realestate

Broward Condo Sales See Modest Gain in October at $210 Million

Broward Condo Sales Rise Slightly in October, Totaling $210 Million.

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roward County's October condo sales and dollar volume saw slight increases compared to September. The total sales value reached $210 million, surpassing the previous month's $209 million. Brokers closed 636 sales last month, up from 630 in September but down from 824 in August, according to Redfin's Multiple Listing Service data.

    Median sale prices ranged from $55,600 to $3.9 million, with a median of $230,000. The price per square foot varied between $77 and $1,339, with a median of $234. In September, the median sale price was $241,000, and the price per square foot was $247.

    The priciest sale in October was unit 29A at 2000 Ocean, selling for $3.9 million after 22 days on the market. The sale closed at $1,339 per square foot. In contrast, unit 305 at Las Vistas sold for $55,600, with a price per square foot of $77.

    Here's a breakdown of October's notable condo sales:

    * Most Expensive: 2000 Ocean, unit 29A in Hallandale Beach ($3.9 million, $1,339 psf)

    * Least Expensive: Las Vistas, unit 305 in Lauderhill ($55,600, $77 psf)

    * Newest: Casa Murano, unit 3-S in Fort Lauderdale ($3.45 million, $1,110 psf)

    * Oldest: Seventeen Fifty Las Olas, unit 601 in Fort Lauderdale ($420,000, $382 psf)

Broward County condominium sales increase modestly to $210 million in October.