View of a luxury Fort Lauderdale home for sale here in Bay Colony

Luxury Bay Colony Homes

Bay Colony Homes
Fort Lauderdale

Search Bay Colony Homes for Sale

In this post we look at Bay Colony Fort Lauderdale Homes for Sale, Pending Sales as well as Recent Sales.

We also give our pricing guide for Bay Colony homes.

Key Statistics for Buyers / Sellers

  • Prices from $1,950,000 – $5,150,000
    The $1,950,000 reflects a vacant lot

Median Prices

  • Median List Price $3,499,000
     – 5 Bedroom 6 Bathroom Waterfront Home
  • 4 x Sales last 6 Months $3,073,000
    – 6 Bedroom 5 Bathroom Waterfront Home
  • Median Sales to List Price 84%
  • Days on Market 130 Days

Note there has been a wide variance in recent sales prices to square foot prices – ranging from a low of $383.00 to a high of $823.00!

View of a luxury waterfront home for sale here in Bay Colony Fort Lauderdale
View of a luxury waterfront home here in Bay Colony

Bay Colony
Homes for Sale

At time of writing there are 8 x Luxury Bay Colony Fort Lauderdale Homes for Sale – which is down from 9 luxury homes for sale as per our last report on Bay Colony Homes for sale for August / September 2015

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

 $$ Beds/Baths SF/FF List Price
High 8 / 7 9,605 $5,150,000
Low 0 / 0 3,302 $1,950,000
Avg 5 / 5 6,566 $3,436,625
Med 5 / 6 6,632 $3,499,000

We can see from this report that the median price for a luxury Fort Lauderdale home for sale in Bay Colony is $3,499,000 – same as in our last post!

It is important to note that median prices for homes for sale here in Bay Colony have remained stable this month.

Prior to this there had been a softening in median prices – with the median of $3,499,000 being down almost $1 Million dollars from our April / May 2015 post!

  • In our post for August / September the median price for a luxury home for sale in Bay Colony was $3,499,000
  • In our post for July  / August the median price for a luxury home for sale in Bay Colony was $3,899,000
  • In our post for May / June the median price for a luxury home for sale in Bay Colony was $4,497,000
  • In our post for April / May the median price for a luxury home for sale in Bay Colony was $4,495,000

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

View of a lot / home site for sale here in Bay Colony
View of a lot / home site for sale here in Bay Colony

You may also note that included in the above report is a “home” with no bedrooms / bathrooms – this in fact is a waterfront lot for sale here in Compass Isle

The Lot / Land being sold is part of 21 Compass isle but in process of being divided!

Square Foot Prices
Homes for Sale

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

 $$ LP$/SqFt
High $677
Low $277
Avg $544
Med $604


We can see from this report that the median price per square foot for a luxury Fort Lauderdale home here in Bay Colony is $604.00.

View Bay Colony home offered for sale for the highest sq ft price
View Bay Colony home offered for sale for the highest sq ft price

Home for Sale
Highest Sq Ft Price

The Bay Colony home for sale with the highest list price to square foot price is listed for sale at $677.00 per square foot.

The home is a luxury waterfront home here on Compass Lane

Beds/Baths SF/FF List Price LP$/SqFt
4 / 5 5,170 $3,499,000 $677

This 4 bedroom 5 bathroom Bay Colony waterfront home is offered for sale for $3,499,000.

This Fort Lauderdale home is a 2-story colonial on scenic point lot (180 ‘).

The home is totally updated “to perfection” and offer incredible water views from almost every room.    The home features an upstairs master suite with balcony overlooks  pool and canal. 

This home is a one of a kind “showcase” property!

This 5170 square foot home has the highest list price to square foot price of any home currently for sale in Bay Colony at $677.00 per square foot.

Most Expensive
Home for Sale

The most expensive luxury home for sale is offered for sale is at Compass Lane and is offered for sale for $5,150,000.

Beds/Baths SF/FF List Price LP$/SqFt
6 / 6 8,058 $5,150,000 $639

This 6 bedroom 6 bathroom uxury Fort Lauderdale waterfront home offers over 225 feet of water-frontage and is a South East “Point Lot” with amazing views of the intracoastal.

The home features: impact windows & doors throughout, an elevator, 2 master suites, a fireplace, a large entertaining area and 2 laundry rooms.

This is a huge family home with a stunning back yard, 2 car garage in a great guarded community.

This 8058 square foot home has a list price to square foot price of $639.00 per square foot.

Bay Colony
New Construction

Of the 8 luxury homes for sale here in Bay Colony no homes are new construction homes for sale!

