RIVER HOUSE LAS OLAS: SUPPORT @ $200/LIVsqft

By
Real Estate Broker/Owner with Coast Counties Realty

River House Las Olas Fort Lauderdale

Since the August 2009 Historical Low ($169/LIVsqft), Closed Sale Prices per LIVing Area dipped below $200 only once (March 2010) and bounced off $200 six times.  These 65 closed sales average $276/LIVsqft and $599,855.  Recently however sales have slowed: 10 sales from June through September; one sale October and November.  Currently, five condos are pending sale and of the 11 condos listed for sale, only one is priced below the trailing 24-month (moving) average Closed Sale Price/LIVing Area.  Get the details... http://www.coastcountiesrealty.com/Reports/RH1.htm

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