Within 2010, from January – September 30, 2010, there were 9,492 purchases of Single Family Homes in Broward County with purchase prices that were under $500,000, as recorded in the MLS and Property Tax Records.
Within the same 9 month period of time, 918 Single Family Homes were purchased in a purchase price range of $500,000 – $10,800,000, so Homes that are purchased for prices of $500,000 and above are in the top 10% of purchase prices in our local Real Estate Market.
During the first 9 months of 2009, 831 Single Family Homes were purchased in Broward County with minimum purchase prices of $500,000, so sales have increased this year.
Luxury Homes purchased in September of 2010
During the month of September 2010, 114 Homes were purchased in Broward County in a purchase price range of $500,000 – $4,600,000 and information in the Table below details their locations and purchase prices. 46 of the purchases are listed as being Cash purchases. Ft. Lauderdale had the highest number of Luxury sales, as usual, and 21 of the 32 Ft. Lauderdale Homes purchased are Waterfront Homes.
Of the 114 Homes purchased, 9 were Bank Owned Foreclosures and 18 were Short Sales.
|
City |
# Sold |
Purchase Price Range |
| Ft. Lauderdale | 32 | $503,000 – $4,600,000 with an average purchase price of $1,169,953 |
| Cooper City | 2 | $525,000 – $637,500 |
| Coral Springs | 5 | $535,000 – $700,000 |
| Davie | 15 | $500,000 – $1,400,000 |
| Deerfield Beach | 1 | $1,241,750 |
| Hallandale Beach | 1 | $1,357,000 |
| Hillsboro Beach | 1 | $3,400,000 |
| Lauderdale by the Sea | 1 | $755,000 |
| Lauderhill | 1 | $600,000 |
| Lighthouse Point | 8 | $509,900 – $1,650,000 |
| Miramar | 2 | $515,000 – $559,000 |
| Parkland | 9 | $545,000 – $999,000 |
| Plantation | 8 | $585,000 – $1,577,062 |
| Pompano Beach | 3 | $540,000 – $730,000 |
| Sea Ranch Lakes | 2 | $855,000 – $1,275,000 |
| Southwest Ranches | 7 | $545,000 – $1,848,000 |
| Weston | 15 | $510,000 – $2,460,000 |
| Wilton Manors | 1 | $575,000 |
Details about the $4,600,000 Home that was purchased (pictured above)
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Purchased September 15, 2010 for $4,600,000
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Located in Rio Vista Isles in Ft. Lauderdale at 1500 SE 10th Street
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250′ of Waterfront on an Ocean Access Canal Point Lot without Fixed Bridges
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Built in 2007
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6 Bedrooms, 6 Full Baths, 2 Half Baths, 3-Car Garage, and a Pool
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9,565 total Square Feet and 7,056 Square Feet of Living Area
Top 10 Sales
Of the 114 Homes sold, the 10 with the highest purchase prices are as follows:
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1500 SE 10th Street in Rio Vista Isles in Ft. Lauderdale- Purchased on September 15, 2010 for $4,600,000
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815 Idlewyld Drive in Idlewyld in Ft. Lauderdale- Purchased on September 21, 2010 for $4,400,000
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1001 Hillsboro Mile in Hillsboro Beach- Purchased on September 10, 2010 for $3,400,000
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2700 NE 40th St. in Coral Ridge Country Club in Ft. Lauderdale- Purchased on September 15, 2010 for $2,600,000
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2672 Riviera Manor in Weston Hills Country Club in Weston- Purchased on September 21, 2010 for $2,460,000
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2620 N. Atlantic Blvd. in Lauderdale Beach in Ft. Lauderdale- Purchased on September 10, 2010 for $2,575,000
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3066 N. Atlantic Blvd. in Lauderdale Beach in Ft. Lauderdale- Purchased on September 30, 2010 for $2,200,000
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13590 Stirling Road in Lindo Ranches in Southwest Ranches- Purchased on September 17, 2010 for $1,848,000
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3448 NE 31st Avenue in Lake Placid in Lighthouse Point- Purchased on September 30, 2010 for $1,650,000
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651 Sweet Bay Avenue in Hawks Landing in Plantation- Purchased on September 27, 2010 for $1,577,062
Luxury Homes for Sale
Currently, there are 1,854 listings of Single Family Homes in Broward County that are listed for prices of $500,000 and above. The highest list price is $39,950,000 for an Oceanfront Home on Hillsboro Mile. Of the 1,854 listings, 21 are Bank Owned Foreclosures.
If you’re starting your search for Luxury Properties in Broward County and would like to view listings and customize your search, click here to begin.
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