B
roward County's condo market saw a significant surge last week, driven by Four Seasons Residences Fort Lauderdale. Brokers closed 126 sales totaling $43.3 million from September 22nd to 29th, up from the previous week's 73 sales worth $20.2 million. The average sale price rose to $343,326, compared to $276,614 the prior week, while the average price per square foot increased to $275 from $261.
The top 10 sales ranged from $700,000 to $3.7 million. Unit 1604 at Four Seasons Residences Fort Lauderdale led with a nearly $3.7 million closing, selling for $1,764 per square foot after 237 days on the market. The second-highest sale was unit 2504 at Jackson Tower Las Olas, which closed for $1.3 million or $688 per square foot.
Here's a breakdown of the top 10 sales:
* Most Expensive: Four Seasons Residences Fort Lauderdale, unit 1604 ($3.65M, $1,764 psf)
* Least Expensive: Costa Hollywood, unit N526 ($700,000)
* Highest Price Per Square Foot: Four Seasons Fort Lauderdale, unit 1604 ($1,764 psf)
* Lowest Price Per Square Foot: Legends at Weston Hills, unit 16-4 ($356 psf)
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