IN DEPTH COMMUNITY PROFILES
FORT LAUDERDALE
Rio Vista, Lauderdale Harbors
Waterfront Properties
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
2011
14
$1,424,600
$1,375,750
$332
2012
14
$1,773,107
$1,218,750
$441
Change
0%
24%
-11%
33%
An exclusive community close to downtown Fort Lauderdale, Rio Vista boasts no bridge access to the ocean - a boater’s dream come true! Total number of sales remained the same both years for waterfront homes, which saw a 24% increase in average sales price.Transactions for non-waterfront homes increased significantly with a small 7% increase in average sales price. Foreclosures for non-waterfront properties increased slightly, representing 9% of sales in 2012 compared to 7% in 2011.
Non-Waterfront Properties
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
2011
27
$560,889
$500,000
$249
2012
44
$601,736
$460,000
$259
63%
7%
-8%
4t%
Change
901 Southeast 7 Street, Fort Lauderdale Offered at $1,295,000
FORT LAUDERDALE
Hillsboro Beach This enclave of waterfront homes remains stable in the number of the transactions and shows an outstanding raise in property value of 36% for both average and sold prices.
Waterfront Properties
1063 Hillsboro Mile #508, Hillsboro Beach Offered at $1,650,000 32
I TRENDS
Single Family Homes
# of Transactions
Average Sales Price
Median Sales Price
Average $ / Sq Ft
2011
2
$5,950,000
$5,950,000
$773
2012
2
$8,075,000
$8,075,000
$796
0%
36%
36%
3%
Change
O N E S O T H E B Y S R E A L T Y. C O M