Luxury Fort Lauderdale waterfront home for sale in Coral Ridge

Luxury Coral Ridge Homes

Coral Ridge Homes
Fort Lauderdale

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

We also give our pricing guide for homes in Coral Ridge 

Key Statistics for Buyers / Sellers

  • Prices from $530,000 – $10 Million

Median Prices

  • List Price $1,795,000
    – Waterfront Homes $3,100,000
    -Non Waterfront Homes $719,000
  • Sales Price last 6 Months $690,000
    – Waterfront Homes $1,130,000
    -Non Waterfront Homes $625,000
  • Sales to List Price 96%
  • Days on Market 50 Days
View of homes here in Coral Ridge Fort Lauderdale
View of homes here in Coral Ridge Fort Lauderdale

Coral Ridge
Homes for Sale

At time of writing there are 54 x Coral Ridge Homes for Sale here in Fort Lauderdale – this is well up from 44 homes for sale in our last post for October / November 2015

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

 $$ Beds/Baths SF/FF List Price
High 7 / 8 8,293 $10,000,000
Low 2 / 1 1,473 $530,000
Avg 4 / 4 4,025 $2,284,420
Med 4 / 4 4,046 $1,795,000

We can see from this report that the median price for a luxury Fort Lauderdale home for sale in Coral Ridge is $1,795,000 this being based on a 4 bedroom 4 bathroom home.

It is important to note that even with a slight dop this month median prices are up by nearly $500,000 from our post Nov / Dec 2014!

In our post for August / September the median was$1,822,000 – this being based on a 4 bedroom 4 bathroom home.

In our post for August / September the median was $1,672,000 – this being based on a 4 bedroom home.

In our post in November / December 2014 the median was $1,300,000.

Square Foot Prices
Homes for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Homes here in Coral Ridge.

 $$ LP$/SqFt
High $1,250
Low $227
Avg $529
Med $451

We can from this report that the median price is $451.00

Important to note is that the median at $451.00 is up from $448.00 in our last post, which in turn was up from $436.00 per square foot in our prior post!

Also important to note is the highest square foot price at $1,250.00

Most Expensive
Home for Sale

The most expensive Fort Lauderdale home for sale in Coral Ridge is offered for sale for $10 Million.

This luxury Fort Lauderdale waterfront home on Seminole Drive is a brand new construction home with expected delivery 2016/17.

The home is a “Spectacular Contemporary Estate” with +/-82 feet of direct Intracoastal water frontage.

Features include professional kitchen, home theater, fireplace, wine cellar.   The Master suite with 2 separate bathrooms and 2 separate walk-in closets.

Other features include: expansive balconies, a summer kitchen, a 3 bay garage with hydraulics to accommodate 6 cars.

The home has a brand new 80′ foot seawall and 1200 square foot dock! 

View of homes here in Coral Ridge Fort Lauderdale
View of homes here in Coral Ridge Fort Lauderdale

Coral Ridge
Luxury Waterfront Homes

Of the 54 luxury Fort Lauderdale homes for sale here in Coral Ridge – 32 are luxury waterfront homes.

This is well up from the 22 waterfront homes for sale in our last post!

The market analysis report for these luxury waterfront homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 7 / 8 8,293 $10,000,000
Low 2 / 1 1,733 $768,000
Avg 5 / 4 4,795 $3,136,431
Med 5 / 5 4,851 $3,100,000

We can see from this report that the median list price is $3,100,000 – this being for a 5 bedroom 5 bathroom luxury waterfront home.

It is important to note is that even with a drop in median prices this month…

Median prices for waterfront homes here in Coral Ridge have risen by over $1 Million dollars or since our post for May / June 2015

  • In our last post for October / November the median list price was $3,247,500 – this being for a 5 bedroom 5 bathroom luxury waterfront home.
  • In our post for August / September the median list price was $2,490,000 – this being for a 4 bedroom 4 bathroom luxury waterfront home.
    In our post for May / June the median list price was 
  • In our earlier post for July / August the median list price was $2,490,000 – this being for a 4 bedroom 4 bathroom luxury waterfront home.
  • In our post for May / June the median list price was $2,046,250 – this being for a 4 bedroom 4 bathroom luxury waterfront home.
View non-waterfront home for sale in Coral Ridge
View non-waterfront home for sale in Coral Ridge

Coral Ridge
Non-Waterfront Homes

Of the 54 luxury Fort Lauderdale homes for sale here in Coral Ridge – 23 homes for sale are non-waterfront homes.

