Tim Jones's (ccrfll) Blog

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Real Estate Broker/Owner - Coast Counties Realty

ARCHIVED BLOG POSTS

2011 

CLOSINGS LAST 24 MONTHS: Waverly 66, Symphony 60, River House 59, Watergarden 44, Las Olas Grand 33, Las Olas Beach Club 26. CLOSINGS LAST 12 MONTHS: Symphony 34, Waverly 33, River House 33, Watergarden 19, Las Olas Grand 18, Las Olas Beach Club 12. CLOSINGS LAST 6 MONTHS: Symphony 17, Waverly 14...
08/23/2011
CLOSINGS LAST 24 MONTHS: Waverly 66, Symphony 60, River House 59, Watergarden 44, Las Olas Grand 33, Las Olas Beach Club 26. CLOSINGS LAST 12 MONTHS: Symphony 34, Waverly 33, River House 33, Watergarden 19, Las Olas Grand 18, Las Olas Beach Club 12. CLOSINGS LAST 6 MONTHS: Symphony 17, Waverly 14...
08/23/2011
While the 33 closed sales during the past 24 months as well as the 18 closed sales during the past 12 months average $335/LIVsqft, the average of the 12 sales during the past six months—$355—show six percent condo value appreciation.  Although last September’s historical low ($222) is 71% off the...
08/22/2011
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During the past year, the 33 closed sales at Las Olas River House ranged between $207 and $336/LIVsqft and averaged $272/LIVsqft.  The historical high ($610/LIVsqft) occurred in April 2006; the low ($163) was made in August 2009.  Since May, discounts (from last list price) have dwindled to betwe...
08/18/2011
DO—last November’s historical low ($148/LIVsqft); RE—January’s closed sale ($259); MI—July’s closing ($304) shows Symphony Condo value scaling higher—a 52% FA SOL LA from the May 2006 historical high ($631).  While the average of the six pending sales ($204) predict a RE—not a DO—NONE of the 13 c...
08/16/2011
While last January’s historical low ($222/LIVsqft) continues to hold, the average sale price of the 10 closed sales during the past six months (318/LIVsqft) show the decline in Watergarden condo values easing to (a) bottom.  The average sale price of the 44 closed sales during the past 24 months:...
08/09/2011
What happens in the downtown condo market—highs, shorts, REOs, lows—happens first at The Waverly—the first and most populated of the five newer Fort Lauderdale downtown condos.  Since December 2009 values—on a Closed Price/Living Area basis ($/LIVsqft) have stayed right around $150/LIVsqft, and i...
08/03/2011
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