las olas river house fort lauderdale: RIVER HOUSE RANGE
- 08/18/11 05:13 AM
During the past year, the 33 closed sales at Las Olas River House ranged between $207 and $336/LIVsqft and averaged $272/LIVsqft. The historical high ($610/LIVsqft) occurred in April 2006; the low ($163) was made in August 2009. Since May, discounts (from last list price) have dwindled to between one and seven percent. The six pending sales average $341/LIVsqft, and of the current 15 listings (average $446) only three are priced under market: Condo 1505 @ $258; Condo 2104 @ $230, and; Condo 306 @ $256. in February the four new listings averaged $352/LIVsqft; the five in June averaged $360. http://www.coastcountiesrealty.com/Reports/RH1.htm … (0 comments)
las olas river house fort lauderdale: LAS OLAS RIVER HOUSE: STEADY APPRECIATION, DWINDLING DISCOUNTS
- 03/18/11 07:18 AM
Property value has steadily appreciated and discounts have commensurately dwindled since the discounted 68%-sale of Condo 3210 made the historical low ($163/LIVsqft) in August 2009-a 73% plunge from the historical high ($610) made in April 2006. While the average closed sale price during the past six months (19 sales, $483,605) is lower than the 24-month average (63 sales, $614,211), the average closed sale price per living area during the past six months ($276) is higher than the 24-month average ($270). Currently, seven sales are pending (average $289); and of the 22 condos listed for sale (average $411), only one is priced … (2 comments)
During the past year, the 33 closed sales at Las Olas River House ranged between $207 and $336/LIVsqft and averaged $272/LIVsqft. The historical high ($610/LIVsqft) occurred in April 2006; the low ($163) was made in August 2009. Since May, discounts (from last list price) have dwindled to between one and seven percent. The six pending sales average $341/LIVsqft, and of the current 15 listings (average $446) only three are priced under market: Condo 1505 @ $258; Condo 2104 @ $230, and; Condo 306 @ $256. in February the four new listings averaged $352/LIVsqft; the five in June averaged $360. http://www.coastcountiesrealty.com/Reports/RH1.htm
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