A TALE OF TWO VICTORIA PARKS (SOUTH AND NORTH)

By
Real Estate Broker/Owner with Coast Counties Realty

When property value is reduced to location, dividing Victoria Park at NE 6th Street seems natural; South orients to Downtown, Federal Highway and Las Olas; North orients to Holiday Park, Sunrise Boulevard and Galleria Mall.  While the historical high values (for single family homes) in both the South ($748/LIVsqft) and the North ($718/LIVsqft) occurred in March 2006, the historical low occurred in the North (March 2010, $73/LIVsqft) a year earlier than the historical low in the South (March 2011, $101/LIVsqft).  The 56 closed sales during the trailing 24 months in the South average $247/LIVsqft; in the North the average closed sale price of the 39 sales is $191/LIVsqft.  The 24 current listings in the South average $314/LIVsqft, and in the North, the current 16 listings average $243/LIVsqft. 

Get the details…
Victoria Park South:  http://www.coastcountiesrealty.com/Reports/VPSFS.htm
Victoria Park North:  http://www.coastcountiesrealty.com/Reports/VPSFN.htmVictoria Park Fort Lauderdale

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