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Rio Vista Homes

Rio Vista Homes
Fort Lauderdale

Search Homes for Sale in Rio Vista

In this post we look at Rio Vista Homes for Sale Fort Lauderdale, Pending Sales as well as Recent Home Sales.

We also give our pricing guide for homes in Rio Vista

Key Statistics for Buyers / Sellers

  • Prices from $479,000 – $32 Million

Median Prices

  • Median List Price $1,434,500
     New Construction $1762,000
    – Waterfront $3,345,000

    – Non Waterfront $949,000
  • Sales Price last 6 Months $1,005,913
    – Waterfront $1,650,000
    – Non Waterfront $875,000
  • Sales to List Price 94%
  • Days on Market 71 Days

Rio Vista
Homes for Sale

At time of writing there are 50 x Rio Vista homes for sale Fort Lauderdale – which is up from the 46 homes as per our last post in September / October 2015

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

$$  Beds/Baths SF/FF List Price
High 8 / 9 16,022 $32 Million
Low 2 / 1 1,468 $479,000
Avg 4 / 4 4,006 $3,044,711
Med 4 / 4 3,391 $1,434,500

We can see from this report that the median price for a Luxury Fort Lauderdale home for sale in Rio Vista is $1,434,500 – this being for a 4 bedroom 4 bathroom home of 3391 square feet.

Note: median prices for Fort Lauderdale homes for sale in this neighborhood had dropped by nearly $300,000 since our June / July 2015 post!

It is nice to see median prices in Oct / Nov starting to recover!

  • In our post for September / October median price for a luxury home for sale in Rio Vista was $1,349,500 – this being for a 4 bedroom 4 bathroom home of 3485 square feet.
  • In our post for August / September median price for a luxury home for sale in Rio Vista was $1,550,000 – this being for a 4 bedroom 4 bathroom home of 3563 square feet.
  • In our post for June / July median price for a luxury home for sale in Rio Vista was $1,645,000 – this being for a 4 bedroom 3 bathroom home of 3556 square feet.

Square Foot Prices
Homes for Sale

Here is our market summary report showing square foot prices for Fort Lauderdale Homes here in Rio Vista

$$  LP$/SqFt
High $1,997
Low $165
Avg $561
Med $420

We can see from this report that the median list price to square foot price for a Fort Lauderdale home for sale here in Rio Vista is $428.00.

Note: Median list price to square foot prices are down nearly $100.00 from our earlier post for June / July when they were $515.00

Note: Also the highest list price to square foot price at $1,997.00

Most Expensive
Rio Vista Home

The most expensive Fort Lauderdale home for sale in Rio Vista is offered for sale for $32 Million.

This luxury 16,022 square foot waterfront home on Ponce De Leon Drive offers 8 bedrooms and 8 bathrooms and has a list price to square foot price of $1,997.00

This luxury home is magnificently alive with craftsmanship and design.  

The home is a “new” 22,000 square feet Georgian inspired masterpiece and is positioned on approx. 2 acres of gardens landscaped by world renowned architect Raymond Jungles.

The home sits on a point lot that boasts 500′ of wide waterfront and offers a workshop, wine cellar, elevator, clubroom with bar, a 6 bay garage and guest house

View Fort Lauderdale new construction home for sale Rio Vista
View Fort Lauderdale new construction home for sale Rio Vista

Rio Vista Homes
New Construction

Of the 50 Luxury Fort Lauderdale homes for sale here in Rio Vista – 8 homes are brand new construction homes for sale! 

This is the same number new construction homes for sale as per our last post for September / October 2015!

The market analysis report for these homes is presented below:

$$  Beds/Baths SF/FF List Price
High 6 / 6 6,652 $6,995,000
Low 3 / 2 2,013 $889,000
Avg 4 / 4 4,249 $2,611,500
Med 4 / 4 3,899 $1,762,000

We can see from this report that the median price for a luxury new construction home here in Rio Vista is $1,762,000 – this being for a 4 bedroom 4 bathroom home of 3899 square feet with a list price to square foot price of $468.00

We can also see from this report the range of prices for new construction home – from $889,000 for a 3 bedroom 2 bathroom home to $6,995,000 for a luxury 6 bedroom 6 bathroom waterfront home

Important to note is the range if list prices to square foot prices for new construction homes – from a low of $389.00 per square foot to a high of $1052.00

Waterfront views luxury home for sale Rio Vista Fort Lauderdale
Waterfront views luxury home for sale Rio Vista Fort Lauderdale

Luxury Rio Vista
Waterfront Homes

Of the 50 Luxury Fort Lauderdale homes currently for sale here in Rio Vista – 18 homes are luxury waterfront homes.

