Tim Jones

Property value on a Closed Sale Price per Living Area basis ($/LIVsqft) has continued increasing since the July 2010 historical low ($62.79/LIVsqft). The historical high was March 2006 ($632.17). The average of the ten March closed sales is $142.27; the average of the eight in April is $159.55. One town home sold in May for $207.99/LIVsqft ($625,000). The 20 pending sales average $171.51; discounts have dwindled to less than 10% in the last three months. The average closed sale price during the last six months ($151.77) is below the 24 month average ($156.43); conversely, the last six months average price ($359,517) is slightly higher than the 24 month average, ($358,379). Among the 28 current listings (average $241.31/LIVsqft, $652,318), none is priced below market (24, 12, and six month closed sale price averages). New listing prices are trending higher. While market activity during the last six months is good (48 listings, 30 closings), in May four town homes were listed for sale and only one sold.
Get the details... http://www.coastcountiesrealty.com/Reports/VPTH1.htm

FLL Deal du Jour Las Olas Pied de Terre 1/1/1 Lovely Remodel $124,500
http://southfloridamls.com/Pub/EmailView.asp?r=1843313323&s=FLL&t=FLL

FLL Deal du Jour Terrific Eastside Remodeled 3/2 Large Lot $325,000...
http://southfloridamls.com/Pub/EmailView.asp?r=533374804&s=FLL&t=FLL

FLL Deal du Jour Victoria Park 3/2 Sixties Classic Deep Lot $299,000...
http://southfloridamls.com/Pub/EmailView.asp?r=915699046&s=FLL&t=FLL

Waterfront property value in Nurmi Isles took a breathtaking 85% plunge from the July 2009 historical high, $59,375/WFft to last April's historical low, $8,889. But the four additional waterfront properties sold in April-average $30,773/WFft-made a nice recovery. No properties are pending sale, and of the 13 current listings (average $31,254/WFft), four are priced under the trailing-24 month average closed sale price (per waterfront foot). Market Activity has increased during the past six months: ten new listings and nine closings. Get the details... http://www.coastcountiesrealty.com/Reports/NI1.htm