Sea Ranch Club Market Update
June 2023 / July 2023
Welcome to my Sea Ranch Club Lauderdale by the Sea market update for June 2023 / July 2023. In this update I outlined Key Statistics as well as my market commentary.
I also outline sales prices for Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condos by bedroom – 1 bedroom units, 2 bedroom units and 3 bedroom units. Following this I outline Sea Ranch Club condos sales for the last 6 months by unit.
Sea Ranch Club Key Statistics
June 2023 / July 2023
- There have been 16 Sea Ranch Club Lauderdale by the Sea condo sales over the last 6 Months – up from 10 in our last post!
- Sales Prices from $475,000 – $1,250,000
- 1 Bedroom Units
- 3 x 1 Bedroom Units Sold
- Sales Prices $475,000 – $535,000
- Median Sales Price $530,000
– 1 Bed / 1 Bath Unit - Median Sp$/Sqft $446.00
- 2 Bedroom Units
- 12 x 2 Bedroom Units Sold
- Sales Prices $700,000 – $1,250,000
- Median Sales Price $835,500
– 2 Bed / 2 Bath Unit - Median Sp$/Sqft $542.00
- 3 Bedroom Units
- 1 x 3 Bedroom Unit Sold
- Sales Price $1,250,000
– 3 Bed / 2 Bath Unit - Median Sp$/Sqft $595.00
Sea Ranch Club Condos Market Commentary
Here are two very important market statistics relative to Sea Ranch Club Lauderdale by the Sea Direct Oceanfront Condos
- We continue to see some of the lowest Number of Lauderdale by the Sea / 33308 Oceanfront Condos for Sale in 10 Years!
As at June 16th 2023 there are just 26 direct oceanfront condos for sale! - The Market – Currently there is a 3 Month Supply of Lauderdale by the Sea / Zip 33308 Oceanfront Condos for Sale!
6 Months is considered “Normal” – Months of supply is a good indicator of whether a particular real estate market is favoring buyers or sellers. Typically, a market that favors sellers has less than 6 months of supply, while more than 6 months of supply indicates an excess of homes for sale that favors buyers.
Kevin Wirth P.A. Realtor 954-459-0337 .
Thinking of Selling?
Call me today to find out what your home’s WIRTH!
Awarded Castelli’s #1 Agent: 2016, 2017, 2018, 2019 & 2020
Over 200 Condos Sold – yes by me personally
#1 Agent – Last 5+ Years
I specialize in the marketing and selling of direct oceanfront condos here in Lauderdale by the Sea and on Galt Ocean Mile!
Phone: 954-459-0337 Email: [email protected]
Sea Ranch Club Lauderdale by the Sea Condo Sales Last 6 Months
There have been 16 sales of Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condos over the last 6 months – this is up from the 10 x Sea Ranch Club Lauderdale by the Sea condos sold over the preceding 6 months as in our last post for April / May 2023!
Here is our market summary report for those sales.
BEDS / BATHS | LA | SP$ | SP$/SqFt | |
Min | 1 / 1 | 1,080 | $475,000 | $396.00 |
Max | 3 / 2 | 2,100 | $1,250,000 | $615.00 |
Avg | 2 / 2 | 1,560 | $830,938 | $526.00 |
Median | 2 / 2 | 1,566 | $816,000 | $529.00 |
We can see from this report that the average sales price for a Sea Ranch Club Lauderdale by the Sea condo sold over the last 6 months has been $830,938 – this being for a 2 bedroom 2 bathroom 1560 square foot unit with a sales price to square foot price of $526.00
In our last post the average sales price for a Sea Ranch Club Lauderdale by the Sea condo sold over the last 6 months was lower at $760,360 – this being for a 2 bedroom 2 bathroom 1534 square foot unit with a sales price to square foot price of $493.00
We can also see from this report that the median sales price for a Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condo sold over the last 6 months has been $816,000 – this being for a 2 bedroom 2 bathroom 1566 square foot unit with a sales price to square foot price of $529.00
In our last post the median sales price for a Sea Ranch Club 4900-5100 N Ocean Blvd, Lauderdale by the Sea condo sold over the preceding 6 months was higher at $831,000 – this being for a 2 bedroom 2 bathroom 1550 square foot unit with a sales price to square foot price of $479.00
It is important to note the most expensive sale was for Unit 308 in Sea Ranch Club C which sold for $1,250,000 – this being a 3 bedroom 2 bathroom unit – I sold this unit for list price in 9 days!
Sea Ranch Club Lauderdale by the Sea
Sales by Bedroom Last 6 Months
Here are the sales prices for Sea Ranch Club Lauderdale by the Sea 4900-5100 N Ocean Blvd, direct oceanfront condos by bedroom – studios, 1 bedroom units, 2 bedroom units and 3 bedroom units
Sea Ranch Club 1 Bedroom Units
There have been 3 sales of 1 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos over the last 6 Months – In our last post there had been 2 sales of 1 bedroom units over the preceding 6 months!
Here is our market summary report for Sea Ranch Club 1 bedroom condos sold over the last 6 months.
