View of a luxury Fort Lauderdale new construction home for sale here in Las Olas Isles

Luxury Las Olas Isles Homes

Las Olas Isles Homes
Fort Lauderdale

Search Homes for Sale in Las Olas Isles

In this post we look at Las Olas Isles Homes for Sale Fort Lauderdale, Pending Sales as well as Recent Sales.

We also give our pricing guide for homes in Las Olas Isles

Key Statistics for Buyers / Sellers

  • Prices from $899,900 – $14.5 Million

Median Prices

  • List Price $3,497,500
    – New Construction $5,097,500
    – Waterfront $3,549,500
    – Non-Waterfront $1,073,500 
  • Sales Price last 6 Months $1,650,000
    – Waterfront $1,850,000
    – Non-Waterfront $1,635,000
  • Sales to List Price 92%
  • Days on Market 110 Days

Las Olas Isles
Luxury Homes for Sale

At time of writing there are 104 x Las Olas Isles Homes for Sale here in Fort Lauderdale – which is up from the 96 x Las Olas homes for sale in our September / October 2015 post

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

 $$ Beds/Baths SF/FF List Price
High 10/13 15,382 $14,500,000
Low 2 / 2 1,328 $899,900
Avg 5 / 5 5,239 $4,015,656
Med 5 / 5 5,143 $3,497,500

We can see from this report that the median price for a Luxury Fort Lauderdale home for sale in Las Olas Isles is $3,497,500 – this being for a 5 bedroom 5 bathroom home of 5143 square feet.

It is important to note that the median prices for luxury Fort Lauderdale homes for sale in this neighborhood continue to rise.

Median home prices are up over $505,000 since our post for May / June!

  • The median in our post in September October 2015 was $3,495,000 – this being for a 5 bedroom 5 bathroom home of 5162 square feet.
  • The median in our post in July / August 2015 was $3,089,500 – this being for a 5 bedroom 5 bathroom home of 5025 square feet.
  • The median in our post in May / June 2015 was $2,990,000 – this being for a 5 bedroom 5 bathroom home of 5112 square feet.

Square Foot Prices
Homes for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Homes here in Las Olas Isles

 $$ LP$/SqFt
High $13,267
Low $425
Avg $866
Med $699

We can see from this report that the average list price to square foot price for a luxury Fort Lauderdale home for sale here in Las Olas Ises is $866.00 and the median is $699.00

Median list prices to square foot prices are also up by $44.00 per square foot since our post for May / June 2015!

  • In our last post for September / October 2015 the median list price to square foot price was $697.00
  • In our last post for July / August 2015 the median list price to square foot price was $678.00
  • In our earlier post for May / June 2015 the  median list price to square foot price was $655.00
View of the most expensive Fort Lauderdale home for sale here in Las Olas Isles
View of the most expensive home for sale here in Las Olas Isles

Las Olas Isles
Most Expensive Home

The most expensive home for sale offered for sale is on Royal Plaza Drive and is offered for sale for $14.5 Million dollars.

This 5 bedroom 6 bathroom Fort Lauderdale estate home is a one of a kind masterpiece!  The Tuscan architectural design blends with a classic old world theme.

This magnificent 2 story home (with a total area of approx.16,000 sq. ft.) is situated on 310′ of deep water.

The home features a patio, pool and Koi pond that parallels the concrete dock.

The 1st level consists of a VIP suite and 3 mini suites, a family room with bar, a 5000 bottle wine cellar and an approx 6500 square foot event room that has been transformed into a 30-unit car museum.

The 2nd level has great room, dining room, master suite & den and kitchen & patio.

Aerial view of luxury waterfront homes here in Las Olas Isles in Fort Lauderdale
Aerial view of luxury waterfront homes here in Las Olas Isles

Las Olas Isles
Waterfront Homes

Of the 104 Luxury Fort Lauderdale homes currently for sale here in Las Olas Isles – 100 homes are luxury Las Olas Isles waterfront homes.

In our last post for September / October 2015 there were 93 waterfront homes for sale in Las Olas Isles!

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

 $$ Beds/Baths SF/FF List Price
High 10/13 15,382 $14,500,000
Low 2 / 2 1,328 $1,174,000
Avg 5 / 5 5,309 $4,120,863
Med 5 / 5 5,152 $3,549,500

We can see from this report the details for these luxury waterfront homes – with prices up to $14.5 Million.

We can also see that the median list price is$3,549,500 – this being for a 5 bedroom 5 bathroom waterfront home.

It is important to note that median waterfront home prices are up over $550,000 or 18% since our post for May / June.

  • In our last post the median list price was $3,495,000 – this being for a 5 bedroom 5 bathroom waterfront home.
  • In our last post the median list price was $3,195,000 – this being for a 5 bedroom 5 bathroom waterfront home.
  • In our earlier post the median list price was $2,997,000 – this being for a 5 bedroom 5 bathroom waterfront home.
View of the most expensive non-waterfront home for sale here in Las Olas Isles
View of the most expensive non-waterfront home for sale

Las Olas Isles
Non-Waterfront Homes

Here is the market analysis report for the 4 x non waterfront Fort Lauderdale homes for sale here in Las Olas Isles.

