realestate

Broward condo sales slump as Auberge Beach closes

Broward County condo sales and dollar volume increase in third week of January.

C
ondo sales in Broward County surged in the third week of January, with 119 units sold for a total of $42.6 million from January 12 to 19. This marks an increase from the previous week's 76 condo sales totaling $34.5 million. The average sale price rose to $357,750, up from $326,342 in the prior week.

    The top 10 sales ranged from $850,000 to $2.9 million, with Unit N704 at Auberge Beach Residences taking the top spot at $2.9 million. This sale closed at $1,517 per square foot after 53 days on market. The second-highest sale was Unit 401 at Aquazul for $2.6 million.

    Here's a breakdown of the top 10 sales:

    * Most Expensive: Auberge Beach Residences, unit N704 ($2.875M, $1,517 psf)

    * Least Expensive: Sea Ranch Club, unit 1118 ($850,000, $436 psf)

    * Highest Price Per Square Foot: Auberge Beach Residences, unit N704 ($2.875M, $1,517 psf)

    * Lowest Price Per Square Foot: Sea Ranch Club, unit 1118 ($850,000, $436 psf)

Broward condo sales decline with Auberge Beach Resort's closure in Fort Lauderdale.