BEDS / BATHS | LA | SP$ | SP$/SqFt | |
Min | 1 / 1 | 1,080 | $475,000 | $396.00 |
Max | 1 / 1 | 1,200 | $535,000 | $491.00 |
Avg | 1 / 1 | 1,160 | $513,333 | $444.00 |
Median | 1 / 1 | 1,200 | $530,000 | $446.00 |
We can see from this report that the average sales price for a 1 bedroom Sea Ranch Club direct oceanfront condos sold over the last 6 months has been $513,333 – this being for a 1 bedroom 1 bathroom unit of 1160 square feet with a sales price to square foot price of $444.00
We can also see from this report that the median sales price for a 1 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the last 6 months has been $530,000 – this being for a 1 bedroom 1 bathroom unit of 1200 square feet with a sales price to square foot price of $446.00
In the last post BOTH the average and median sales price for 1 bedroom Sea Ranch Club direct oceanfront condos sold over the preceding 6 months was lower at $505,000 – this being for a 1 bedroom 1 bathroom unit of 1200 square feet with a sales price to square foot price of $421.00
Sea Ranch Club 2 Bedroom Units
There have been 12 sales of 2 bedroom Sea Ranch Club Lauderdale by the Sea condos over the last 6 months – this is up from 7 sales of 2 bedroom Sea Ranch Club condos over the preceding 6 months as in our last post!
Here is our market summary report for Sea Ranch Club 2 bedroom condos sold over the last 6 months.
BEDS / BATHS | LA | SP$ | SP$/SqFt | |
Min | 2 / 2 | 1,400 | $700,000 | $453.00 |
Max | 2 / 2 | 1,950 | $1,200,000 | $615.00 |
Avg | 2 / 2 | 1,615 | $875,417 | $541.00 |
Median | 2 / 2 | 1,700 | $835,500 | $542.00 |
We can see from this report that the average sales price for 2 bedroom Sea Ranch Club direct oceanfront condos sold over the last 6 months has been $875,417 – this being for a 2 bedroom 2 bathroom unit of 1615 square feet with a sales price to square foot price of $541.00
In our last post the average sales price for 2 bedroom Sea Ranch Club direct oceanfront condos sold over the preceding 6 months was lower at $795,182 – this being for a 2 bedroom 2 bathroom unit of 1631 square feet with a sales price to square foot price of $490.00
We can also see from this report that the median sales price for 2 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the last 6 months has been $835,500 – this being for a 2 bedroom 2 bathroom unit of 1700 square feet with a sales price to square foot price of $542.00
In our last post the median sales price for 2 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the preceding 6 months was higher at $850,000 – this being for a 2 bedroom 2 bathroom unit of 1700 square feet with a sales price to square foot price of $500.00
Sea Ranch Club 3 Bedroom Units
There have been just 1 sale of a 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condo over the last 6 months – this is the same number sales (1) of 3 bedroom condo as per our last post!
Here is our market summary report for the Sea Ranch Club direct oceanfront 3 bedroom condo sold over the last 6 months.
BEDS / BATHS | LA | SP$ | SP$/SqFt | |
Median | 3 / 2 | 2,100 | $1,250,000 | $595.00 |
We can also see from this report that the median sales price for 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the last 6 months has been $1,250,000 – this being for a 3 bedroom 2 bathroom unit of 2100 square feet with a sales price to square foot price of $595.00
In our last post the median sales price for a 3 bedroom Sea Ranch Club Lauderdale by the Sea direct oceanfront condos sold over the preceding 6 months was lower at $854,600 – this being for a 3 bedroom 2 bathroom unit of 1780 square feet with a sales price to square foot price of $480.00
Sea Ranch Club Lauderdale by the Sea
Recent Condo Sales by Unit
Here are the sales of Sea Ranch Club Lauderdale by the Sea 4900-5100 N Ocean Blvd, direct oceanfront condos sales for the last 6 months.
Unit | Bldg | #Beds | #FB | SqFt LA | Sale Price |
308 | C | 3 | 2 | 2,100 | $1,250,000 |
1419 | A | 2 | 2 | 1,950 | $1,200,000 |
1516 | C | 2 | 2 | 1,900 | $1,100,000 |
1416 | A | 2 | 2 | 1,700 | $967,000 |
511 | C | 2 | 2 | 1,700 | $945,000 |
1006 | C | 2 | 2 | 1,400 | $860,000 |
1119 | C | 2 | 2 | 1,700 | $851,000 |
1510 | B | 2 | 2 | 1,433 | $820,000 |
913 | C | 2 | 2 | 1,700 | $812,000 |
514 | C | 2 | 2 | 1,700 | $770,000 |
903 | A | 2 | 2 | 1,400 | $740,000 |
707 | A | 2 | 2 | 1,400 | $740,000 |
1604 | A | 2 | 2 | 1,400 | $700,000 |
1604 | B | 1 | 1 | 1,200 | $535,000 |
904 | B | 1 | 1 | 1,080 | $530,000 |
1706 | B | 1 | 1 | 1,200 | $475,000 |
All data and information set forth on this website are from sources regarded as reliable – and includes data from public records including the BCPA (Broward Property Appraiser) No warranties are made as to the accuracy of any descriptions and/or other details and such information is subject to errors and omissions.