BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS
SINGLE-FAMILY HOME MARKET 2017 Q1
WATERFRONT HOMES
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
52
66
27%
AVERAGE SALES PRICE
$2,006,284
$2,568,189
28%
AVERAGE LIVING AREA
3,818
4,131
8%
AVERAGE PRICE/SF
$409
$622
52%
174
184
6%
# OF TRANSACTIONS
AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q1 2016
Q1 2017
% CHANGE
724
714
-1%
AVERAGE SALES PRICE
$404,288
$501,930
24%
AVERAGE LIVING AREA
2,228
2,521
13%
AVERAGE PRICE/SF
$141
$199
41%
67
98
46%
# OF TRANSACTIONS
AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: 900 SW 5 Place, Fort Lauderdale
©MMXVII 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.
BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS
SINGLE-FAMILY HOME LUXURY SEGMENT The top 50% of each market by Average Home Price
2017 Q1
WATERFRONT HOMES
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
26
33
27%
AVERAGE SALES PRICE
$2,921,731
$3,974,318
36%
AVERAGE LIVING AREA
5,046
5,415
7%
AVERAGE PRICE/SF
$579
$734
27%
236
160
-32%
# OF TRANSACTIONS
AVERAGE D.O.M.
NON-WATERFRONT HOMES
Q1 2016
Q1 2017
% CHANGE
357
349
-2%
AVERAGE SALES PRICE
$580,679
$713,336
23%
AVERAGE LIVING AREA
2,838
3,269
15%
AVERAGE PRICE/SF
$205
$218
7%
74
120
62%
# OF TRANSACTIONS
AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: 615 Lido Drive, Las Olas Isles
©MMXVII 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.
BROWARD’S MOST EXCLUSIVE NEIGHBORHOODS
CONDO MARKET 2017 Q1
WATERFRONT CONDOS
M A R K E T U P D AT E
Q1 2016
Q1 2017
% CHANGE
% OF SAMPLE TRADED
2.4%
2.9%
21%
AVERAGE SALES PRICE
$1,141,214
$1,047,226
-8%
AVERAGE LIVING AREA
2,150 SF
2,113 SF
-2%
$531
$525
-1%
98
86
-12%
AVERAGE PRICE/SF AVERAGE D.O.M.
FOR MORE GUIDES AND REPORTS, PLEASE VISIT ONESOTHEBYSREALTY.COM/REPORTS. To access our full 2017 TRENDS report, please visit onesothebysrealty.com/trends. Neighborhoods analyzed: page 3 / Detailed methodology: page 66
Pictured: The Ritz-Carlton Residences – #2203, Fort Lauderdale
©MMXVII 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.