Fort Lauderdale Year to Date Sales Volume by Neighborhood

Last weeks post about Fort Lauderdale Beach condo for sale inventory generated a number of calls and emails.  Most of the questions were specific to neighborhood sales volumes.  As a result, I'd like to share some year to date sales volume data with you today.  The number of sales in a given neighborhood will provide a type of heat map.  It's going to be very easy to see which neighborhoods are seeing a lot of activity right now, and which ones have exhibited sluggish sales year to date.

I will start with the area's closest to 595 (the airport) and work north.  I'm going to stay east of 95 as always, and work my way up to Commercial Boulevard.

Edgewood (north of 595, south of State Road 84, west of Federal Highway)

  • Single Family Home Sales Count = 9
  • Condominium / Townhouse Sales Count = 1

Croissant Park / River Oaks / Shady Banks (north of state road 84, south of Davie Blvd, west of the railroad tracks)

  • Single Family Home Sales Count = 32
  • Condominium / Townhouse Sales Count = 7

Harbor Beach / Harbor Inlet (east of the 17th street bridge / north to Las Olas Blvd)

  • Single Family Home Sales Count = 9
  • Condominium / Townhouse Sales Count = 49

Rio Vista / Rio Vista Isles / Lauderdale Harbors (north of 17th, east of Federal Highway, south of the intracoastal)

  • Single Family Home Sales Count = 19
  • Condominium / Townhouse Sales Count = 18

Las Olas Isles

  • Single Family Home Sales Count = 23
  • Condominium / Townhouse Sales Count = 26

Tarpon River / Riverside Park / Sailboat Bend (north of Davie Blvd, south of Broward Blvd, west of SW 4th Ave)

  • Single Family Home Sales Count = 27
  • Condominium / Townhouse Sales Count = 28

Downtown Fort Lauderdale (east of SW 4th Ave, west of Federal highway, south of Broward Blvd, north of SE 7th St)

  • Single Family Home Sales Count = 0
  • Condominium / Townhouse Sales Count = 71

Flagler Village (north of Broward Blvd, south of Sunrise Blvd, east of the railroad tracks, west of Federal Highway)

  • Single Family Home Sales Count = 0
  • Condominium / Townhouse Sales Count = 9

Dorse Riverbend / Durrs / Progresso Vilalge (north of Broward Blvd, south of Sunrise Blvd, west of the railroad tracks)

  • Single Family Home Sales Count = 7
  • Condominium / Townhouse Sales Count = 15

Victoria Park / Collee Hammock (south of Sunrise Blvd, north of the intracoastal, east of Federal Highway)

  • Single Family Home Sales Count = 25
  • Condominium / Townhouse Sales Count = 59

Fort Lauderdale Beach / Galt Ocean (north of Las Olas Blvd, south of Commercial Blvd, east of the intracoastal)

  • Single Family Home Sales Count = 12
  • Condominium / Townhouse Sales Count = 221

Lake Ridge / Poinsettia Heights (north of Sunrise Blvd, south of the waterway, east of the tracks)

  • Single Family Home Sales Count = 30
  • Condominium / Townhouse Sales Count = 9

Middle River Terrace (north of Sunrise Blvd, south of waterway, east of NW 9th Ave, west of railroad tracks)

  • Single Family Home Sales Count = 33
  • Condominium / Townhouse Sales Count = 19

Wilton Manors / Coral Shores (west of Federal Highway, south of Oakland Park Blvd)

  • Single Family Home Sales Count = 62
  • Condominium / Townhouse Sales Count = 66

Oakland Park / Coral Heights (east of 95, west of Federal Highway, south of Commercial Blvd, north of Oakland Park Blvd)

  • Single Family Home Sales Count = 73
  • Condominium / Townhouse Sales Count = 26

Old Coral Ridge / Country Club Estates (east of Federal Highway, north of Sunrise Blvd, south of Commercial Blvd)

  • Single Family Home Sales Count = 47
  • Condominium / Townhouse Sales Count = 53

Well that was exhaustive!  Some of the data really stands out.  Consider the geographic area that makes up Victoria Park.  It's not huge.  There have been 59 sales of condo/ townhome units year to date.  That's enormous considering size of Victoria Park.  The number is even more impressive when you consider the bulk of those sales were townhomes that are going to run at a higher price point.

Downtown Fort Lauderdale continues to draw interest.  The 71 sales are spread out over a small handful of buildings.  Living close to a city center is important for a number of buyers, Candace and I were in that group of people.  As Fort Lauderdale evolves I continue to find value in the buildings close to the Downtown core area.

No real surprise, the beach area's continue to outpace others.  Prices continue to firm up in condominium buildings close to, or on the beach sand.  I don't see a pull back set to take place in oceanfront unit pricing, I believe those gains are real and here to stay.  You're dealing with a unique product with a finite supply, oceanfront.

Wilton Manors and Oakland Park are selling at a blistering pace!  Those are proportionally huge sales numbers.  The fact of the matter is those area's have a number of homes which are affordable.  Other area's which have starting prices of $500,000 are going to sell at a slower pace than the price points we commonly see in Oakland Park or Wilton Manors.

Speaking of area's that start at $500,000 take a look at Coral Ridge.  The single family home sale count in Coral Ridge is very strong.  If you're in the $500,000+ price range and are looking for a home on a decent sized lot, Coral Ridge is a must!  Apparently I'm not the only one that feels that way.

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I work as a Realtor in Southeast Fort Lauderdale. If you’re interested in buying or selling a home, condominium, or townhouse (townhome) in: Rio Vista, Victoria Park, Downtown Fort Lauderdale, Fort Lauderdale Beach, Sailboat Bend, Tarpon River, Croissant Park, Collee Hammock, Wilton Manors, Poinsettia Heights, Coral Ridge, or Las Olas Isles, please feel free to contact me at (786)443-7203 or through my email caseyprindle@gmail.com. I am a Realtor that works on Saturdays in order to accommodate those with busy schedules.

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Written By Casey Prindle