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

Luxury Las Olas Isles Homes for Sale

Luxury Las Olas Isles Homes for Sale
Fort Lauderdale

Search Fort Lauderdale 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

At time of writing there are 96 x Las Olas Isles Homes for Sale here in Fort Lauderdale – which is up from 90 homes for sale in our last report in Nov/Dec 2014

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

 Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 10 13 11,849 $14,995,000 $1,533
Average 5 5 5,051 $3,687,891 $727
Median 5 5 5,122 $2,995,000 $686

We can see from this report that the median price for a Luxury Fort Lauderdale home for sale in Las Olas Isles is $2,995,000 – this being for a 5 bedroom 5 bathroom home of 5122 square feet.

In our last report for Nov/Dec the median price for a Luxury Fort Lauderdale home for sale in Las Olas Isles was $2,972,000 – this being for a 5 bedroom 4 bathroom home of 4934 square feet.

Important to note is the median list price to square foot price at $686.00 – which is up from our last post when the median was $651.00

Also important to note:

  • Of the 96 Luxury Fort Lauderdale homes for sale here in Las Olas Isles – 89 are luxury waterfront homes!
    The median list price for a luxury waterfront home for sale in Las Olas Isles is $3,100,000 – this being for a 5 bedroom 5 bathroom home with a list price to square foot price of $695.00
    In our last report in Nov/Dec 2014 of the 90 luxury homes for sale here in Las Olas Isles 85 were luxury waterfront homes and the median list price was $2,995,000 – this being for a 5 bedroom 5 bathroom home with a list price to square foot price of $654.00
  • There have been 26 sales of Fort Lauderdale homes here in Las Olas Isles in the last 6 months with sales prices ranging from $875,000 to $5,600,000
    The median sales price over the last 6 months for a luxury home here in Las Olas Isles has been $1,850,000 – this being for a 4 bedroom 3 bathroom home with a sales price to square foot price of $540.00
    In our last report in Nov/Dec there had been 28 sales of Fort Lauderdale homes here in Las Olas Isles in the prior 6 months with sales prices ranging from $700,000 to $12,500,000.  The median sales price over that prior 6 months was $2,395,000 – this being for a 4 bedroom 4 bathroom home with a sales price to square foot price of $551.00

The most expensive home for sale offered for sale is on Pelican Isle and is one of the most magnificent and stately South East point estates!

This luxury Fort Lauderdale Home offers incredible wide open Intracoastal views.

View of the most expensive Fort Lauderdale home for sale here in Las Olas Isles

You will love the Award winning high quality architectural / design / build and many custom details.   Features include: flowing elegant formal and welcoming casual entertaining areas, 1st and second floor Masters, large room sizes, separate guest / captain accommodations.   

The home has side dockage for 100+ size yacht.

This is one of the most beautiful and desirable Las Olas Isles home in a security patrolled community

View of luxury new construction home for sale in Fort Lauderdale
View of luxury new construction home for sale in Fort Lauderdale

Las Olas Isles Homes for Sale
New Construction Homes

There are 18 Las Olas Isles homes for sale that are new construction homes – up from 16 in our last report.

The market analysis report for these homes is presented below.

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
High 6 7 7,780 $9,999,000 $915
Low 4 4 5,000 $2,750,000 $550
Average 5 6 6,293 $5,143,778 $765
Median 5 5.5 6,140 $5,324,500 $764

We can see from this report that the median price for a new construction luxury Fort Lauderdale home here in Las Olas Isles is $5,324,500this being for a 5 bedroom 5.5 bathroom luxury home of 6140 square feet – with a list price to square foot price of $764.00

In our last post in Nov/Dec the median price was $5,047,500 – this being for a 5 bedroom 5.5 bathroom luxury home of 6551 square feet – with a list price to square foot price of $764.00

Of the 18 new construction homes here in Fort Lauderdale’s Las Olas Isles – 17 are luxury waterfront homes!

Waterfront views from a luxury Fort Lauderdale home for sale here in Las Olas Isles
Waterfront views from a luxury Fort Lauderdale home for sale here in Las Olas Isles

Las Olas Isles Waterfront Homes for Sale

Of the 96 Luxury Fort Lauderdale homes currently for sale here in Las Olas Isles – 89 homes are luxury waterfront homes.

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

 Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 10 13 11,849 $14,995,000 $1,533
Average 5 5 5,172 $3,815,736 $742
Median 5 5 5,326 $3,100,000 $695

We can see from this report the details for these luxury waterfront homes – with prices upto $14,995,000.

