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River Oaks Homes

River Oaks Homes
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Search Homes for Sale in River Oaks

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

We also give our pricing guide for homes in River Oaks

Key Statistics for Buyers / Sellers

  • Prices from $189,500 – $1,250,000

Median Prices

  • List Price $597,000
    – Waterfront $619,500
    – Non-Waterfront $469,500
  • Sales Price last 6 Months $401,000
  • Sales to List Price 97%
  • Days on Market 67 Days

River Oaks
Homes for Sale

At time of writing there are 26 x River Oaks Fort Lauderdale Homes for Sale – this is down slightly from 27 homes for sale as per our last post for March / April 2015

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

 $$ Beds/Baths SF/FF List Price
High 5 / 4 3,453 $1,250,000
Low 2 / 1 750 $189,500
Avg 3 / 2 2,051 $601,250
Med 3 / 2 2,112 $597,000


We can see from this report that the median price for a River Oaks Fort Lauderdale Home for Sale is $597,000 –
this being for a 3 bedroom 2 bathroom home of 2112 square feet.

Median prices for homes for sale in this neighborhood have risen by $110,000 or 23% since our last report

In our last post for March / April 2015 the median price for a River Oaks Fort Lauderdale Home for Sale was $469,000 – this being for a 3 bedroom 2 bathroom home of 1622 square feet.

Square Foot Prices
Homes for Sale

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

 $$ LP$/SqFt
High $699
Low $168
Avg $321
Med $316

We can see from this report that the median list price to square foot price for a Fort Lauderdale home for sale here in River Oaks is $316.00 – well up from our last post!

In our last post in March / April 2015 the median list price to square foot price was $241.00

Artists rendering of the most expensive Fort Lauderdale home for sale here in River Oaks
Artists rendering of the most expensive home for sale in River Oaks

River Oaks
Most Expensive Home

The most expensive Fort Lauderdale home for sale here in River Oaks is a new construction home on Mandarin Isle which is offered for sale for $1,250,000

This brand new West Indies-inspired waterfront residence “The Tortola” is to be built using innovative designs and architecture by Shane Ames.

This homes inspiration finds its roots in the Caribbean and this residence combines a casual blend of tradition & tropical lifestyle while featuring 21st century comforts.

The home has 65± of deep-water ocean access water frontage and is gracefully appointed with wood trim and Bermuda style roofing. 

River Oaks
New Construction

There are currently 3 homes for sale here in River Oaks that are new construction homes.

The market analysis report for these homes is presented below

 $$ Beds/Baths SF/FF List Price
High 4 / 4 3,100 $1,250,000
Low 4 / 3 2,754 $600,000
Median 4 / 3 2,924 $725,000

We can see from this report that prices range from $600,000 for a 4 bedroom 3 bathroom new construction home to $1,250,000 for a 4 bedroom 4 bathroom luxury new construction waterfront home.

Square foot prices for these new construction homes range from $218.00 to $427.00.

Views River Oaks waterfront home for sale Fort Lauderdale
Views River Oaks waterfront home for sale Fort Lauderdale

River Oaks
Waterfront Homes

Of the 26 Fort Lauderdale homes currently for sale here in River Oaks – 16 homes are waterfront homes – this is well up from the 10 waterfront homes for sale in our last post for March / April 2015

The market analysis report for these waterfront homes is presented

 $$ Beds/Baths SF/FF List Price
High 5 / 4 3,453 $1,250,000
Low 2 / 1 1,136 $449,000
Avg 3 / 2 1,945 $690,812
Med 3 / 2 1,841 $619,500

We can see from this report the details for these waterfront homes – with prices from $449,000 to $1,250,000.

We can also see that the median list price is $619,500 – this being for a 3 bedroom 2 bathroom 1841 square foot waterfront home.

Median prices for homes for sale in this neighborhood have risen by $41,000 or 7% since our last report

In our last post for March / April 2015 the median list price is $578,000 – this being for a 3 bedroom 2 bathroom 1615 square foot waterfront home.

Note however that the median list price to square foot price for a Fort Lauderdale waterfront home for sale here in River Oaks is $348.00 which is down from $358.00 in our last post.

River Oaks
Non-Waterfront Homes

Of the 26 Fort Lauderdale homes currently for sale here in River Oaks – 10 homes are non-waterfront homes – which is down from 16 in our last post.

The market analysis report for these homes is presented below.

$$  Beds/Baths SF/FF List Price
High 4 / 3 3,166 $725,000
Low 2 / 1 750 $189,500
Avg 3 / 2 2,240 $457,950
Med 3 / 3 2,754 $469,500

We can see from this report the details for non-waterfront homes for sale – with prices from $189,500 to $725,000.

We can also see that the median list price is $469,500 – this being for a 3 bedroom 2 bathroom 2754 square foot non-waterfront home.

