Galt Ocean Mile
Market Update
January / February 2025
Welcome to my Galt Ocean Mile Market Update for January / February 2025. In this update I outlined Key Statistics as well as my market commentary.
I also outline sales prices for Galt Ocean Mile condos / Zip 33308 Oceanfront condos by bedroom – studios, 1 bedroom units, 2 bedroom units, 3 bedroom unit and 4 bedroom units.
Following this Galt Ocean Mile condo sales / Zip 33308 Oceanfront condos sales for the last 6 Months by unit.
Galt Ocean Mile Condos
2025 Key Statistics
- There have been 75 Galt Ocean Mile / 33308 Oceanfront condo sales over the last 6 Months – well down from 141 sales as in our last post – read our last post!
- Sales Prices from $230,000 – $5,650,000
- Median Days on Market – 84 Days (List to Close) – up from 62 Days! (List to Close) as in our last post!
- Median Sales Price to List Price 93% – down from 95%
Studio Units
4 x Studio Unit Sold
Sales Prices $284,000 – $355,000
Median Sales Price $337,500
– 0 Bed / 1 Bath Unit
Median Sp$/Sqft $743.00
1 Bedroom Units
17 x 1 Bedroom Units Sold
Sales Prices $280,000 – $469,050
Median Sales Price $407,500
-1 Bed / 1 Bath Unit
Median Sp$/Sqft $381.00
2 Bedroom Units
37 x 2 Bedroom Units Sold
Sales Prices $230,000 – $1,525,000
Median Sales Price $683,000
– 2 Bed / 2 Bath Unit
Median Sp$/Sqft $434.00
3 Bedroom Units
16 x 3 Bedroom Units Sold
Sales Prices $850,000 – $3,500,000
Median Sales Price $1,742,000
– 3 Bed / 2 Bath Unit
Median Sp$/Sqft $792.00
4 Bedroom Units
1 x 4 Bedroom Units Sold
Sales Price $5,650,000
– 4 Bed / 25 Bath Unit
Sp$/Sqft $1,220.00
Galt Ocean Mile Condos
Market Commentary
A very important market statistics relative to Galt Ocean Mile condos and Zip 33308 Direct Oceanfront Condos is months of supply…
- Our market has dramatically changed with over 18 Months of Supply for Galt Ocean Mile Condos for Sale – This is very different from just a couple of years ago when we had been in a “Sellers” Market with 2.5 – 2.6 Month’s Supply of Galt Condos for Sale!
6 Months is considered “Normal” – Months of supply is a good indicator of whether a particular real estate market is favoring buyers or sellers. Typically, a market that favors sellers has less than 6 months of supply, while more than 6 months of supply indicates an excess of homes for sale that favors buyers.
Kevin Wirth P.A. Realtor
954-459-0337 .
Thinking of Selling?
Call me today to find out what your home’s WIRTH!
Awarded Castelli’s #1 Agent: 2016-2024 (9 Years Running)
Over 200 Condos Sold – yes by me personally
#1 Agent – Last 9+ Years (Residential & Condo Sales)
I specialize in the marketing and selling of direct oceanfront
condos here on Galt Ocean Mile and in Lauderdale by the Sea!
Phone: 954-459-0337 Email: [email protected]
Galt Ocean Mile / Zip 33308
Oceanfront Condos Sales
By Bedroom – Last 6 Months
Here are the sales prices for Galt Ocean Mile condos / Zip 33308 Oceanfront condos by bedroom – studios, 1 bedroom units, 2 bedroom units, 3 bedroom unit and 4 or more bedroom units sold over the last 6 months!
Read our last post for Galt Mile condos sold over the last 6 months!
Galt Ocean Mile Condos
Studio Units
There have been 4 sales of Galt Ocean Mile Studio / Zip 33308 Direct Oceanfront condos over the last 6 Months – In our last post there had just been 1 sale of a studio units over the preceding 6 months!
