Avocado Isle’s May closed sale ($12,692/WFft) breached the previous historical high reached April 2006 on Mango Isle ($11,923/WFft).  The historical low, $2,867/WFft) was made January 2010 on Avocado Isle as well.  As in several other waterfront neighborhoods, the tide has turned in the Citrus Isles to a seller’s market from a buyer’s market.  The average of the nine closed sales of the trailing six-months ($6,766/WFft) is 15% higher than the 23 closed sales of the trailing 24 months ($5,753/WFft).  In fact, the average of May’s seven closed sales ($7,923/WFft) is 27% above the average of the trailing 24 months.  Details... http://www.coastcountiesrealty.com/Reports/CI1.htm 07/02/2012

Of the 17 waterfront properties sold in the Citrus Isles since the January 2010 historical low ($2,867/WFft) only two properties have closed below $4,000/WFft; and the average of these 17 sales ($5,304/WFft) is 45% higher than the historical low.  The three pending sales average $5,968/WFft, discounts continue to dwindle, and of the current 14 listings (average $7,326/WFft) only four properties are priced below the post-historical low-average.  Now property value has a long way to go to get back to the historical high--$15,227/WFft) made in August 2008--but market activity has been fair during the past six months: 11 new listings, seven closings.  Details at... http://www.coastcountiesrealty.com/Reports/CI1.htm 01/12/2012

Three of the seven waterfront properties sold during the past six months closed in August, and the average of the three ($4,858/WFft) is a 41% increase from the January 2010 historical low ($2,867/WFft).  The seven pending sales average $5,773/WFft, and of the current 15 listings (average $7,406/WFft), only three are priced under market (Citrus $4,997, Orange $5,053, Tangelo $4,431).  While property value continues declining the slope has become shallower, indicating a bottom is near.  Get the details at...  http://www.coastcountiesrealty.com/Reports/CI1.htm 09/12/2011

FLL Deal du Jour 75' On The Water No Fixed Bridges 3/2 Citrus $365,000...http://southfloridamls.com/Pub/EmailView.asp?r=1513731396&s=FLL&t=FLL   04/29/2011

Waterfront 65' Classic Citrus Isles Bungalow $308,000...http://southfloridamls.com/Pub/EmailView.asp?r=1402818982&s=FLL&t=FLL   03/29/2011