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Luxury Bay Colony Homes

Bay Colony Homes
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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 $2,134,000 – $7,675,000

Median Prices

  • Median List Price $4,497,000
     – 6 Bedroom 6 Bathroom Waterfront Home
  • 3 x Homes Pending Sale $3,895,000
    – 5 Bedroom 5 Bathroom Waterfront Home
  • 3 x Sales last 6 Months $2,540,000
    – 5 Bedroom 5 Bathroom Waterfront Home
  • Median Sales to List Price 85%
  • Days on Market 77 Days

Bay Colony
Homes for Sale

At time of writing there are 10 x Luxury Bay Colony Fort Lauderdale Homes for Sale – which is slightly down from 11 homes in our last report for April / May 2015

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

 $$ Beds/Baths SF/FF List Price
High 8 / 8 10,914 $7,675,000
Low 4 / 4 3,302 $2,134,000
Avg 6 / 6 7,290 $4,559,700
Med 6 / 6 7,127 $4,497,000

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

The median price is based on a 6 bedroom 6 bathroom home of just over 7000 square feet – the same as in our last post.

Note: All these Fort Lauderdale homes for sale here in Bay Colony are Luxury Waterfront Homes.

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 $676
Low $412
Avg $598
Med $631

We can see from this report that the median price per square foot for a luxury Fort Lauderdale home here in Bay Colony is $616.00 – which is up from our last 2 reports!

In our last report for April / May the median price per square foot for a luxury home here in Bay Colony was $616.00

In our earlier report the median price per square foot for a luxury home for sale here in Bay Colony was $555.00.

Most expensive home for sale in Bay Colony
Most expensive home for sale in Bay Colony

Most Expensive
Homes for Sale

The most expensive luxury home for sale is offered for sale at $7,675,000 is a luxury “Pre Construction” Grand Estate Home.  

This 6 bedroom 6 bathroom 6077 square foot luxury waterfront home is by Bloomfield Construction

This luxury Fort Lauderdale waterfront home offers 182 foot Intracoastal lot and 187 foot side canal  – which can to accommodate a yacht of 100 feet or more.

New construction home for sale Bay Colony
New construction home for sale Bay Colony

Bay Colony
New Construction

Of the 10 luxury homes for sale here in 2 are luxury new construction homes – waterfront homes built-in 2014 or later.

The market analysis report for these waterfront homes is presented

Beds/Baths SF/FF List Price LP$/SqFt
6 / 7 9,109 $7,675,000 $842
5 / 6 5,546 $3,750,000 $676
5.5 7,327 $5,712,500 $759

We can see from this report that the data for these 2 luxury new construction homes which are both on Compass!

Prices for new construction homes here in Bay Colony range from $3,750,000 for a 5 bedroom 5 bathroom 5546 square foot luxury home to $7,675,000 for a 6 bedroom 6 bathroom 6077 square foot luxury home.

Important to note are the list price to square foot prices which range from $676.00 to $842.00

Also important to note is that both these Fort Lauderdale new construction homes for sale are luxury waterfront homes!

Bay Colony Homes
New Listings – Last 30 Days

There have been no new listings of single family home 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 4,771 $3,195,000 $646
5*/ 6 5,546 $3,750,000 $676
6 / 7 9,605 $5,074,500 $520
8 / 7 8,976 $5,499,500 $616

We can see from this report that the median price:

  • for a 4 bedroom 4 bathroom waterfront home is $3,195,000this being for a luxury home of approx 4771 square feet with a list price to square foot price of $646.00
  • for the 1 x 5 bedroom 6 bathroom waterfront home for sale is $3,750,000this being for a luxury home approx 5546 square feet with a list price to square foot price of $676.00
  • for a 6 bedroom 7 bathroom waterfront home is $5,074,500 – this being for a luxury home approx 9,605 square feet with a list price to square foot price of $520.00
  • for a 8 bedroom 6 bathroom waterfront home is $5,499,500 – this being for a luxury home of 8976 square feet with a list price to square foot price of $616.00
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 3 x Bay Colony waterfront homes pending sale and there have been 3 sales of luxury waterfront homes in the last 6 months. 

Bay Colony Homes
Pending Sales

There are currently 3 x Fort Lauderdale homes for sale that are pending sale here in Bay Colony.

The market analysis summary report for these 2 waterfront homes

 $$ Beds/Baths SF/FF List Price
High 7 / 7 7,694 $5,225,000
Low 5 / 4 5,001 $2,975,000
Avg 6 / 5 6,257 $4,031,667
Med 5 / 5 6,077 $3,895,000

We can see from this report that the median price for a luxury Fort Lauderdale waterfront home pending sale here in Bay Colony s $3,895,000 – this being for a 5 bedroom 5 bathroom home of 6077 square feet.

Square Foot Prices
Homes Pending Sale

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

 $$ LP$/SqFt
High $860
Low $506
Avg $654
Med $595


We can see from this report that the median price per square foot for a luxury home pending here in Bay Colony is $595.00.

You can also see the range of square foot prices for homes pending sale which range from $506.00 – $860.00 

Square foot prices of the 3 luxury homes pending sale are important to consider – especially as there has only been 3 sales of luxury homes here in Bay Colony over the last 6 months.

Bay Colony Homes
Recent Sales – Last 6 Months

There have been 3 sales in Bay Colony over the last 6 months

The market analysis summary report for these 3 waterfront home sales is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 5 / 5 6,384 $2,700,000
Low 5 / 5 4,724 $1,500,000
Med 5 / 5 5,554 $2,540,000

We can see from this report that the median sales price has been $2,540,000 – this being for a 5 bedroom 5 bathroom luxury waterfront home 

Important to note is that is our earlier report the median sales price for the preceding 6 months was $2,274,450 – this being for a 4 bedroom 5 bathroom luxury waterfront home 

Also note the most expensive home sold at $2,700,000 – this luxury Fort Lauderdale home is featured below.

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 $538
Low $423
Med $480

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 $480.00 per square foot.

In our last post for Feb/March 2015 the median sales price to square foot price paid for a sold over the last 6 months had been $423.00 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 58%
Med 85%

We can see from this report that the median sales price to list price for Fort Lauderdale home here in Bay Colony has been 85% – which is surprisingly low for luxury homes in this upscale neighborhood!

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 100
Med 77

We can see from this report that the median  days on market for a Fort Lauderdale home for Sale in Bay Colony is 77 days

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

View of the most expensive Fort Lauderdale home sold here in Bay Colony
View of the most expensive home sold here in Bay Colony

Most Expensive Sale
Bay Colony

The most expensive sale of a Fort Lauderdale  Home here in Bay Colony was for 30 Bay Colony Dr – which was offered for sale at $2,999,900

This 6,384 square foot luxury estate home was built in 1990 and featured 5 bedroom and 5 bathrooms with 2 half bathrooms.

The home has been completely remodeled and featured: a whole house generator, new impact windows & doors, 4 new A/C units, custom lighting, onyx, marble & limestone bathrooms, new wood floors in the bedrooms and marble flooring through-out.

The kitchen was a triumph with 36″ Sub-Zero refrigerator & 36″ freezer, a Wolf gas stove, double ovens & a Miele dishwasher. Wine refrigerator & ice maker.

The master bath featured a Kohler DTV system with 11 full body spray heads and a large rain shower.

This luxury Fort Lauderdale waterfront home here in Bay Colony sold on the 3rd of March 2015 for $2.7 Million

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 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