Here is our market summary report for Galt Ocean Mile / Zip 33308 Oceanfront studio condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 0 / 1 | 310 | $284,000 | $441.00 |
| Max | 0 / 1 | 644 | $355,000 | $1,145.00 |
| Avg | 0 / 1 | 489 | $328,500 | $768.00 |
| Median | 0 / 1 | 500 | $337,500 | $743.00 |
We can also see from this report that the average sales price for Galt Ocean Mile Studio / Zip 33308 Oceanfront Studio sold over the preceding 6 months was $328,500 – this being for a 1 bathroom unit of 489 square feet with a sales price to square foot price of $768.00
We can also see from this report that the median sales price for Galt Ocean Mile Studio / Zip 33308 Oceanfront Studio sold over the preceding 6 months was $337,500 – this being for a 1 bathroom unit of 500 square feet with a sales price to square foot price of $743.00
In our last post the median sales price for Galt Ocean Mile Studio / Zip 33308 Oceanfront Studio sold over the preceding 6 months was a little lower at $325,000 – this being for a larger 1 bathroom unit of 644 square feet with a sales price to square foot price of $505.00
Galt Ocean Mile Condos
1 Bedroom Units
There have been 17 sales of 1 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months – It is important to note that this is well down from our last post there had been been 32 sales of 1 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the preceding 6 months
Here is our market summary report for Galt Ocean Mile / Zip 33308 Oceanfront 1 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 1 / 1 | 357 | $280,000 | $299.00 |
| Max | 1 / 1 | 1,370 | $469,050 | $910.00 |
| Avg | 1 / 1 | 972 | $395,554 | $435.00 |
| Median | 1 / 1 | 1,050 | $407,500 | $381.00 |
We can see from this report that the average sales price for 1 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $395,554 – this being for a 1 bedroom 1 bathroom unit of 972 square feet with a sales price to square foot price of $435.00
We can also see from this report that the median sales price for a 1 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $407,500 – this being for a 1 bedroom 1 bathroom unit of 1050 square feet with a sales price to square foot price of $381.00
In our last post the median sales price for a 1 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months was higher at $435,000 – this being for a 1 bedroom 1 bathroom unit of 960 square feet with a sales price to square foot price of $434.00
Galt Ocean Mile Condos
2 Bedroom Units
There have been 37 sales of 2 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months – It is important to note that this is well down from our last post here had been 69 sales of 2 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the preceding 6 months.
Here is our market summary report for Galt Ocean Mile / Zip 33308 Oceanfront 2 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 2 / 1 | 310 | $230,000 | $251.00 |
| Max | 2 / 3 | 1,950 | $1,525,000 | $992.00 |
| Avg | 2 / 2 | 1,554 | $718,695 | $471.00 |
| Median | 2 / 2 | 1,537 | $683,000 | $434.00 |
We can see from this report that the average sales price for a 2 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $718,695 – this being for a 2 bedroom 2 bathroom unit of 1554 square feet with a sales price to square foot price of $471.00
We can also see from this report that the median sales price for a 2 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $683,000 – this being for a 2 bedroom 2 bathroom unit of 1537 square feet with a sales price to square foot price of $434.00
In our last post the median sales price for a 2 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the preceding 6 months was higher at $700,000 – this being for a 2 bedroom 2 bathroom unit of 1575 square feet with a sales price to square foot price of $464.00
Galt Ocean Mile Condos
3 Bedroom Units
There have been 16 sales of 3 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months – It is important to note this is well down from our last post there had been 31 sales of 3 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months
Here is our market summary report for Galt Ocean Mile / Zip 33308 Oceanfront 3 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Min | 3 / 2 | 1,888 | $850,000 | $366.00 |
| Max | 3 / 4 | 2,900 | $3,500,000 | $1,370.00 |
| Avg | 3 / 3 | 2,346 | $1,837,500 | $785.00 |
| Median | 3 / 2 | 2,309 | $1,742,500 | $792.00 |
We can see from this report that the average sales price for a 3 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $1,837,500 – this being for a 3 bedroom 3 bathroom unit of 2346 square feet with a sales price to square foot price of $785.00
We can also see from this report that the median sales price for a 3 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the last 6 months has been $1,742,500 – this being for a 3 bedroom 2 bathroom unit of 2309 square feet with a sales price to square foot price of $792.00
In our last post the median sales price for a 3 bedroom Galt Ocean Mile condos / Zip 33308 Oceanfront condo sold over the preceding 6 months was higher at $1,775,000 – this being for a 3 bedroom 2 bathroom unit of 2124 square feet with a sales price to square foot price of $761.00
Galt Ocean Mile Condos
4 Bedroom Units
There has been 1 sale of a 4 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months – In our last post there had been no sales of 4 bedroom Galt Ocean Mile condos / Zip 33308 Direct Oceanfront condos over the last 6 months
Here is our market summary report for Galt Ocean Mile / Zip 33308 Oceanfront 4 bedroom condos sold over the last 6 months.
| BEDS / BATHS | LA | SP$ | SP$/SqFt | |
| Median | 4 / 5 | 4,630 | $5,650,000 | $1,220.00 |
We can also see from this report that the sales price for the 1 x 4 bedroom Galt Ocean Mile condo / Zip 33308 Oceanfront condo sold over the last 6 months was $5,650,500 – this being for a 4 bedroom 5 bathroom unit of 4630 square feet with a sales price to square foot price of $1,220.00