Las Olas Grand September Bottom

By
Real Estate Broker/Owner with Coast Counties Realty

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 and $279/square foot).  There are no pending sales, and while the 25 current listings average $423/square foot, the three most recent listings average $329/square foot.

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