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When people buy homes in Las Olas Isles in Ft. Lauderdale, they’re moving to a quiet and peaceful community. What they don’t realize is that Las Olas Isles real estate is known for its location for another reason.
Attractions close to Las Olas Isles include Bonnet House Museum & Gardens, Museum of Art, Hugh Taylor Birch Park and a deep sea fishing expedition on the Jungle Queen Riverboat.
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Las Olas Isles is close to Ft. Lauderdale, which is one of the best cities for fine dining in the state of Florida, if not the entire east coast. After you complete your Las Olas Isles real estate search, be sure to explore and enjoy one of the nearby restaurants.
If you enjoy the social scene and dining out, then searching for homes in Las Olas Isles is an excellent idea.
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The historical low made last January ($9,500/Waterfront Foot) has been tested twice since-in March ($9,787) and again last month ($10,560). The last closed sale in April ($28,000/WFft) and the average of the last list prices of the two pending sales ($15,098) suggest a near bottom in Las Olas Isles. While closed sales trends continue declining in terms of price and per living area and per lot area, the average of the two April closed sales is considerably higher than the 24, the 12 and the six month averages in terms of closed price per waterfront foot, closed price, closed price per living area, and closed price per lot area. Market activity is fair; during the last six months: 17 properties have been listed for sale, and eight properties have been sold. For new listings in the last six months, the trend is higher in terms of price, price per waterfront feet and price per lot area and lower for price per living area. Eight of the 25 current listings are listed under closed sale market averages.
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