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MARKET ACTIVITY REPORT

LAS OLAS ISLES

FULL YEAR - 2018


months of SUMMARY
24.7 inventory Las Olas Waterfront | 2018
L
A
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018 2017 TREND S W
(YR.)
A
Number of Active Listings 134 Number of Homes Sold 65 18% 55 O T
Median Asking Price $3,425,000 Median Selling Price $2,050,000 -7% $2,200,000 L E
Median Asking Price Per SF $745 Median Selling Price Per SF $598 13% $530
A R
S F
Median Living Area (SF) 4,710 Median Living SF 3,757 -24% 4,918 R
Median Water Frontage (WF) 100 Median Water Frontage 90 -10% 100 I O
Median Lot Size (SF) 11,700 Median Lot Size in SF 10,800 -2% 11,000 S N
L T
Median Year Built 1998 Median Year Built 1978 -0.7% 1992
E
Median Days on the Market 128 Median Days on the Market 152 -9% 167 S

months of
12.0 inventory $600k to $999k L
A
% CHANGE S W
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND
A
Number of Active Listings 2 Number of Homes Sold 2 100% 1 O T
Median Asking Price $975,000 Median Selling Price $940,000 -1% $950,000 L E
Median Asking Price Per SF $571 Median Selling Price Per SF $582 20% $486
A R
S F
Median Living Area (SF) 1,801 Median Living SF 1,647 -16% 1,955 R
Median Water Frontage (WF) 50 Median Water Frontage 50 0% 50 I O
Median Lot Size (SF) 6,375 Median Lot Size in SF 6,250 25% 5,000 S N
L T
Median Year Built 1933 Median Year Built 1952 -0.2% 1955
E
Median Days on the Market 105 Median Days on the Market 325 655% 43 S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
months of
12.4 inventory $1 Million to $1.99 Million F
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018 2017 TREND A
(YR.)
M
Number of Active Listings 29 Number of Homes Sold 28 40% 20 S I
Median Asking Price $1,649,000 Median Selling Price $1,585,000 5% $1,512,500 I L
Median Asking Price Per SF $648 Median Selling Price Per SF $590 15% $514
N Y
G
Median Living Area (SF) 2,576 Median Living SF 2,655 2% 2,615 L H
Median Water Frontage (WF) 80 Median Water Frontage 81 -5% 85 E O
Median Lot Size (SF) 9,287 Median Lot Size in SF 10,111 -1% 10,200 M
E
Median Year Built 1956 Median Year Built 1955 -0.2% 1959
S
Median Days on the Market 117 Median Days on the Market 155 -20% 193

months of
21.8 inventory $2 Million to $2.99 Million L
A
% CHANGE S W
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND
A
Number of Active Listings 29 Number of Homes Sold 16 -6% 17 O T
Median Asking Price $2,690,000 Median Selling Price $2,320,500 1% $2,290,000 L E
Median Asking Price Per SF $630 Median Selling Price Per SF $532 8% $493
A R
S F
Median Living Area (SF) 4,247 Median Living SF 4,344 -13% 4,984 R
Median Water Frontage (WF) 85 Median Water Frontage 100 0% 100 I O
Median Lot Size (SF) 10,780 Median Lot Size in SF 12,000 0% 12,000 S N
L T
Median Year Built 1990 Median Year Built 1981 -0.9% 1999
E
Median Days on the Market 178 Median Days on the Market 144 53% 94 S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
months of
36.0 inventory $3 Million to $3.99 Million F
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018 2017 TREND A
(YR.)
M
Number of Active Listings 21 Number of Homes Sold 7 40% 5 S I
Median Asking Price $3,495,000 Median Selling Price $3,425,000 1% $3,400,000 I L
Median Asking Price Per SF $691 Median Selling Price Per SF $628 31% $481
N Y
G
Median Living Area (SF) 5,075 Median Living SF 5,631 -26% 7,647 L H
Median Water Frontage (WF) 100 Median Water Frontage 100 0% 100 E O
Median Lot Size (SF) 12,000 Median Lot Size in SF 11,910 -1% 12,000 M
E
Median Year Built 1995 Median Year Built 2004 0.05% 2003
S
Median Days on the Market 126 Median Days on the Market 322 21% 266

