialist
kevinsellsmore@gmail.com
954-459-0337

Click here to email me now

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

View Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale recently sold - Unit 804
View Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive recently sold – Unit 804

The Galleon Condos
Recent Sales – Last 6 Months

There has been just 1 x The Galleon Galt Ocean Mile condo sold here in The Galleon over the last 6 months – this is down from 5 condos sold over the preceding 6 months as in our last post!

The market analysis report for this 1 x direct oceanfront unit is presented below.

BEDS / BATHS LA SP$
Unit 804 1 / 1 1,320 $375,000

We can see from this report that the sales price for the 1 x Galt Ocean Mile condo sold here in Galleon over the last 6 months – Unit 804 was $375,000this being for a 1 bedroom 1 bathroom unit of 1320 square feet with a sales price to square foot price of $284.00

Unit 804 is a recently renovated Galt Ocean Mile condo and offers “ultra luxury” finishes including new porcelain floors, renovated kitchen with brand new Samsung appliances, a washer / dryer and large walk-in closet.

The unit has Restoration Hardware vanities, high end hurricane impact windows / doors and a European inspired open kitchen. 

View Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive Fort Lauderdale sold last 12 months Unit 1012
View Galt Ocean Mile condo The Galleon 4100 Galt Ocean Drive sold last 12 months #1012

The Galleon Condos
Recent Sales – Last 12 Months

There have been 9 x The Galleon Galt Ocean Mile condos sold over the last 12 months – This is down from 14 sales over the preceding 12 months as in our last post!

The market analysis report for these 9 x direct oceanfront units is presented below.

BEDS / BATHS LA SP$
Min 1 / 1 1,280 $280,000
Max 3 / 2 2,740 $950,000
Avg 2 / 2 1,720 $520,167
Median 2 / 2 1,390 $395,000

We can see from this report that the average sales price for a Galt Ocean Mile condo sold here in Galleon over the last 12 months has been $520,167 – this being for a 2 bedroom 2 bathroom unit!

We can also see from this report that the median price for a condo sold here in Galleon over the last 12 months has been $395,000 – this also being for a 2 bedroom 2 bathroom unit!

In our last post the median price for a condo sold here in Galleon over the preceding 12 months was slightly higher at $397,500 – this also being for a 2 bedroom 2 bathroom unit!

The Galleon
Sales Prices by Bedroom

Here is our market summary report showing the median sales price for The Galleon Galt Ocean Mile condos sold over the last 12 months by bedroom.

BEDS / BATHS LA SP$ SP$/SqFt
1 / 1 1,300 $325,750 $253.00
2 / 2 1,470 $400,000 $284.00
3 / 2 2,740 $915,000 $334.00

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

  • 1 Bedroom condos sold in The Galleon is $325,750 – this being for a 1 bedroom 1 bathroom unit of 1300 square feet with a sales price to square foot price of $253.00. 
  • 2 Bedroom condos sold in The Galleon is $400,000 – this being for a 2 bedroom 2 bathroom unit of 1470 square feet with a sales price to square foot price of $284.00.
  • 3 Bedroom condos sold in The Galleon is $915,000 – this being for a 3 bedroom 2 bathroom unit of 2740 square feet with a sales price to square foot price of $334.00.  

Square Foot Prices
Condos Sold

Here is our market summary report showing square foot prices paid for ALL Galleon Galt Ocean Mile condos sold over the last 12 months.

SP$/SqFt
Min $219.00
Max $387.00
Avg $296.00
Median $284.00

We can see from this report that the median sales price to square foot price paid for a condo sold here in The Galleon over the last 12 months has been $284.00 per square foot!

It is important to note the highest square foot price paid at $387.00!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for The Galleon Galt Ocean Mile condos for sale – 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$/LP$
Min 85%
Max 97%
Avg 93%
Median 94%

We can see from this report that the median sales price to list price has been 94%

This means if a Fort Lauderdale condo for sale here in The Galleon is listed at $550,000 – then based on median sales data the condo could be expected to sell for 93% of that amount or $517,000.

Days on Market

Days on market for Galt Ocean Mile Condos for Sale in The Galleon is also an important indicator on how strong demand is for condos in this complex..

Here is the market analysis report for Days on Market based on condo sales over the last 12 months.

DOM
Min 5
Max 291
Avg 88
Median 81

We can see from this report that the median days on market at 81 days or just under 3 months

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

Kevin Wirth Realtor outside Galt Ocean Mile condominiums

Mt Thoughts / Summary

The Galleon Galt Ocean Mile condos are units in a great well run condominium – with very spacious units offering superb views and amenities.

Currently we have a great range of well priced Galt Ocean Mile condos for sale  here at The Galleon – especially 2 bedroom units!

Sales have been slow over the last 6 months with just 1 unit sold – however over the last 12 months there have been 9 units sold!

Sales and showing activity has slowed right down in The Galleon – due to the Corona Virus! 

I hope you have enjoyed reading my blog on Fort Lauderdale condos for sale here in The Galleon  – by Kevin Wirth Realtor