Tim Jones's (ccrfll) Blog

By
Real Estate Broker/Owner - Coast Counties Realty

ARCHIVED BLOG POSTS

2011 

0 Comments
With no closed sales in October and the average of the three pending sales 23% and 40% below the trailing 24-month LIVing and LOT Area Closed Sale Price averages, property value continues to erode in Rio Vista (Dry), Fort Lauderdale’s first subdivision.  The current 28 properties listed for sale ...
11/16/2011
Since the breathtaking 72% plunge from the December 2007 historical high ($656/LIVsqft) through June 2008, property value has settled mainly in a range between $200-$300/LIVsqft.  The average value of the 37 closings during the past 24 is $240/LIVsqft; the average of the 15 closings during the pa...
11/15/2011
While closings dwindled during the past five months (June 7, July 6, August 5, September 2, October 0), closed sale prices declined from June ($157/LIVsqft) to September ($110), and one of September’s two closed sales ($80) tested the six-year low of $63 made July 2010.  Closed sale prices have d...
11/14/2011
FT LAUD RANK NEIGHBORHOOD SALES TRAIL 24 MONTHS...CLOSED SALES:  Vic Park TH 97, Vic Park SFH (South) 52, Rio Vista SFH (Dry) 51, Vic Park SFH (North) 41, Hendricks/Venice C/TH 37.PRICE (AVG): Hendricks/Venice C/TH $698,652, Rio Vista SFH (Dry) $589,635, Vic Park SFH (South) $433,576, Vic Park TH...
11/09/2011
  PENDING SALES: Vic Park TH 7, Vic Park SFH (South) 5, Rio Vista SFH (Dry) 3, Vic Park SFH (North) 3, Hendricks/Venice C/TH 3.INVENTORY:  Vic Park TH 42, Rio Vista SFH (Dry) 28, Vic Park SFH (South) 23, Hendricks/Venice C/TH 14, Vic Park SFH (North) 10.PRICE (AVG):  Hendricks/Venice C/TH $1,246,...
11/09/2011
With only four closed sales in October, Rio Vista, Victoria Park and Hendricks Isle/Isle of Venice drifted into the Doldrums.  The Doldrums, a dreadful low-pressure area when trade winds vanish--sometimes for weeks--leads either to balmy breezes, or to squalls, thunderstorms or even hurricanes.  ...
11/07/2011
Rainer
26,699

TimJones

local_phone(954) 767-0886
smartphone(954) 235-8466
Contact The Author