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

Kevin Wirth - Fort Lauderdale Realtor

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Kevin Wirth – 954-459-0337

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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
4 / 4 4,236 $2,999,999 $641
5 / 6 6,138 $3,499,000 $570
6 / 6 8,831 $4,525,000 $523
8 / 6 7,127 $4,499,000 $631

We can see from this report that the median price:

  • for a 4 bedroom 4 bathroom waterfront home is $2,999,999 – this being for a luxury home of approx 4236 square feet with a list price to square foot price of $641.00
  • for the 1 x 5 bedroom 6 bathroom waterfront home for sale is $3,499,000this being for a luxury home of 6138 square feet with a list price to square foot price of $570.00
  • for a 6 bedroom 6 bathroom waterfront home is $4,525,000 – this being for a luxury home approx 8831 square feet with a list price to square foot price of $523.00
  • for the 1 x 8 bedroom 7 bathroom waterfront home is $4,499,000 – this being for a luxury home of 7127 square feet with a list price to square foot price of $631.00
Aerial view luxury Bay Colony waterfront homes in Fort Lauderdale
Aerial view luxury Bay Colony waterfront homes in Fort Lauderdale

Bay Colony
Pending & Recent Sales

There are currently 2 luxury Bay Colony homes pending sale and there have been 4 sales of luxury waterfront homes in the last 6 months. 

Bay Colony Homes
Pending Sales

There are currently 2 Fort Lauderdale homes for sale that are pending sale here in Bay Colony.

Our market analysis report for these homes is presented below

 $$ Beds/Baths SF/FF List Price
High 8 / 8 9,441 $3,200,000
Low 4 / 4 5,466 $2,850,000
Med 6 / 6 7,453 $3,025,000

We can see from this report that the median price for a home pending sale here in Bay Colony is $3,025,000this being for a 6 bedroom 6 bathroom luxury waterfront home.

Notes on Homes
Pending Sale

Here are our notes on these two homes pending sale:

121 Bay Colony Dr
$3,200,000

The first home, 121 Bay Colony Drive is a 4 bedroom 4 bathroom home that was offered for sale for $3,200,000.

Beds/Baths SF/FF List Price LP$/SqFt
4 / 4 5,466 $3,200,000 $585

This Fort Lauderdale home is a “Classic” old Florida style estate home located on a quiet tree lined street.

The home features a grand foyer as you enter, a formal dining room, a gracious master suite and exquisite master bath upstairs overlooking pool & water!

This 5466 square foot home has a list price to square foot price of $585.00 per square foot.

91 Compass Lane
$2,850,000

The second home, 91 Compass Lane is a 8 bedroom 8 bathroom home – this home was offered for sale for $2,850,000.

Beds/Baths SF/FF List Price LP$/SqFt
8 / 8 9,441 $2,850,000 $302

This Fort Lauderdale home is an Estate property on 1.5 lots. The home offers 170′ of deep water frontage with large turning basin.

The home has been remodeled and includes: a marble foyer, formal living room with fire place, formal and informal dining, gourmet kitchen, family room, gym, sauna, mother-in-law suit and cherry wood library. 

This 9441 square foot home has a list price to square foot price of $302.00 per square foot.

Luxury Bay Colony home for sale here in Fort Lauderdale
Luxury Bay Colony home for sale here in Fort Lauderdale

Bay Colony Homes
Recent Sales – Last 6 Months

There have been 4 sales in Bay Colony over the last 6 months – this is down from 6 sales as per our last post for August / Sept 2015

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

 $$ Beds/Baths SF/FF Sale Price
High 7 / 7 7,694 $5,000,000
Low 5 / 4 5,001 $2,750,000
Avg 6 / 5 6,257 $3,474,000
Med 6 / 5 6,077 $3,073,000

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 $3,073,000 – this being for a 6 bedroom 5 bathroom luxury waterfront home 

It is important to note is the trend of increasing median sales prices…

  • In our report for August / September the median sales price for the preceding 6 months was $2,850,000 – this being for a 5 bedroom 5 bathroom luxury waterfront home
  • In our report for July / August the median sales price for the preceding 6 months was $2,620,000 – this being for a 5 bedroom 5 bathroom luxury waterfront home
  • In our earlier report for May / June the median sales price for the preceding 6 months was $2,540,000 – this being for a 4 bedroom 5 bathroom luxury waterfront home 
  • In our report for April / May the median sales price for the preceding 6 months was $2,274,450 – this being for a 4 bedroom 5 bathroom luxury waterfront home 

Square Foot Prices
Homes Sold

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

 $$ SP$/SqFt
High $823
Low $383
Avg $585
Med $550

We can see from this report that the median sales price to square foot price paid for a Bay Colony home sold over the last 6 months has been $550.00 per square foot – up from $538.00 as per our last post!

It is important to note the wide variances in sales price to square foot prices from a low of $383.00 to a high of $823.00 – a variance in sales prices of $440.00 per square foot!

% 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$/LP$
Avg 66%
Med 84%

We can see from this report that the median sales price to list price for Fort Lauderdale home here in Bay Colony  has been 84% – down from 87% in our last post.

Again it is also important to note the average sales price to list price at 66% – which is very low for luxury Fort Lauderdale waterfront homes!

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
Avg 190
Med 130

We can see from this report that the median  days on market for a Fort Lauderdale home for Sale in Bay Colony is 130 days.

This is the same as per out last post for August / September – but is well up from 65 days in our earlier post!

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 Bay Colony Fort Lauderdale Homes for Sale – by Kevin Wirth Fort Lauderdale Realtor