This is up from the 15 waterfront homes for sale as in our last post.

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

 $$ Beds/Baths SF/FF List Price
High 8 / 9 16,022 $32 Million
Low 2 / 2 1,717 $1,225,000
Avg 5 / 5 5,909 $6,486,556
Med 4 / 4 5,120 $3,345,000

We can see from this report the details for these luxury waterfront homes – with prices from $1,225,000 to $32 Million.

We can also see that the median list price is $3,345,000 – this being for a 4 bedroom 4 bathroom 5120 square foot waterfront home.

In our last post for September / October the median price was $3,595,000 – this being for a 5 bedroom 5 bathroom 5147 square foot waterfront home.

Rio Vista
Non-Waterfront Homes

Of the 50 Luxury Fort Lauderdale homes currently for sale here in Rio Vista – 32 homes for sale are non waterfront homes

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 6 / 6 5,942 $2,895,000
Low 2 / 1 1,468 $479,000
Avg 4 / 3 2,962 $1,108,673
Med 4 / 3 2,860 $949,000

We can see from this report the details for these homes – with prices from $479,000 to $2,895,000.

We can also see that the median list price is $949,000 – this being for a 4 bedroom 3 bathroom 2860 square foot non-waterfront home.

Note: It is good to see median prices for non-waterfront homes on the rise after several months of “softening”!

In our last post in September / October 2015 the median was $866,000 – this being for a 3 bedroom 3 bathroom 2404 square foot non-waterfront home.

View Fort Lauderdale home just listed for sale Rio Vista
View Fort Lauderdale home just listed for sale Rio Vista

Rio Vista Homes
New Listings – Last 30 Days

There have been 10 new listings of a single family homes for sale here in Rio Vista – over the last 30 days

This is up from the 8 new listings in our Sept / Oct 2015 post.

The market analysis report for these homes is presented below.

$$  Beds/Baths SF/FF List Price
High 5 / 4 4,352 $3,995,000
Low 2 / 2 1,573 $575,000
Avg 4 / 3 2,639 $1,336,410
Med 4 / 3 2,597 $996,550

We can see from this report that the average price for a newly listed Fort Lauderdale home for sale here in Rio Vista is $1,336,410 and the median price is $996,550.

Both the average and median are based on 4 bedroom 3 bathroom homes of between 2597 and 2639 square feet.

Important to note is the median list price to square foot price at $380.00 – which is well down from $428.00 in our last post!

Kevin Wirth - Fort Lauderdale Realtor

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Kevin Wirth – 954-459-0337

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Rio Vista
Pricing Guide

Here is our pricing guide for Luxury Fort Lauderdale Homes for Sale here in Rio Vista by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,717 $1,395,000 $653
3 / 3 2,076 $774,500 $392
4 / 4 3,547 $1,649,000 $447
5 / 4 3,899 $1,729,000 $463
6 / 5 6,252 $2,810,000 $451
7 / 8 10,256 $18,250,000 $1,727
8*/ 8 16,022 $32,000,000 $1,997

We can see from this report that the median price:

  • for 2 bedroom 1 bathroom homes is $1,395,000* – this being for a home of approx 1,717 square feet with a list price to square foot price of $653.00 (* includes luxury waterfront homes)
  • for 3 bedroom 3 bathroom homes is $774,500– this being for a home of approx 2,076 square feet with a list price to square foot price of $392.00
  • for 4 bedroom 4 bathroom homes is $1,649,000– this being for a home of approx 3,547 square feet with a list price to square foot price of $447.00
  • for a 5 bedroom 4 bathroom home is $1,729,000 – this being for a home of 3,899 square feet with a list price to square foot price of $463.00
  • for a 6 bedroom 5 bathroom home is $2,810,000– this being for a home of 6252 square feet with a list price to square foot price of $451.00
  • for a 7 bedroom 8 bathroom home is $18,250,000– this being for a home of 10,256 square feet with a list price to square foot price of $1,727.00
  • for the 1 x 8 bedroom 8 bathroom home is $32 Million – this being for a home of 16,022 square feet with a list price to square foot price of $1,997.00
View of the only waterfront currently pending sale here in Rio Vista
View of the only waterfront currently pending sale here in Rio Vista

Rio Vista
Pending & Recent Sales

There are currently 5 Fort Lauderdale homes here in Rio Vista that are under contract and are now pending sale

This is well down 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 6 / 5 5,334 $2,495,000
Low 2 / 1 1,115 $515,000
Avg 4 / 3 2,805 $1,205,600
Med 3 / 2 1,600 $699,000

We can see from this report that the median price for a Rio Vista home pending sale is $699,000this being for a 3 bedroom 2 bathroom home of 1600 square feet.