In our last post there were 3 non-waterfront homes for sale here in Las Olas Isles!

 $$ Beds/Baths SF/FF List Price
High 5 / 6 5,186 $2,495,000
Low 3 / 2 1,602 $899,900
Avg 4 / 3 3,019 $1,385,475
Med 4 / 3 2,269 $1,073,500

We can see from this report that the median for a non waterfront home for sale here in Las Olas Isles is $1,073,500 this being for a 4 bedroom 3 bathroom home of 2269 square feet.

While we can also see that median prices for non-waterfront homes have dropped…

Important to note however is that the median square foot size of homes for sale has also decreased – down from 5000 sq ft in May / June to 2269 sq ft for October / November – a decrease of over 50%!

  • In our last post for September / October 2015 the median for a non waterfront home for sale here in Las Olas Isles was $1,249,000 – this being for a 4 bedroom 3 bathroom home of 3727 square feet.
  • In our last post for July / August 2015 the median for a non waterfront home for sale here in Las Olas Isles was $1,895,000 – this being for a 5 bedroom 5 bathroom home of 4726 square feet.
  • In our earlier post in May / June 2015 the median for a non waterfront home for sale here in Las Olas Isles was$2,495,000 – this being for a 5 bedroom 5 bathroom home of 5000 square feet.
View of a new construction home for sale here in Las Olas Isles
View of a new construction home for sale here in Las Olas Isles

Las Olas Isles
New Construction

There are 24 x Fort Lauderdale homes for sale here in Las Olas Isles that are new construction homes  – this is down slightly from 23 new construction Las Olas homes for sale as in our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 6 / 7 7,780 $12,000,000
Low 3 / 3 3,443 $3,495,000
Avg 5 / 6 6,065 $5,218,591
Med 5 / 6 6,098 $5,097,500

We can see from this report that the median price for a new construction luxury Fort Lauderdale home here in Las Olas Isles is $5,097,500this being for a 5 bedroom 6 bathroom luxury home of 6098 square feet 

In our last post for September / October the median price for a new construction luxury home here in Las Olas Isles was $5,049,000 – this being for a 5 bedroom 6 bathroom luxury home of 6140 square feet

Important to note is that the median list price to square foot price for a new construction home here in Las Olas Isles is $833.00 per square foot!

View luxury home just listed for sale here in Las Olas Isles
View luxury home just listed for sale here in Las Olas Isles

Las Olas Isles
New Listings – Last 30 Days

There has been 14 new listings of single family Fort Lauderdale homes for sale here in Las Olas Isles – over the last 30 days.

This is up from the 11 new listings in our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 7 6,741 $14,500,000
Low 2 / 2 1,328 $998,000
Avg 4 / 4 4,062 $3,872,921
Med 4 / 4 4,371 $2,692,000

We can see from this report that the median price for a new listing here in Las Olas Isles is $2,692,000 – this being for a 4 bedroom 4 bathroom luxury home of 4,371 square feet with a list price to square foot price of $716.00

Of the 14 new listings of homes for sale here in Las Olas Isles – 13 homes for sale are waterfront homes!

Kevin Wirth - Fort Lauderdale Realtor

Buying / Selling?
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Kevin Wirth – 954-459-0337

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Las Olas Isles
Home Pricing Guide

Here is our pricing guide for Luxury Fort Lauderdale Homes here in Las Olas Isles by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,381 $1,924,500 $1,414
3 / 3 2,281 $1,595,000 $716
4 / 4 4,308 $2,842,750 $653
5 / 5 5,632 $4,250,000 $710
6 / 6 6,657 $4,500,000 $676
7 / 7 8,182 $8,100,000 $989
8 /10 12,734 $10,475,000 $817
10/13 11,538 $12,995,000 $1,126

We can see from this report that the median price:

  • for 2 bedroom 2 bathroom homes is $1,924,500 – this being for a home of approx 1,381 square feet with a list price to square foot price of $1,414.00
  • for 3 bedroom 3 bathroom homes is $1,595,000 – this being for a home of approx 2,281 square feet with a list price to square foot price of $716.00
  • for a 4 bedroom 4 bathroom home is $2,842,750 – this being for a home of approx 4,308 square feet with a list price to square foot price of $653.00
  • for a 5 bedroom 5 bathroom home is $4,250,000 – this being for a home of 5632 square feet with a list price to square foot price of $710.00
  • for a 6 bedroom 6 bathroom home is $4,500,000 – this being for a home of 6,657 square feet with a list price to square foot price of $676.00
  • for a 7 bedroom 7 bathroom homes is $8,100,000 – this being for a home of 8,182 square feet with a list price to square foot price of $989.00
  • for a 8 bedroom 10 bathroom home is $10,475,000 – this being for a home of 12,734 square feet with a list price to square foot price of $817.00
  • for the 1 x 10 bedroom 13 bathroom home is $12,995,000 – this being for a home of 11,538 square feet with a list price to square foot price of $1,126.00
Aerial view of a waterfront home pending sale here in Las Olas Isles
Aerial view of a waterfront home pending sale here in Las Olas Isles

Las Olas Isles Homes
Pending & Recent Sales

There are currently 5 x Las Olas Isles homes pending sale

This is down from the 8 homes pending sale in our last post.

