Tim Jones's (ccrfll) Blog

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Real Estate Broker/Owner - Coast Counties Realty

ARCHIVED BLOG POSTS

2010 

During the past eighteen months, each of the 12 properties in Nurmi Isles sold above the June 2009 historical low of $9,205/Waterfront Foot ($782,400 closed sale price).  Not including the July 2009 sale ($59,375/WFft and $5,937,500 closed sale price), the remaining 11 sales averaged $17,433/WFft...
12/29/2010
With the two closed sales last August and September, the bottom may have been reached in the Las Olas Isles.  From the five-year market top reached in February 2007 ($41,690/Waterfront Foot), property value on a waterfront foot basis ($/WFft) fell to $9,750 in August and $10,000 in September.  Oc...
12/23/2010
With the two closed sales last August and September, the bottom may have been reached in the Las Olas Isles.  From the five-year market top reached in February 2007 ($41,690/Waterfront Foot), property value on a waterfront foot basis ($/WFft) fell to $9,750 in August and $10,000 in September.  Oc...
12/23/2010
A year after reaching its historical high ($710/sqft) in May 2008, Las Olas Beach Club property value declined more than 50% ($336/sqft).  Value reached another historical low 16 months later in September 2009 ($321), and with last August's low ($320) a bottom may have been reached.  While the mo...
12/07/2010
During the past 20 months Las Olas Grand closed sale prices ranged between $300 and $400/square foot; however, with the sale in September at $222/square foot-the historical low-the bottom may have been reached at Fort Lauderdale's premier downtown condo. Both October's sales closed higher ($356 a...
12/06/2010
During the past 20 months Las Olas Grand closed sale prices ranged between $300 and $400/square foot; however, with the sale in September at $222/square foot-the historical low-the bottom may have been reached at Fort Lauderdale's premier downtown condo.  Both October's sales closed higher ($356 ...
12/02/2010
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