Luxury Single Family Homes Purchased in Broward County in April of 2011
During the month of April 2011**, 93 Single Family Homes were purchased in Broward County in a purchase price range of $500,000* – $6,000,000 and information below details their locations and purchase prices. For sold Property purchases referenced in this post, all prices refer to purchase prices, NOT list prices!
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41 of the 93 purchases are indicated to have been Cash purchases
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3 of the 93 Properties were purchased as Bank Owned Foreclosures
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13 of the 93 Properties were purchased as Short Sales
Notes for comparison purposes:
- During the month of April, 2011, 1,082 Single Family Homes in Broward County were purchased with prices under $500,000
- During the month of January, 2011, 68 Single Family Homes in Broward County were purchased with prices of $500,000 – $7,757,500
- During the month of February, 2011, 91 Single Family Homes in Broward County were purchased with prices of $500,000 – $2,600,000
- During the month of March, 2011, 117 Single Family Homes in Broward County were purchased with prices of $500,000 – $3,200,000
| City | Number Sold | Purchase Price Range |
| Ft. Lauderdale | 29 | $510,000 – $6,000,000 |
| Weston | 17 | $510,000 – $1,715,000 |
| Lighthouse Point | 10 | $755,000 – $3,000,000 |
| Parkland | 9 | $528,000 – $3,500,000 |
| Davie | 9 | $525,000 – $995,000 |
| Deerfield Beach | 1 | $800,000 |
| Coral Springs | 2 | $712,660 – $800,000 |
| Hallandale | 2 | $600,000 – $750,000 |
| Hollywood | 2 | $580,000 – $1,906,250 |
| Miramar | 1 | $620,000 |
| Pembroke Pines | 1 | $500,000 |
| Plantation | 4 | $515,000 – $1,013,000 |
| Pompano Beach | 3 | $630,000 – $875,000 |
| Southwest Ranches | 3 | $550,000 – $580,000 |
Price Band Details
- 22 Properties were purchased in a price range of $500,000 – $595,000
- 13 Properties were purchased in a price range of $600,000 – $695,000
- 13 Properties were purchased in a price range of $700,000 – $792,000
- 13 Properties were purchased in a price range of $800,000 – $875,000
- 7 Properties were purchased in a price range of $900,000 – $995,000
- 17 Properties were purchased in a price range of $1,000,000 – $1,906,250
- 8 Properties were purchased in a price range of $2,100,000 – $6,000,000
Pictured below is 300 Isle of Palms in Ft. Lauderdale, purchased for $6,000,000 on April 18, 2011
- Located in the Las Olas Isles Community
- 280′ of Waterfront on an Ocean Access Canal
- Built in 2008
- 8,230 Square Feet of Living Area and 11,200 total Square Feet
- 6 Bedrooms, 6 Full Baths, and 3 Half Baths
- 5-Car Garage
- Pool
- Crestron Smart House
- Interior finishes include Marble, Granite, Onyx, and Black Walnut
- Elevator
- Climate controlled Wine Cellar that holds up to 500 Bottles
- Theater
- Library/Office
- Gym
Communities where the 93 Homes were purchased
Ft. Lauderdale
Bal Harbour, Coral Ridge Country Club, Gill Isles, Harbor Beach, Las Olas Isles, Colee Hammock, Rio Vista, Rio Vista Isles, Shady Ridge Estates, Sunrise Key, The Landings, and Riviera Isles.
Deerfield Beach
Poinsettia Gardens.
Pompano Beach
Hillsboro Shores, Harbor Village, and Pompano Beach Park.
Hollywood
Harbor Islands and Hollywood Lakes.
Hallandale
Golden Isles and Diplomat Golf Estates.
Lighthouse Point
Coral Key Villas, Lake Placid, Lighthouse Point, and Venetian Isles.
Weston
Weston Hills Country Club, Isles at Weston, Meadow Wood,. Windmill Reserve, Savanna, and Windmill Ranch Estates.
Coral Springs
The Isles and Fairways at Eagle Trace.
Davie
Long Lake Ranches, Carlton Estates, Emerald Isles, Emerald Springs, FL Fruit & Land Co., Imagination Farms, Westridge, and Woodbridge Ranches.
Parkland
Fox Ridge, Grand Cypress Estates, Heron Bay, Parkland Golf and Country Club, Parkland Isles, and FL Fruit & Land Co.
Plantation
Hawks Landing, Stonebrook Estates, and FL Fruit & Lands Co.
Pembroke Pines
Pembroke Falls
Southwest Ranches
The Trails, Griffin, and Everglades Sugar & Land Co.
Broward Luxury Homes for Sale
Currently, there are 1,671 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 1,671 listings, 12 are Bank Owned Foreclosures and 172 are Short Sales, so distressed properties are a very small part of the current inventory of Luxury properties for sale and Luxury Homes are not the majority of the total inventory of properties listed for sale, contrary to popular opinion. In the price range under $500,000, 5,369 Single Family Homes are listed for Sale in Broward County’s 30 Cities.
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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Related Information:
- March, 2011 Luxury Home Purchases
- Ft. Lauderdale Luxury Homes and Broward Luxury Homes
- Ft. Lauderdale Intracoastal Homes
- Ft. Lauderdale Waterfront Homes
*-For my Luxury Real Estate Market Reports, I use $500,000 as the minimum purchase price since sales of $500,000 and above in our local Market are the top 10% of our market in terms of purchase prices.
**-For reporting timeframe, I wait several weeks after Closings before I report them in order to allow time for all or most of the purchases to be recorded in the MLS and Property Tax Records.