This is up ever so slightly from 22 x non-waterfront homes for sale in our last post for October / November!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 5 5,326 $2,150,000
Low 2 / 2 1,473 $530,000
Avg 4 / 3 2,915 $1,055,996
Med 4 / 3 2,444 $719,000

We can see from this report that the median list price for a non-waterfront home here in Coral Ridge is $719,000 – this being for a 4 bedroom 3 bathroom home.

It is also important to note is that median prices for non-waterfront homes here in Coral Ridge are slowly on the rise too – up nearly $70,000 since our post for May / June 2015

  • In our post for October / November the median list price for a non-waterfront home for sale here in Coral Ridge was $679,000 – this being for a 3 bedroom 3 bathroom home.
  • In our post for September / October the median list price for a non-waterfront home for sale here in Coral Ridge was $678,500 – this being for a 3 bedroom 3 bathroom home.
  • In our post for July / August the median list price for a non-waterfront home for sale here in Coral Ridge was $684,000 – this being for a 4 bedroom 3 bathroom home.
  • In our post for May / June the median list price for a non-waterfront home for sale here in Coral Ridge was $650,000this being for a 3 bedroom 3 bathroom home.
View Fort Lauderdale new construction home for sale here in Coral Ridge
View new construction home for sale here in Coral Ridge

New Construction
Homes for Sale

There are 11 Fort Lauderdale home for sale here in Coral Ridge that are new construction homes – up from 8 new construction homes in our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 7 / 7 8,000 $10,000,000
Low 4 / 5 3,920 $1,595,000
Avg 5 / 5 5,125 $3,729,455
Med 5 / 5 4,868 $3,499,000

We can see from this report that prices for new construction homes range from $1,595,000 to $10 Million – (the most expensive home currently for sale here in Coral Ridge)

We can also see that the median price for a luxury new construction home here in Coral Ridge is $3,499,000 – this being for a 5 bedroom 5 bathroom home.

In our last post the median for a new construction home was $3,672,500 – this being for a 5 bedroom 5 bathroom home.

Important to note is that 7 of the new construction homes for sale are waterfront homes and 4 are non-waterfront homes!

View new construction home just listed for sale in Coral Ridge Fort Lauderdale
View new construction home just listed for sale in Coral Ridge

Coral Ridge Homes
New Listings – Last 30 Days

There has been 15 new listings of single family homes for sale here in Coral Ridge – up  from 10 in our last post!

The market analysis report for these homes is presented below.

$$  Beds/Baths SF/FF List Price
High 7 / 7 8,000 $10,000,000
Low 2 / 1 1,516 $550,000
Avg 4 / 3 3,435 $2,323,400
Med 3 / 3 2,253 $1,299,000

We can also see from this report that the median price for a new listing is $1,299,000 – this being for 3 bedroom 3 bathroom home of 2253 square feet

Important to note is that 10 new listings new listings are for luxury waterfront homes!

Kevin Wirth - Fort Lauderdale Realtor

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Coral Ridge Homes
Pricing by Bedroom

Here is our pricing guide for Fort Lauderdale Homes for sale here in Coral Ridge by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,684 $659,000 $393
3 / 3 2,144 $849,000 $445
4 / 4 2,888 $1,595,000 $403
5 / 5 4,851 $2,150,000 $516
6 / 6 6,648 $3,747,500 $629
7 / 7 8,146 $6,997,500 $866

We can see from this report that the median price:

  • for a 2 bedroom 2 bathroom home is $659,000 – this being for a home of 1684 square feet with a list price to square foot price of $393.00
  • for a 3 bedroom 3 bathroom home is $849,000this being for a home of approx 2144 square feet with a list price to square foot price of $445.00
  • for a 4 bedroom 4 bathroom home is $1,595,000 – this being for a luxury home of approx 2888 square feet with a list price to square foot price of $403.00 
  • for a 5 bedroom 5 bathroom home is $3,747,500 – this being for a luxury home of 4851 square feet with a list price to square foot price of $516.00
  • for a 6 bedroom 6 bathroom home is $3,747,500 – this being for a luxury home of 6648 square feet with a list price to square foot price of $629.00
  • for a 7 bedroom 7 bathroom home is $6,997,500 – this being for a luxury home of 8146 square feet with a list price to square foot price of $866.00 *

Note: there are just 2 x 7 bedroom homes for sale – one offered for sale at $10 Million (featured above) the other is offered for sale for $3,995,000 – both homes are waterfront homes! 

