Tim Jones's (ccrfll) Blog

During the past 20 months Las Olas Grand closed sale prices ranged between $300 and $400/square foot; however, with the sale in September at $222/square foot-the historical low-the bottom may have been reached at Fort Lauderdale's premier downtown condo.  Both October's sales closed higher ($356 ...

October's only sale at Fort Lauderdale's Symphony Condominium ($170.85) closed at the lowest price per living area ($/LIVsqft) since last April's historical low ($159.50).  Market activity is strong; currently, six sales are pending (average $196.60/LIVsqft), and in October ten condos were listed...

October's two condo sales closed higher than September's historical low ($113.24/LIVsqft), barely ($142.23 and $116.45/LIVsqft).  Currently, seven sales are pending (average last list price, $146.28/LIVsqft).  There are 18 current listings-half with list prices less than the average closed sale p...

Since the high in November 2007 ($761.96/LIVsqft), Las Olas Grand condo prices have perhaps reached the bottom ($221.79/LIVsqft) last September.  Both condos sold in October closed off the bottom, averaging $308.32/LIVsqft.  No sales are pending.  25 condos are available for sale, averaging $423....