Note the increase in median prices from our last post.

Also note the increase in median size of these non-waterfront homes for sale – up from 1858 square feet to 2754 square feet an increase in size of 896 square feet or almost 50% from our last post!

In our last post for March / April 2015 the median list price was $327,000 – this being for a 3 bedroom 2 bathroom 1858 square foot non-waterfront home.

Fort Lauderdale home for sale here in River Oaks
Fort Lauderdale home for sale here in River Oaks

River Oaks Homes
New Listings – Last 30 Days

There has been 6 new listings of a single family homes for sale here in River Oaks – over the last 30 days.

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 5 / 3 3,453 $1,200,000
Low 2 / 1 888 $309,000
Avg 3 / 2 1,970 $645,222
Med 3 / 2 1,717 $619,000

We can see from this report that the median price for a new listing here in River Oaks is $619,000 – this being for a 3 bedroom 2 bathroom home of 1717 square feet with a list price to square foot price of $340.00.

In our last post for March / April the median price for one of the 6 new listings here in River Oaks was $377,450 this being for a 3 bedroom 2 bathroom home of 1706 square feet with a list price to square foot price of $224.00.

 

Kevin Wirth - Fort Lauderdale Realtor

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

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River Oaks Homes
Pricing Guide

Here is our pricing guide for Fort Lauderdale Homes for Sale here in River Oaks by Bedroom

Beds/Baths SF/FF List Price LP$/SqFt
2 / 2 1,182 $469,000 $359
3 / 2 2,006 $629,500 $310
4 / 3 2,838 $619,500 $218
5 / 3 3,453 $829,000 $240

 

We can see from this report that the median price:

  • for a 2 bedroom 2 bathroom home is $469,000 – this being for a home of approx 1182 square feet with a list price to square foot price of $359.00 
  • for 3 bedroom 2 bathroom homes is $629,500 – this being for a home of approx 2006 square feet with a list price to square foot price of $310.00
  • for 4 bedroom 3 bathroom homes is $619,500 – this being for a home of approx 2,838 square feet with a list price to square foot price of $218.00
  • for the 1 x 5 bedroom 3 bathroom home for sale is $829,000 – this being for a home of approx 3,453 square feet with a list price to square foot price of $240.00
View Fort Lauderdale home pending sale in River Oaks
View Fort Lauderdale home pending sale in River Oaks

River Oaks Homes
Pending & Recent Sales

There are currently 10 River Oaks homes pending sale – the same number as in our last post!

The market analysis report for these homes is presented below.

 $$ Beds/Baths SF/FF List Price
High 4 / 2 2,589 $500,000
Low 2 / 1 843 $140,000
Avg 3 / 2 1,467 $303,805
Med 3 / 2 1,516 $301,000

We can see from this report that the median price for a home currently pending sale here in River Oaks is $301,000this being for a 3 bedroom 2 bathroom home of 1516 square feet with a list price to square foot price of $207.00

In our last post for March / April 2015 the median price for a home pending sale here in River Oaks was $397,500 – this being for a 3 bedroom 2 bathroom home of 1323 square feet with a list price to square foot price of $314.00

River Oaks
Sales – Last 6 Months

There have been 27 sales of Fort Lauderdale homes here in River Oaks over the last 6 months – this is up from 17 sales as per our last post for March / April!

The market analysis report for these homes is presented below

$$  Beds/Baths SF/FF Sale Price
High 4 / 4 2,884 $1,102,000
Low 2 / 1 780 $142,500
Avg 3 / 2 1,573 $412,230
Med 3 / 2 1,354 $401,000

We can see from this report that the median sales price for a Fort Lauderdale home here in River Oaks over the last 6 months has been $401,000 – this being for a 3 bedroom 2 bathroom home of 1354 square feet. 

In our last post in March / April 2015 for the preceding 6 months was $380,000 – this being for a 3 bedroom 2 bathroom home of 1368 square feet.

Square Foot Prices
Homes Sold

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

$$  SP$/SqFt
High $419
Low $77
Avg $267
Med $251 

We can see from this report that the median sales price to square foot price paid for a River Oaks home sold over the last 6 months has been $251.00 per square foot.

Important to note is the highest price paid at $419.00

% 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 River Oaks – 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 97%
Med 97%

We can see from this report that both the average and median sales price to list price for Fort Lauderdale home here in River Oaks  has been 97%

This means if a Fort Lauderdale home for sale here in River Oaks is listed at $300,000 – then based on median sales data the home would sell for 97% of that amount or $291,000 – based on MLS data!

Days on Market

Days on market for Homes for Sale in River Oaks 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 104
Med 67

We can see from this report that the average days on market for a Fort Lauderdale home for Sale in River Oaks is 104 days

More importantly is the median days on market at 67 days

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 River Oaks Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor