2016 Q3 Reports Browards Condos

Page 1

BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS

CONDO MARKET 2016 Q3

WATERFRONT CONDOS

M A R K E T U P D AT E

Q3 2015

Q3 2016

% CHANGE

% OF SAMPLE TRADED

1.5%

2.7%

80%

AVERAGE SALES PRICE

$981,342

$739,286

-25%

AVERAGE LIVING AREA

1,961 SF

1,737 SF

-11%

$501

$426

-15%

159

168

6%

AVERAGE PRICE/SF AVERAGE D.O.M.

FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2016 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 5

Pictured: 615 Bayshore Drive, #PH701, Fort Lauderdale

©MMXVI ONE Sotheby’s International Realty, licensed real estate broker. Sotheby’s International Realty® is a licensed trademark to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. Each Office is Independently Owned and Operated. Statistics provided by Integra Realty Resources – Miami\Palm Beach. The information contained herein is deemed accurate but not guaranteed.


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