seven isles fort lauderdale: SEVEN ISLES STILL SINKING
- 07/10/12 02:08 AM
Property value continues sinking in Seven Isles. The August 2011 historical low ($6,974/WFft) was tested last March ($7,600/WFft) and again in May ($8,554/WFft). The historical high ($66,667/WFft) was made in September 2007. The average of the 14 closed sales during the trailing six-months (16,080/WFft) is 8% below the trailing 24-month average ($17,512). In terms of closed price, the trailing six-month average ($1,781,333) is 12% below the trailing 24-month average ($2,027,968). Of the four isle neighborhoods intersecting Las Olas Boulevard, only Nurmi Isle property value has turned up. Currently in Seven Isles, no properties are pending sale and of the 21 listings (1 comments)