Note of the 5 homes currently pending sale only 1 home is a luxury waterfront home.  

This home 1415 SE 11th Court was offered for sale for $1,699,000 and is a custom Rio Vista 4 bedroom waterfront home overlooking the Rio Cordova Canal.

Views from a waterfront home recently sold here in Rio Vista
Views from a waterfront home recently sold here in Rio Vista

Rio Vista Homes
Sales – Last 6 Months

There have been 22 sales of Fort Lauderdale homes here in Rio Vista over the last 6 months – this is also well down from 31 sales as per our last post!

The market analysis report for these homes is presented below

 $$ Beds/Baths SF/FF Sale Price
High 5 / 4 5,632 $3,100,000
Low 2 / 2 1,123 $440,000
Avg 4 / 3 2,677 $1,214,642
Med 4 / 2 2,488 $1,005,913

We can see from this report that the median sales price for a Fort Lauderdale home here in Rio Vista over the last 6 months has been $1,005,913 – this being for a 4 bedroom 2 bathroom home of 2488 sq ft.

It is very important to note the decline in median prices over the last few months… a decline of 21% or approx $270,000 since June / July.

  • In our last post for September / October 2015 the median sales price for a home sold in Rio Vista over the preceding 6 months was $1,100,000 – this being for a 4 bedroom 3 bathroom home of 2814 sq ft.
  • In our post for August / September 2015 the median sales price for a home sold in Rio Vista over the preceding 6 months was $1,250,000 – this being for a 4 bedroom 3 bathroom home of 2860 sq ft.
  • In our post for June / July  2015 the median sales price for a home sold in Rio Vista over the preceding 6 months was $1,275,000 – this being for a 4 bedroom 3 bathroom home of 2964 sq ft.

Waterfront Homes vs
Non-Waterfront Homes

Our market summary report for waterfront and non-waterfront home sales here in Rio Vista over the last 6 months is presented below.

 Median Beds/Baths SF/FF Sale Price
W/Front 4 / 3 2,701 $1,650,000
NonW/F 4 / 2 2,367 $875,000

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

  • One of the 7 luxury Rio Vista waterfront homes sold over the last 6 months was $1,650,000this being for a 4 bedroom 3 bathroom 2701 square foot home with a list price to square foot price of $647.00
  • One of the 15 Rio Vista non-waterfront homes sold over the last 6 months was $875,000this being for a 4 bedroom 2 bathroom 2367 square foot home with a list price to square foot price of $363.00

It is very important to note the premium paid for Fort Lauderdale waterfront homes for sale here is Rio Vista – a premium of over $300.00 per square foot!

Square Foot Prices
Homes Sold

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

 $$ SP$/SqFt
High $726
Low $283
Avg $449
Med $383

We can see from this report that the median sales price to square foot price paid for a Rio Vista home sold over the last 6 months has been $383.00 per square foot.

This is well down from $402.00 in our last post and $407.00 in our earlier post!

Important to note is the highest price paid at $726.00

% Sales to List Price

An important real estate indicators that is important to note is how much  buyers are paying for Rio Vista homes for sale in Fort Lauderdale – 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 89%
Med 94%

We can see from this report that the median sales price to list price for Fort Lauderdale home here in Rio Vista  has been 94% – up from 93% in our last post!

This means if a Fort Lauderdale home for sale here in Rio Vista is listed at $1 Million dollars – then based on median sales data the home could be expected to sell for 94% of that amount or $940,000 – based on MLS Data

Days on Market

Days on market for Homes for Sale in Rio Vista 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 179
Med 71

We can see from this report that the average days on market for a Fort Lauderdale home for Sale in Rio Vista is 179 days  – which is up from 149 days in our last post!

More importantly is the median days on market at 71 days – up slightly from 67 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 Rio Vista Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor