realestate

Broward Condo Sales Leader AquaBlu Tops Weekly Market

Broward County condo sales and dollar volume decline in second week of January.

C
ondo sales and dollar volume declined in Broward County during the second week of January. From Jan. 5 to Jan. 12, brokers closed 76 condo sales totaling $24.8 million, a decrease from the previous week's 100 sales worth $34.5 million. The average sale price dropped to $326,342, down from $344,588 in the prior week. However, the average price per square foot increased to $281 from $271.

    The top 10 condo sales ranged from $490,000 to $2.2 million. Unit 1201 at AquaBlu topped the list with a $2.2 million closing after 270 days on market, selling for $681 per square foot. The second-highest sale was unit 3804 at 100 Las Olas, which closed for $1.6 million or $857 per square foot after 146 days.

    Here's a breakdown of the top 10 sales:

    * Most Expensive: AquaBlu, unit 1201 in Fort Lauderdale ($2,175,000, $681 psf)

    * Least Expensive: Catania PH02 in Hollywood ($490,000, $490 psf)

    * Highest Price Per Square Foot: 100 Las Olas, unit 3804 in Fort Lauderdale ($1,600,000, $857 psf)

    * Lowest Price Per Square Foot: Olympus, unit 118 in Hallandale Beach ($527,500, $296 psf)

AquaBlu condo building in Broward County, Florida, real estate market leader.