View of a Fort Lauderdale Home here in Coral Ridge

Coral Ridge Sales 2012

In this update we review Coral Ridge Fort Lauderdale Homes sales for 2012 including median prices and prices by bedroom.

We also review the most expensive Luxury Coral Ridge Home sold in 2012 as well as Coral Ridge Waterfront Homes Sale. 

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Coral Ridge Homes Sales 2012
Market Analysis Report

Here is the market analysis report for the 84 x Coral Ridge Homes sold in 2012

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 7,763 $3,150,000 $648 110.94 1,182
Low 0 0 1,415 $190,000 $119 0 1
Average 4 3 2,879 $835,495 $277 91.37 131
Median 4 3 2,473 $662,500 $243 93.2 70.5

 

We can see from this report that the average price for a Coral Ridge Fort Lauderdale home sold in 2012 was $835,495  – this being for a 4 bedroom 3 bathroom home of 2879 square feet.

We can also see that median price for a Coral Ridge home sold in 2012 was $662,500this also being for a 4 bedroom 3 bathroom home – a home of 2473 square feet with a sales price to square foot price of $243.00

We can also see that the smallest home sold had no bedrooms and that the largest home sold in Coral Ridge in 2013 was a 5 bedroom luxury home

It is important to be accurate with home sales to remove the lot sales from the data.

View of a Coral Ridge Pool home here in Fort Lauderdale

Coral Ridge Lot Sale

As outlined included in the MLS results above was a lot and not a home – inclusion of lots distorts the data for home sales for 2012.

The market analysis report for this lot is presented below:

 Property #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
2617NE27TH 0 0 0 $190,000 $0 100 8

 

This property is a gutted and vacant and has been boarded up – it is more of a construction site. 

The property has $67,000 in city liens to date.  The lot is in a great location close to the Bayview elementary district, the Galleria Mall and the beach.    

This is a cash sale only and the lot is offered for sale as a Short sale. 

The property / lot 2617 NE 27th sold for $190,000 – which was 100% of its list price.

Coral Ridge Homes Sales 2012
Market Analysis Report – Adjusted

Here is the market analysis report for the 83 actual Coral Ridge Homes sold in 2012 – with the lot sale removed.

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 7,763 $3,150,000 $648 110.94 1,182
Low 2 1 1,415 $300,000 $119 0 1
Average 4 3 2,879 $843,272 $277 91.26 132
Median 4 3 2,473 $665,000 $243 93.08 72


We can see from this report that the average price for a Coral Ridge Fort Lauderdale home sold in 2012 increases to $843,272
  – this being for a 4 bedroom 3 bathroom home of 2879 square feet.

We can also see that median price for a Coral Ridge home sold in 2012 increases to $665,000  feet.

We review the market analysis report for Coral Ridge Country Club  homes sales by bedroom below.

Kevin Wirth - Fort Lauderdale Realtor

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Kevin Wirth Realtor
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Coral Ridge Homes Sales 2012
Market Analysis – Waterfront Homes

Of the 83 x Coral Ridge Homes sold in 2012 – 34 sales were for luxury waterfront homes.

The market analysis report for Coral Ridge waterfront home sales is presented below

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 6,300 $3,150,000 $648 100 1,182
Low 3 2 1,824 $564,860 $128 63.11 7
Average 4 3.5 3,423 $1,249,047 $368 90.06 178
Median 4 3 3,329 $971,250 $376 91.37 111

 

We can see from this report that the average price for a luxury waterfront Coral Ridge home sold in 2012 was $1,249,047  – this being for a 4 bedroom 3.5 bathroom waterfront home of 3423 square feet.

We can also see that median price for Luxury Fort Lauderdale waterfront home sold in Coral Ridge home in 2012 was $971,250this being for a 4 bedroom 3 bathroom home – a home of 3329 square feet with a sales price to square foot price of $376.00

Important to note is the highest price paid per square foot at $648.00

Views from a waterfront home here in Coral Ridge Fort Lauderdale

Coral Ridge Homes Sales 2012
Market Analysis – Non Waterfront Homes

Of the 83 x Coral Ridge Homes sold in 2012 – 50 sales were for non-waterfront homes.

The market analysis report for Coral Ridge non waterfront home sales is presented below

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 7,763 $1,750,000 $288 110.94 413
Average 3 3 2,547 $554,279 $220 92.26 98
Median 3 3 2,222 $475,000 $224 94.24 47

 

We can see from this report that the average price for a non-waterfront Coral Ridge home sold in 2012 was $554,279  – this being for a 3 bedroom 3 bathroom waterfront home of 2547 square feet.

We can also see that median price for Luxury Fort Lauderdale non-waterfront home sold in Coral Ridge home in 2012 was $475,000 – this being for a 3 bedroom 3 bathroom home – a home of 2222 square feet with a sales price to square foot price of $224.00

Important to note is the highest price paid per square foot at $288.00

View of a luxury Fort Lauderdale Home here in Coral Ridge

Coral Ridge Homes
2012 Median Sales Price by Bedroom

Here is the market analysis summary for Coral Ridge homes sold in 2012 by median prices by bedroom.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
2 2 1,780 $389,500 $238 93.13 58
3 2 2,154 $585,000 $241 94.19 40
4 3 2,996 $680,000 $243 92.34 69
5 5 4,397 $1,050,000 $272 91.61 203

 

We can see from this report the median prices for 2 bedroom,
3 bedroom homes, 4 bedroom homes and 5 bedroom homes. 

We can also see the sales price to square foot prices, the sales price to list price as well as the days on market – this is how long the home took to sell from the time it was listed for sale, till it went pending sale and then closed.