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

In our last post the median list price was $2,995,000 – this being for a 5 bedroom 5 bathroom waterfront home.

Important to note is the list price to square foot price at $695.00 – in our last post the median was $654.00

Las Olas Isles Waterfront Homes for Sale

Here is the market analysis report for the 7 x non waterfront Fort Lauderdale homes for sale here in Las Olas Isles.

 Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 5 6 5,186 $3,650,000 $730
Low 3 2 2,200 $1,049,000 $361
Average 4 4 3,685 $2,062,429 $547
Median 5 4 3,351 $1,995,000 $530

We can see from this report that the median for a non waterfront home for sale here in Las Olas Isles is $1,995,000 – this being for a 5 bedroom 4 bathroom home of 3351 square feet.

In our last report when there were 5 non waterfront homes for sale the median was also $1,995,000 – this being for a 5 bedroom 3 bathroom home of 3367 square feet.

Important to note is the median list price to square foot price at $530.00 – which is less than our last post when the median was $549.00.

Las Olas Isles Homes for Sale
New Listings – Last 30 Days

There has been 18 new listings of single family homes for sale here in Las Olas Isles – over the last 30 days.

The market analysis report for these homes is presented below.

 Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 6 6 7,844 $9,999,000 $1,533
Low 3 2 1,433 $150,000 $530
Average 4 4.5 4,457 $3,414,278 $813
Median 5 5 4,319 $2,672,000 $706

We can see from this report that the median price for a new listing in Las Olas Isles is $2,672,000 – this being for a 5 bedroom 5 bathroom luxury home of 4,319 square feet with a list price to square foot price of $706.00 

In our last post in November / December there were 21 new luxury Fort Lauderdale Homes listed for sale here in the Las Olas Isles

The market analysis report for these homes is presented below.

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
High 9 9 7,780 $5,995,000 $1,089
Low 1 2 895 $975,000 $521
Average 5 5 5,062 $3,511,381 $711
Median 5 5 5,748 $3,295,000 $709

We can see from this report that the median price for a new listing was $3,295,000 – this being for a 5 bedroom 5 bathroom home.

It is useful to review the median list price to square foot price at $709.00

Kevin Wirth - Fort Lauderdale Realtor

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Kevin Wirth – 954-459-0337

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Luxury Las Olas Isles Homes for Sale
Pricing Guide by Bedroom

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

#Beds #FBaths SF/FF List Price LP$/SqFt
1 2 895 $975,000 $1,089
2 2 1,583.5 $1,437,000 $918
3 3 2,376 $1,624,000 $680
4 4 4,267 $2,297,500 $652
5 5 6,048 $4,095,000 $630
6 6 6,610 $4,642,500 $720
7 7.5 8,844 $8,947,500 $1,017
8 11 10,086 $9,250,000 $917
9 9 5,748 $2,995,000 $521
10 13 11,538 $12,995,000 $1,126

We can see from this report that the median price:

  • for the 1 x 1 bedroom 2 bathroom home is $975,000 – this being for a home/cottage of 895 square feet with a list price to square foot price of $1089.00 – note this home has 3 finger docks
  • for the 2 x 2 bedroom 2 bathroom homes is $1,437,000 – this being for a home of approx 1,583 square feet with a list price to square foot price of $918.00
  • for 3 bedroom 3 bathroom homes is $1,624,000 – this being for a home of approx 2,376 square feet with a list price to square foot price of $680.00
  • for a 4 bedroom 4 bathroom home is $2,297,500 – this being for a home of approx 4,267 square feet with a list price to square foot price of $652.00
  • for a 5 bedroom 5 bathroom home is $4,095,000 – this being for a home of 6,048 square feet with a list price to square foot price of $630.00
  • for a 6 bedroom 6 bathroom home is $4,642,500 – this being for a home of 6,610 square feet with a list price to square foot price of $720.00
  • for the 2 x 7 bedroom 7.5 bathroom homes is $8,947,500 – this being for a home of 8,844 square feet with a list price to square foot price of $1,017.00
  • for the 1 x 8 bedroom 11 bathroom home is $9,250,000 – this being for a home of 10,086 square feet with a list price to square foot price of $917.00
  • for the 1 x 9 bedroom 9 bathroom home is $2,995,000 – this being for a home of 5,748 square feet with a list price to square foot price of $521.00
  • 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

View of a Fort Lauderdale home pending sale here in Las Olas Isles

Las Olas Isles Homes for Sale
Pending Sales / Recent Sales

There are currently just 5 Las Olas Isles homes pending sale. 