View Fort Lauderdale waterfront home pending sale here in Coral Ridge
View waterfront home pending sale here in Coral Ridge

Coral Ridge Homes
Pending & Recent Sales

There are currently 12 Coral Ridge homes pending sale – down up from 9 homes pending sale as per our last post!

The market analysis report for these homes is presented below:

$$  Beds/Baths SF/FF List Price
High 5 / 4 4,644 $2,395,000
Low 2 / 2 1,570 $459,900
Avg 3 / 3 2,628 $950,817
Med 3 / 2 2,286 $622,000

We can see from this report that the median price for a Fort Lauderdale home currently under contract here in Coral Ridge is $622,000  – this being for a 3 bedroom 2 bathroom home of 2286 square feet 

It is important to note that just homes currently pending sale are waterfront homes!

  • 2865 NE 25th Court offered for sale for $2,395,000This Fort Lauderdale home is a picture-perfect home with 100 feet of waterfront.   The home has been completely re-crafted by a luxury builder and offers a stunning Florida style.
  • 2533 NE 26 AV offered for sale for $1,850,000This Fort Lauderdale home is a contemporary design waterfront home built in 2014 with designer furnishings.  The home has a 3 car garage gourmet kitchen with top of the line stainless steel appliances. 
View Fort Lauderdale waterfront home recently sold here in Coral Ridge
View waterfront home recently sold here in Coral Ridge

Coral Ridge
Home Sales – Last 6 Months

There have been 33 sales of Fort Lauderdale homes here in Coral Ridge over the last 6 months – this is down from 41 as per our last post

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 6 / 7 11,142 $7,000,000
Low 2 / 2 1,314 $400,000
Avg 4 / 3 2,868 $965,309
Med 3 / 3 2,438 $690,000

We can see from this report that the median sales price has been $690,000this being for a 3 bedroom 3 bathroom 2438 square foot home 

Note median sales prices are on the rise  – up $75,000 since our report for July / August!

In our last report for October / November 2015 the median sales price was $684,000 – this being for a 3 bedroom 3 bathroom 2415 square foot home

In our earlier report for July / August 2015 the median sales price was $615,000 – this being for a 4 bedroom 3 bathroom 2356 square foot home

Waterfront Homes
vs Non-Waterfront Homes

Here is our market summary report showing median sales data for both waterfront and non-waterfront homes sold over the last 6 months.

 Median Beds/Baths SF/FF Sale Price
W/Front 4 / 3 3,064 $1,130,000
NonW/F 3 / 3 2,330 $625,000

We can see from this report that the median sales price for

  • One of the 6 x waterfront homes sold over the last 6 months has been $1,130,000 this being for a 4 bedroom 3 bathroom 3064 square foot home with a sales price to square foot price of $420.00
  • One of the 27 x waterfront homes sold over the last 6 months has been $625,000this being for a 3 bedroom 3 bathroom 2330 square foot home with a sales price to square foot price of $293.00

Square Foot Prices
Homes Sold

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

 $$ SP$/SqFt
High $628
Low $164
Avg $308
Med $302

We can see from this report that the median sales price to square foot price paid for a Coral Ridge home sold over the last 6 months has been $302.00 per square foot

This is much the same as in our last post!

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Fort Lauderdale Homes for sale here in Coral Ridge – 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 95%
Med 96%

We can see from this report that the median sales price to list price for Fort Lauderdale home here in Coral Ridge  has been 96% – up from 95% in our last post!

This means if a Fort Lauderdale home for sale here in Coral Ridge is listed at $1,000,000 – then based on median sales data the home could be expected to sell for 96% of that amount or $960,000.

Days on Market

Days on market for Homes for Sale in Coral Ridge 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 65
Med 50

We can see from this report that the average days on market for a Fort Lauderdale home for Sale in Coral Ridge is 65 days

Important to note are the median days on market at 50 days – the same as in our last post!

50 days is very fast and indicates strong demand for Fort Lauderdale Homes for sale here in Coral Ridge!

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 Coral Ridge Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor