C
ondo sales in Broward County saw a surge last week, with brokers closing 111 deals totaling $33.5 million from October 13th to 20th. This marks an increase from the previous week's 70 sales worth $20.6 million. The average sale price rose to $302,175, up from $294,649 in the prior week.
According to Redfin data, the average price per square foot increased to $276 from $253. The top 10 sales ranged from $575,000 to $1.7 million, with Unit 505 at Sabbia Beach taking the top spot at $1.7 million after 131 days on the market. This sale closed at $940 per square foot.
Unit 1701 at 100 Las Olas in Fort Lauderdale came in second, selling for $1.6 million or $678 per square foot after 67 days on the market. The top 10 sales are highlighted below:
* Most Expensive: Sabbia Beach, unit 505 ($1.7M, $940 psf)
* Least Expensive: Villa Madrid, unit 17 ($575,000, $383 psf)
* Highest Price Per Square Foot: Sabbia Beach, unit 505 ($1.7M, $940 psf)
* Lowest Price Per Square Foot: The Palms at Weston, unit 483 ($590,000, $370 psf)
realestate
Broward Condo Sales Slump Amid Sabbia Beach Closure
Broward County Condo Sales See Rise in Volume and Price per Square Foot
Read More - realestate
realestate
Buyer found for Robin Williams' previous Seacliff residence
Seacliff home of Robin Williams sells after a year on the market
Read More - realestate
realestate
Potential for Development in Far North Side with Broadway Upzoning
Zoning proposal aims to transform Broadway on Chicago's Far North Side
Read More
realestate
Murano at Portofino Condo Owners Approve $60M Special Assessment Phase Two
Luxury South Beach condo owners face $27.2M assessment for repairs