It will not be a year that many in real estate will soon forget, but as the year came to a close we did start to see many good signs on the horizon. Please understand that a good sign does not mean we started to see prices moving dramatically in any direction. Good signs mean that we started to see signs of a normalizing market where buyers and sellers were more on an even playing field. A market where we could call both sides winners in the deal.
To help people understand the Fort Lauderdale market I thought it would be enlightening to look at the last 5 condominium sales of 2009 and the last single family home sales of 2009.
Today I will list the beach area condominium sales and over the next few entries will discuss each in more depth. If you are thinking of purchasing a condo in Fort Lauderdale reading about these recent sales should help you understand the market a bit better.
Please also remember we are always here to help.
Illini Tower 545 S Fort Lauderdale Beach Blvd. 2/2 Listed $450,000 Sold $395,000
Portofino 77 S Birch Rd. 2/2/1 Listed $429,000 Sold $425,000
Point of Americas 2100 S Ocean Lane 2/2 Listed $399,000 Sold $325,000
Birch Crest Condo 336 N Birch Road 2/2 Listed $397,500 Sold $300,000
Atlantic Towers 1920 South Ocean Drive 2/2 Listed $249,000 Sold $180,000
