Luxury Bay Colony Homes

Bay Colony Homes for Sale
Fort Lauderdale

In this post we look at Fort Lauderdale homes for sale in Bay Colony, Pending Sales as well as Recent Sales.

Search Bay Colony Homes for Sale

We also give our pricing guide for Bay Colony homes.

Key Statistics for Buyers / Sellers

  • Prices from $2,275,000 – $6,900,000
    – All Homes for sale are Waterfront Homes

Median Prices

  • Median List Price $3,445,000
     – 4 Bedroom 5 Bathroom Waterfront Home
  • 2 x Sales last 6 Months $2,812,500
    – 7 Bedroom 7 Bathroom Waterfront Home
  • 6 x Sales last 12 Months $3,025,000
    – 7 Bedroom 7 Bathroom Waterfront Home
  • Median Sales to List Price 90%
  • Days on Market 250 Days
Aerial view of Fort Lauderdale waterfront homes here in Bay Colony
Aerial view of Fort Lauderdale waterfront homes here in Bay Colony

Bay Colony
Homes for Sale

At time of writing there are 8 x Luxury Fort Lauderdale Homes for Sale here in Bay Colony – which is up ever so slightly from the 7 luxury homes for sale as per our last report on Bay Colony Homes for sale 

The market analysis report for these luxury Fort Lauderdale homes is presented below

 $$ Beds/Baths SF/FF List Price
High 6 / 7 9,000 $6,900,000
Low 3 / 4 3,237 $2,275,000
Avg 5 / 5 6,266 $4,001,875
Med 4 / 5 6,335 $3,445,000

We can see from this report that the median price for a luxury Fort Lauderdale home for sale in Bay Colony is $3,445,000

This is up from a median price of $3,000,000 as in our last post.

All these Fort Lauderdale homes for sale here in Bay Colony are Luxury Waterfront Homes – which is the same as our last post.

Square Foot Prices
Homes for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Homes for sale here in Bay Colony

 $$ LP$/SqFt
High $1,040
Low $466
Avg $722
Med $667

We can see from this report that the median price per square foot for a luxury Fort Lauderdale home here in Bay Colony is $667.00 per square foot.

$667.00 is up from $657.00  in our last post, which in turn was up from $604.00 in our prior post.

Artists rendering of a Fort Lauderdale new construction waterfront home for sale in Bay Colony
Fort Lauderdale new construction waterfront home for sale in Bay Colony

New Construction
Homes for Sale

Of the 8 Fort Lauderdale waterfront homes for sale 1 home is a luxury new construction home for sale.

Our market analysis report for this home is presented below.

Beds/Baths SF/FF List Price LP$/SqFt
4 / 5 5,000 $5,200,000 $1,040

We can see from this report that a 4 bedroom Bay Colony new construction waterfront home is offered for sale for $5,200,000 – this 4 bedroom 5 bathroom home is 5000 square feet and has a list price to square foot price of $1,040.

This Fort Lauderdale home offers a “new” modern design and 100 feet of deep water frontage.

The custom home plans are by renowned architect Randall Stofft

Most Expensive
Home for Sale

The most expensive luxury home for sale is offered for sale is on North Compass Drive and is offered for sale for $6,900,000.

Beds/Baths SF/FF List Price LP$/SqFt
6 / 7 8,000 $6,900,000 $968

This 6 bedroom 7 bathroom luxury home for sale is a “Spectacular” waterfront estate here in Bay Colony, a luxurious gated community in the heart of Fort Lauderdale.

This home offers 240 feet of deep water frontage with 120 feet on the intracoastal and 120 feet of protected dock in a wide basin.

The home features: an open floor plan, high ceilings and custom design with unserpassed attention to detail throughout.   You will love the large master on the first floor with his and hers bathrooms and closets.

There is a media room, formal dining, fireplace, large patio with infinity pool and a 3 car garage.

This home is truly a boaters paradise!

This 8000 square foot home has a list price to square foot price of $968.00 per square foot.

Bay Colony Homes
New Listings – Last 30 Days

There have been no new listings of Fort Lauderdale homes for sale here in Bay Colony over the last 30 days – this is the same as in our last post!

 

Kevin Wirth - Fort Lauderdale Realtor

Buying / Selling?
Call Me Today

Kevin Wirth – 954-459-0337

Click here to email me now

Bay Colony Homes
Pricing Guide

Here is our pricing guide for Fort Lauderdale Homes for Sale here in Bay Colony by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
3 / 4 3,237 $2,275,000 $703
4 / 5 5,170 $3,445,000 $643
5 / 5 4,424 $3,000,000 $678
6 / 6 8,500 $6,025,000 $803

We can see from this report that the median price:

  • for the 1 x 3 bedroom waterfront home for sale is $2,275,000 – this being for a luxury 3 bedroom 4 bathroom home of approx 3237 square feet with a list price to square foot price of $703.00
  • 4 bedroom waterfront homes for sale is $3,445,000 this being for a luxury 4 bedroom 5 bathroom home of approx 5170 square feet with a list price to square foot price of $643.00
  • for the 1 x 5 bedroom waterfront homes for sale is $3,000,000this being for a luxury 5 bedroom 5 bathroom home of 4424 square feet with a list price to square foot price of $678.00
  • 6 bedroom waterfront homes for sale is $6,025,000 – this being for a luxury 6 bedroom 6 bathroom home of approx 8500 square feet with a list price to square foot price of $803.00

Bay Colony
Pending & Recent Sales

There is currently 1 luxury Bay Colony home pending sale.

There have been 2 sales of luxury waterfront homes in the last 6 months, and 6 sales of luxury waterfront homes over the last 12 months.