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 5 6,815 $4,300,000
Low 3 / 3 1,930 $695,000
Avg 4 / 4 3,975 $2,322,947
Med 4 / 3 3,435 $1,999,735

We can see from this report that the median price of a Fort Lauderdale home pending sale here in Las Olas Isles is $1,999,735 – this being for a 4 bedroom 3 bathroom home of 3435 square feet.

  • In our last post for September / October 2015 the the median price of a home pending sale here in Las Olas Isles was $1,610,000 – this being for a 4 bedroom 3 bathroom home of 2644 square feet.
  • In our last post for July / August 2015 the the median price of a home pending sale here in Las Olas Isles was $1,995,000 – this being for a 4 bedroom 3 bathroom home of 2745 square feet.
  • In our last post for May / June 2015 the the median price of a home pending sale here in Las Olas Isles was $1,625,000 – this being for a 3 bedroom 3 bathroom home of 2376 square feet.

Important to note is that the median days on market for these luxury Las Olas Isles homes was 171 days up from our lastreport when the median days was 102 days!

Also important to note is that all 5 homes pending sale are luxury waterfront homes!

View of a luxury Las Olas Isles home that was recently sold!
View of a luxury Las Olas Isles home that was recently sold!

Las Olas Isles
Recent Sales – Last 6 Months

There have been 33 sales of luxury Fort Lauderdale homes here in Las Olas Isles over the last 6 months

This is the same number of homes as in our last 2 posts!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF Sale Price
High 6 / 6 7,125 $5,300,000
Low 2 / 2 1,239 $855,000
Average 4 / 3 3,171 $1,867,207
Median 3 / 3 2,697 $1,650,000

We can see from this report that the median sales price has been $1,650,000this being for a 3 bedroom 3 bathroom 2697 square foot luxury Las Olas Isles home

  • In our last post for September / October 2015 the median sales price for homes sold over the preceding 6 months was$1,650,000 – this being for a 3 bedroom 3 bathroom 2525 square foot luxury Las Olas Isles home
  • In our post for July / August 2015 the median sales price for homes sold over the preceding 6 months was$1,620,000 – this being for a 4 bedroom 3 bathroom 2971 square foot luxury Las Olas Isles home
  • In our post for May / June 2015 the median sales price for homes sold over the preceding 6 months was$1,735,000 – this being for a 4 bedroom 3 bathroom 3359 square foot luxury Las Olas Isles home

Important to note is that of the 33 sales here in Las Olas Isles over the last 6 months – 29 sales have been for waterfront homes.

Waterfront vs
Non Waterfront

Our market summary report showing median prices for sales of waterfront and non waterfront home here in Las Olas Isles is presented below

 Median Beds/Baths SF/FF Sale Price
W/Front 3 / 3 2,592 $1,850,000
NonW/F 4 / 3 3,351 $1,635,000

We can see from this report:

The median for waterfront homes sales has been $1,850,000 – this being for a 3 bedroom 3 bathroom home of 2592 square feet with a sales price to square foot price of $606.00!

Note in our last post the median for waterfront homes sales has been $1,500,000 – this being for a 3 bedroom 3 bathroom home of 2469 square feet with a sales price to square foot price of $601.00!

The median for non-waterfront homes sales has been $1,635,000 – this being for a 4 bedroom 3 bathroom home of 3351 square feet with a sales price to square foot price of $483.00!

Note in our last post median for non-waterfront homes sales has been $1,635,000 – this being for a 4 bedroom 3 bathroom home of 3351 square feet with a sales price to square foot price of $417.00!

Square Foot Prices
Homes Sold

Here is our market summary report showing square foot prices paid for Luxury Fort Lauderdale Homes sold in Las Olas Isles over the last 6 months.

 $$ SP$/SqFt
High $898
Low $358
Avg $605
Med $559

We can see from this report that the median sales price to square foot price paid for a Las Olas Isles home sold over the last 6 months has been $559.00 per square foot – up from $552.00 in our last post!

Important to note is the highest price paid at $898.00

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Luxury Fort Lauderdale Homes for sale here in Las Olas Isles – 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 87%
Med 92%

We can see from this report that the median sales price to list price for Fort Lauderdale home here in Las Olas Isles  has been 92% – this is up from 90% as in our last post!

This means if a home was listed for sale at $1 Million based on MLS median data it would sell for $920,000.

Days on Market

Days on market for Homes for Sale in Las Olas Isles 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 156
Med 110

We can see from this report that the average days on market for a Fort Lauderdale home for Sale in Las Olas Isles is 156 days

More importantly is the median days on market at 110 days – up slightly from 102 days in our last post!

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

Kevin Wirth Realtor

I hope you have enjoyed this post on Luxury Las Olas Isles Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor