realestate

Broward Condo Market Slumps as Beach Club II Closes Top Sales

Broward County condo sales surge with 73 deals totaling $20.19M last week.

C
ondo sales in Broward County saw a surge last week, with brokers closing 73 deals worth $20.19 million from September 15th to 22nd. This is a significant increase from the previous week's 54 sales totaling $13.9 million. The average sale price rose to $276,614, up from $257,589 the week before.

    According to Redfin data, the average price per square foot also increased slightly to $261 from $260. The top 10 sales ranged from $433,000 to $1.4 million, with Unit LP4911 at Beach Club II taking the top spot at $1.4 million. This sale closed at $888 per square foot after 69 days on the market.

    The second-highest sale was Unit 412 at Pilot House, which sold for $759,000 or $384 per square foot. Here's a breakdown of the top 10 sales:

    * Most Expensive: Beach Club II, unit LP4911 ($1.4 million, $888 psf)

    * Least Expensive: Galt Ocean Terrace, unit 1802 ($433,000, $420 psf)

    * Highest Price Per Square Foot: Beach Club II, unit LP4911 ($1.4 million, $888 psf)

    * Lowest Price Per Square Foot: Vineyards of Plantation, unit 9152 ($455,000, $258 psf)

Broward condo market decline with Beach Club II's top sales closure.