 Homes #Beds #FBaths SF/FF List Price LP$/SqFt W/F
Idlewyld 5 5 5,813 $3,895,000 $670 Y
Nurmi 4 4 3,164 $1,995,000 $631 N
Castilla 4 3 3,810 $1,850,000 $486 Y
Clematis 3 3 3,367 $1,395,000 $414 N
Capri 4 3 1,930 $695,000 $360 N

We can see from this report the data for these homes, including the list price to square foot prices and days on market.

We can also see if the home is a waterfront home or a non-waterfront home.

Important to note for these homes pending sales is the range of list prices to square foot prices at $360.00 – $670.00 – which is a good indicator of where the market is for home buyers at this time!

View from a waterfront home for sale here in Las Olas Isles Fort Lauderdale

Las Olas Isles Recent Home Sales
Last 6 Months

There have been 26 sales of luxury Fort Lauderdale homes here in Las Olas Isles over the last 6 months

The market analysis report for these homes is presented below.

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 6 7 7,400 $5,600,000 $894 99.97 2,051
Low 2 2 1,431 $875,000 $301 67.31 0
Average 4 4 3,771 $2,041,106 $542 89.13 212
Median 4 3 3,171 $1,850,000 $540 90.91 140

We can see from this report that the median sales price has been $1,850,000this being for a 4 bedroom 3 bathroom 3171 square foot home with a sales price to square foot price of $540.00

In our last report for Nov/Dec 2014 the median sales price was $2,095,000 – this being for a 4 bedroom 4 bathroom 3915 square foot home with a sales price to square foot price of $551.00

Important to note is the median days on market at 140 days – which is the time from the data a home was listed for sale till the date the home sold AND closed!

Las Olas Isles Recent Home Sales
Last 6 Months – Waterfront Homes

Of the 26 sales of luxury Fort Lauderdale homes here in Las Olas Isles over the last 6 months – 21 sales have been for waterfront homes.

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

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 6 7 7,400 $5,600,000 $894 99.97 2,051
Low 2 2 1,431 $875,000 $301 67.31 0
Average 4 4 3,875 $2,134,417 $555 88.35 230
Median 4 3 3,500 $1,850,000 $553 89.66 171

We can see from this report that the median sales price for a luxury waterfront home has been $1,850,000this being for a 4 bedroom 3 bathroom 3500 square foot waterfront home with a sales price to square foot price of $553.00

In our last report the median sales price for a luxury waterfront home was $2,300,000 – this being for a 4 bedroom 4 bathroom 4006 square foot waterfront home with a sales price to square foot price of $560.00

Again it is important to note is the median days on market at 171 days 

It is also important to look at the median sales price to list price at 89.66% indicating that based on median data – sellers were prepared to accept prices approx 10% off list price in-order to achieve a sale. 

Las Olas Isles Recent Home Sales
Last 6 Months – Non Waterfront Home Sales

Of the 26 sales of luxury Fort Lauderdale homes here in Las Olas Isles over the last 6 months – just 5 sales have been for non waterfront homes.

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

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 5,186 $2,090,000 $732 98.39 371
Low 3 2 2,539 $914,900 $308 90.91 0
Average 3 3 3,358 $1,551,225 $479 93.26 135
Median 3 3 2,966 $1,600,000 $438 91.87 59

We can see from this report that the median sales price has been $1,600,000this being for a 3 bedroom 3 bathroom 2966 square foot home with a sales price to square foot price of $438.00

Again it is useful to note the median days on market at just 59 days – or under 2 months! 

Featured Sale
230 Nurmi Drive
Offered for Sale $5,950,000

LA: 7,400 TA: 10,000 YR: 1998
BED: 6 FBATH: 7 HBATH: 2
F993323

This luxury home is “Classic” old world design, with extensive handcrafted details throughout. 

 

The home features: a  gourmet kitchen and separate guest quarters all set on a fabulous southeast point lot with 315 feet of water frontage

This Luxury Fort Lauderdale waterfront home here in Nurmi Isles sold for $5,600,000 on the 16th of January 2015 this has been the most expensive Las Olas Isles home sold in the last 6 months!

This luxury waterfront home has a sales price to sq ft price of $757.00

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