Coral Ridge Fort Lauderdale Homes
Market Analysis Report 2 Bedroom Homes

Here is the market analysis report for the 8 x 2 bedroom Coral Ridge Fort Lauderdale Homes sold in 2012

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2 3 2,017 $560,000 $278 100.63 273
Low 2 1 1,415 $300,000 $169 85.71 3
Average 2 2 1,759 $395,750 $227 93.46 97.5
Median 2 2 1,780 $389,500 $238 93.13 58

 

We can see that the average price for a 2 bedroom Coral Ridge home sold here in Fort Lauderdale in 2012 was $395,750  – this being for a 2 bedroom 2 bathroom home of 1759 square feet.

We can also see that median price for a 2 bedroom Coral Ridge home sold in 2012 was $389,500this also being for a 2 bedroom 2 bathroom home  – a home of 1780 square feet.

Important to note is the median sales price to square foot price at $238.00

Also important to note is the median days on market for a Coral Ridge home at just 58 days (under 2 months) which indicates strong demand for 2 bedroom homes in this popular Fort Lauderdale neighborhood.

Coral Ridge Fort Lauderdale Homes
Market Analysis Report 3 Bedroom Homes

Here is the market analysis report for the 31 x 3 bedroom Coral Ridge Fort Lauderdale Homes sold in 2012

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 3 3 3,190 $1,025,000 $476 100 470
Low 3 2 1,752 $335,000 $175 63.11 7
Average 3 2 2,240 $615,714 $272 92.88 97
Median 3 2 2,154 $585,000 $241 94.19 40

 

We can see that the average price for a 3 bedroom Coral Ridge home sold here in Fort Lauderdale in 2012 was $615,714  – this being for a 3 bedroom 2 bathroom home of 2240 square feet.

We can also see that median price for a 3 bedroom Coral Ridge home sold in 2012 was $585,000this being for a 3 bedroom 2 bathroom of 2154 square feet.

Again it is important to note is the median sales price to square foot price at $241.00 and the median days on market at just 40 days!

Coral Ridge Fort Lauderdale Homes
Market Analysis Report 4 Bedroom Homes

Here is the market analysis report for the 29 x 4 bedroom Coral Ridge Fort Lauderdale Homes sold in 2012

 Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 4 4 4,860 $3,150,000 $648 110.94 413
Low 4 2 1,757 $305,000 $119 0 1
Average 4 3 3,024 $937,910 $289 89.38 105.17
Median 4 3 2,996 $680,000 $243 92.34 69

 

We can see that the average price for a 4 bedroom Coral Ridge home in 2012 was $937,910  – this being for a 4 bedroom 3 bathroom home of 3024 square feet.

We can also see that median price for a 4 bedroom Coral Ridge home sold in 2012 was $680,000this being for a 4 bedroom 3 bathroom home of 2996 square feet 

Again it is important to note is the median sales price to square foot price at $243.00 

It is also important to note is the median days on market for a 4 bedroom Coral Ridge home at  just 69 days

Coral Ridge Fort Lauderdale Homes
Market Analysis Report 5 Bedroom Homes

Here is the market analysis report for the 15 x 5 bedroom Coral Ridge Fort Lauderdale Homes sold in 2012

Pricing  #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 5 6 7,763 $3,110,000 $518 100 1,182
Low 5 3 2,308 $475,000 $128 80.55 15
Average 5 4.5 4,602 $1,369,267 $295 90.39 276
Median 5 5 4,397 $1,050,000 $272 91.61 203

 

We can see that the average sales price for a 5 bedroom home in 20132was $1,369,267 – this being for a 5 bedroom 4.5 bathroom home of 4602 square feet.

We can also see that the median sales price for a 5 bedroom home in 2012 was $1,050,000 – this being for a 5 bedroom 5 bathroom home of 4397 square feet – with a sales price to square foot price of $272.00

 

Most Expensive Homes Sale
Coral Ridge Fort Lauderdale – 2012

Here is the market analysis report for the most expensive Fort Lauderdale home sold in Coral Ridge in 2012

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
4 4 4,860 $3,150,000 $648 90.12 187

 

We can see from this report that the most expensive sale was for a 4 bedroom 4 bathroom home of 4860 square feet.

This home 2300 Intracoastal Drive  sold for $3,150,000 – which was 90.12% of list price.  

2300 Intracoastal Drive
Offered for Sale $3,495,000

LA: 4,860 TA: 7,868 YR: 2011
BED: 4 FBATH: 4 HBATH: 1
F1156989

This Fort Lauderdale home is a “New” direct Intracoastal “Estate Home” with wide water views!

This gorgeous home has: 3 gas fireplaces, heated salt water pool, huge outdoor entertainment space, summer kitchen, outdoor “living room” with gas fireplace and flat screen tv!

Other features include: chef’s kitchen with walk-in pantry and center island.   The home has an upstairs 2nd family room on the Intracoastal with a huge upper balcony for entertaining!   You will love the grand master bedroom with its sitting area and wet bar, steam shower, high tech and  security.

The home has a generator, and 2 tankless water heaters, there are 9 flat screen tv’s as well as boat and jet ski lifts!

This Luxury Fort Lauderdale Waterfront Home in Coral Ridge sold for $3,150,000 on the 19th of April 2012

 

The home was sold in 187 days – this the time from the date the home was listed for sale, till the home sold AND closed.

Important to note is that this luxury Fort Lauderdale home had a sales price to square foot price of $648.00 – which was the highest sales price to square foot price paid for a home in 2012.

I hope you have enjoyed my report on Coral Ridge Fort Lauderdale Homes sales for 2012 – Kevin Wirth Realtor