months of
33.0 inventory $4 Million to $5.99 Million L
A
% CHANGE S W
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND
A
Number of Active Listings 22 Number of Homes Sold 8 0% 8 O T
Median Asking Price $4,972,500 Median Selling Price $4,575,000 3% $4,437,500 L E
Median Asking Price Per SF $866 Median Selling Price Per SF $749 8% $696
A R
S F
Median Living Area (SF) 6,076 Median Living SF 6,650 1% 6,601 R
Median Water Frontage (WF) 100 Median Water Frontage 102 2% 100 I O
Median Lot Size (SF) 11,850 Median Lot Size in SF 11,775 1% 11,700 S N
L T
Median Year Built 2015 Median Year Built 2015 0.05% 2014
E
Median Days on the Market 167 Median Days on the Market 145 -10% 162 S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
months of
60.0 inventory $6 Million to $9.99 Million F
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018 2017 TREND A
(YR.)
M
Number of Active Listings 20 Number of Homes Sold 4 100% 2 S I
Median Asking Price $6,995,000 Median Selling Price $6,650,000 -19% $8,180,000 I L
Median Asking Price Per SF $1,008 Median Selling Price Per SF $839 -7% $905
N Y
G
Median Living Area (SF) 7,007 Median Living SF 7,799 -21% 9,876 L H
Median Water Frontage (WF) 111 Median Water Frontage 103 -5% 108 E O
Median Lot Size (SF) 13,485 Median Lot Size in SF 12,650 -2% 12,900 M
E
Median Year Built 2017 Median Year Built 2017 0.05% 2016
S
Median Days on the Market 107 Median Days on the Market 157 15% 136

months of
132.0 inventory $10 Million Plus L
A
% CHANGE S W
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND
A
Number of Active Listings 11 Number of Homes Sold 0 -100% 2 O T
Median Asking Price $16,490,000 Median Selling Price $0 -100% $14,925,000 L E
Median Asking Price Per SF $1,791 Median Selling Price Per SF $0 -100% $1,210
A R
S F
Median Living Area (SF) 10,800 Median Living SF 0 -100% 12,128 R
Median Water Frontage (WF) 300 Median Water Frontage 0 -100% 457 I O
Median Lot Size (SF) 25,999 Median Lot Size in SF 0 -100% 41,405 S N
L T
Median Year Built 2011 Median Year Built 0 -100% 2007
E
Median Days on the Market 153 Median Days on the Market 0 -100% 111 S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
months of
3.5 inventory Las Olas Condos $600k to $999k L
A
S W
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND A
O T
Number of Active Listings 5 Number of Homes Sold 17 42% 12 L E
A R
Median Asking Price $900,000 Median Selling Price $845,000 9% $775,000
S F
Median Asking Price Per SF $406 Median Selling Price Per SF $393 9% $361 R
I O
Median Living Area (SF) 2,240 Median Living SF 2,253 7% 2,104
S N
Median Year Built 2005 Median Year Built 2005 0% 2005 L T
Median Days on the Market 101 Median Days on the Market 103 -19% 127 E
S

months of
10.3 inventory Las Olas Condos $1 Million Plus L
A
S
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND
O C
Number of Active Listings 18 Number of Homes Sold 21 -16% 25 L O
Median Asking Price $1,537,500 Median Selling Price $1,650,000 -0.2% $1,654,000 A N
S D
Median Asking Price Per SF $555 Median Selling Price Per SF $550 0.2% $549 O
I
Median Living Area (SF) 2,849 Median Living SF 2,865 -9% 3,134 S
S
Median Year Built 2016 Median Year Built 2016 0% 2016 L
Median Days on the Market 76 Median Days on the Market 122 67% 73 E
S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
months of
0.0 inventory Las Olas Townhomes $600k to $999k L
A
S W
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND A
O T
Number of Active Listings 0 Number of Homes Sold 2 100% 1 L E
A R
Median Asking Price $0 Median Selling Price $839,000 -8% $908,000
S F
Median Asking Price Per SF $0 Median Selling Price Per SF $331 -26% $449 R
I O
Median Living Area (SF) 0 Median Living SF 2,516 24% 2,024
S N
Median Year Built 0 Median Year Built 1984 -1% 1999 L T
Median Days on the Market 0 Median Days on the Market 68 -69% 221 E
S

months of
15.0 inventory Las Olas Townhomes $1 Million Plus L
A
S T
% CHANGE
CURRENT INVENTORY (as of 12.31.2018) 2018
(YR.)
2017 TREND O
O W
Number of Active Listings 10 Number of Homes Sold 8 -47% 15 L N
A
Median Asking Price $1,750,000 Median Selling Price $1,292,500 1% $1,275,000 H
S
Median Asking Price Per SF $472 Median Selling Price Per SF $417 8% $386 O
I M
Median Living Area (SF) 3,678 Median Living SF 3,282 -4% 3,435
S E
Median Year Built 2015 Median Year Built 2007 -0.1% 2010 L S
Median Days on the Market 160 Median Days on the Market 139 -37% 219 E
S

Information is believed accurate but is not warranted or guaranteed. Data compiled from the Multiple Listing Service, Broward county tax records, etc. and should be verified by both Buyers and Sellers.
CHIP FALKANGER | Florida Luxurious Properties Chip@ChipKnowsLuxuryRealEstate.com
ChipKnowsLuxuryRealEstate.com (561) 702-0691

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