Bay Colony Homes
Pending Sales

There is currently 1 x Bay Colony homes for sale that is under contract and pending sale.

Our market analysis report for this home is presented below

Beds/Baths SF/FF List Price LP$/SqFt
4 / 4 3,302 $1,977,000 $599

We can see from this report that an 4 bedroom 4 bathroom luxury home – 31 Bay Colony Drive is now pending sale.  

This 3,302 square foot home was offered for sale for $1,977,000 – with a list price to square foot price of $599.00

This Luxury Fort Lauderdale pool home was totally updated to perfection in 2013 from the studs out and is situated on a large 12,714 sf lot with 102′ on the water.

This home features a designer kitchen and bathrooms, with top of the line granite tops, quality state of the art updates and impact windows and doors throughout.

The property is owned by a trust and owner financing is available.

Views from a luxury waterfront home for sale here in Bay Colony
Views from a luxury waterfront home for sale here in Bay Colony

Bay Colony Homes
Recent Sales – Last 6 Months

There have been 2 sales in Bay Colony over the last 6 months – this is down from 3 sales over the preceding 6 months as in our last post! 

The market analysis summary report for these waterfront home sales is presented below.

 Home Beds/Baths SF/FF Sale Price
10Compass 6 / 7 9,605 $3,100,000
91Compass 8 / 8 11,127 $2,525,000
Median 7 / 7 10,366 $2,812,500

We can see from this report that the median sales price for a home here in Bay Colony over the last 6 months has been $2,812,500 – this being for a 7 bedroom 7 bathroom luxury waterfront home 

In our last report for the median sales price for the preceding 6 months was $2,900,000 – this being for a 6 bedroom 7 bathroom luxury waterfront home

View of 10 Compass Road - a Fort Lauderdale waterfront home recently sold here in Bay Colony
View of 10 Compass Road – a luxury Fort Lauderdale waterfront home recently sold here in Bay Colony

Home Details

Here are details on each of the two waterfront homes sold here in Bay Colony over the last 6 months.

  • The first home 10 Compass Road a 6 bedroom waterfront home sold for $3,100,000this 6 bedroom 7 bathroom 9605 square foot home had a sales price to square foot price of $323.00.  This contemporary home features a grand entrance with floor to ceiling custom windows overlooking the pool /spa and your private dock. This is a great home for entertaining with two fireplaces and two laundry rooms.
  • The second home 91 Compass Lane a 8 bedroom home sold for $2,525,000this 8 bedroom 8 bathroom 11,127 square foot home had a sales price to square foot price of $295.00.  This is an Estate property on 1 1/2 lots and offers 170 feet of deep water frontage with a large turning basin. The home is remodeled with tons of upgrades including: marble foyer, formal living room with fire place, formal and informal dining, a gourmet kitchen, a family room, a gym and sauna, a mother-in-law suit and a Cherry wood library.
Artists rending of the most expensive Fort Lauderdale home sold here in Bay Colony
Artists rending of the most expensive Fort Lauderdale home sold here in Bay Colony in the last 12 months!

Bay Colony Homes
Recent Sales – Last 12 Months

There have been 6 sales of Fort Lauderdale waterfront homes here in Bay Colony over the last 12 months 

The market analysis summary report for these waterfront home sales is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 8 / 8 11,127 $5,000,000
Low 4 / 4 5,466 $2,525,000
Avg 6 / 6 7,993 $3,278,500
Med 6 / 7 7,694 $3,025,000

We can see from this report that the median sales price for a home here in Bay Colony over the last 12 months has been $3025,000 – this being for a 6 bedroom 7 bathroom luxury waterfront home 

Important to note is the highest sale at $5,000,000!   This home was offered for sale as a “Pre-Construction” luxury custom home – the home was/is to be built by award winning Bloomfield Construction

Square Foot Prices
Homes Sold

Here is our market summary report showing the square foot prices paid for the 6 x Fort Lauderdale luxury waterfront homes sold in Bay Colony over the last 12 months.

 $$ SP$/SqFt
High $823
Low $267
Avg $501
Med $457

We can see from this report that the average sales price to square foot price has been $457.00.  We can also see that the median sales price to square foot price has been $457.00

It is important to note the highest sales price to square foot price at $823.00

% Sales to List Price

An important real estate indicator is how much are buyers are paying for Fort Lauderdale Homes for sale here in Bay Colony – we can gauge this based on the percentage of sales price to list price paid by buyers.

The market analysis report for this is presented below

 $$ SP$/LP$
High 95%
Low 88%
Avg 91%
Med 90%

We can see from this report that the average sales price to list price for waterfront homes sold here in Bay Colony over the last 12 months has been 91%.

We can also see that the median sales price to square foot price has been 90%.

This means if a home was listed for sale for $3 Million – then based on MLS data the home could be expected to sell for 90% of this price or $2.7 Million

Days on Market

Days on market for Homes for Sale in Bay Colony is an important indicator on how this neighborhood’s real estate market is preforming.

Here is the market analysis report for Days on Market based on home sales over the last 6 months.

 $$ Days on Market
High 476
Low 22
Avg 246
Med 250

We can see from this report that the median  days on market for a Fort Lauderdale home for Sale in Bay Colony is 250 days – or just over 8 months.

Important to note is the fastest sale at just 22 days, as well as the longest sale – which took 476 days or almost 16 months!

Days on market is the time from when the home was listed for sale till the home sold AND closed.

 Kevin Wirth - Fort Lauderdale Realtor

I hope you have enjoyed this post on Fort Lauderdale Homes for Sale in Bay Colony – by Kevin Wirth Fort Lauderdale Realtor