IN DEPTH COMMUNITY PROFILES
FORT LAUDERDALE
Coral Ridge, The Landings Coral Ridge and The Landings fared very well in 2012 with sales of waterfront homes doubling and average sales price increasing slightly. Non-waterfront homes also saw a huge increase in number of transactions with a slight increase in both average and median sales price and a substantial 20% decrease in average price per square foot.
Waterfront Properties
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
48
$1,050,176
$749,000
$322
2012
102
$1,100,288
$995,000
$326
Change
113%
5%
33%
1%
2011
Non-Waterfront Properties
2616 Northeast 34 Street, Fort Lauderdale Offered at $699,000
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
2011
35
$556,157
$525,000
$230
2012
114
$570,676
$535,000
$185
226%
3%
2%
-20%
Change
FORT LAUDERDALE
Bay Colony One of the most exclusive addresses in the area, Bay Colony is one of only two guard gated waterfront communities in Fort Lauderdale. This luxury enclave features wide, deep protected interior canals with no fixed bridges, lush landscaping along its streets, and estate style homes boasting deepwater dockage for avid boaters. In 2011, 4 homes sold and in 2012 that number increased to 6. Interestingly enough, average and median sales prices also both increased significantly.
Waterfront Properties
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
2011
4
$1,112,500
$1,112,500
$319
2012
6
$2,000,000
$2,025,000
$313
50%
80%
82%
-2%
Change
O N E S O T H E B Y S R E A L T Y. C O M
TRENDS I
15