View Lake Emerald condo for sale gay friendly Lauderdale Lakes

Lauderdale Lakes

A Fort Lauderdale Gay Realtors
Guide to Lauderdale Lakes

Welcome to my June 2018 / July 2018 Fort Lauderdale Gay Realtors guide to Lauderdale Lakes.  Lauderdale Lakes is increasingly becoming one of more popular gay friendly neighborhoods here in Fort Lauderdale – especially for condominiums and town homes in well-managed waterfront communities.

Currently in Lauderdale Lakes there are:

  • 54 condos for sale  – the median sales price for a condo is $145,000 for a 2 bedroom 2 bathroom unit
    Prices range from $83,000 – $259,900
  • 15 single family homes for sale – median sales price $385,000 for a 3 bedroom 2 bathroom home.
    Prices range from under $244,900 to $474,950
  • 9 Waterfront homes for sale – median sales price $404,900 for a 3 bedroom 2 bathroom waterfront home
    Prices range from under $255,000 – $449,999

 

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While Lauderdale Lakes has some upmarket areas – is increasingly popular for its range of home/condo options, affordability,value for money AND for the waterfront/lakefront/park like views that many homes/condos offer.

Map showing Gay Friendly Lauderdale Lakes
Map showing Gay Friendly Lauderdale Lakes

Lauderdale Lakes

Lauderdale Lakes has many well run, well established communities – these communities offer a great range of homes, town homes and condos.

As a gay real estate agent / realtor here in Ft Lauderdale – I can guide you to some of the most popular gay friendly complexes / communities here in Lauderdale Lakes.

Lauderdale Lakes
Market Report Condos

There are currently 54 condos / town homes for sale here in Lauderdale Lakes

This is down from the 66 condos for sale as in our last post in Lauderdale Lakes for March / April 2018!

This market analysis report for these 66 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 720 $83,000
Max 3 / 2 1501 $259,900
Avg 2 / 2 1027 $142,759
Median 2 / 2 990 $145,000

We can see from this report that the average list price for a condo is $142,759 and the median price is $145,000 

In our last post the average list price for a condo was $143,811 and the median price was $144,000 

In this and our last report both the average and the median are / were based on 2 bedroom 2 bathroom units.

As one of Fort Lauderdale leading Gay Realtors selling properties all over Fort Lauderdale and Broward County – I can tell you that it is the affordability combined with the great waterfront views that many condos offer that attracts many Gay and LGBT buyers to great gay friendly Fort Lauderdale neighborhood!

Lake views 2 bedroom condo for sale gay friendly Lakuderdale Lakes
Lake views 2 bedroom condo for sale gay friendly Lakuderdale Lakes

Lauderdale Lakes
Prices by Bedroom

The following report show us the median price for Lauderdale Lake condos by bedroom.

BEDS / BATHS LA LP$ LP$/SqFt
1 / 1 804 $115,500 $141.00
2 / 2 1049 $149,850 $144.00
3 / 2 1501 $259,900 $173.00

We can again see the absolute affordability factor clearly in the market report above with:

  • The median for 1 bedroom Lauderdale Lakes condo is $115,500 – this being for a 1 bedroom 1 bathroom unit of 804 square feet with a list price to square foot price of $141.00 – In our last post the median for 1 bedroom Lauderdale Lakes condos was ever so slightly lower at $115,000 – this being for a 1 bedroom 1 bathroom unit of 804 square feet with a list price to square foot price of $138.00
  • The median for 2 bedroom Lauderdale Lakes condo at $149,850 – this being for a 2 bedroom 2 bathroom unit of 1049 square feet with a list price to square foot price of $144.00 – In our last post the median for 2 bedroom Lauderdale Lakes condos was ever sol slightly higher at $149,900 – this being for a 2 bedroom 2 bathroom unit of 1061 square feet with a list price to square foot price of $145.00
  • The median for 3 bedroom Lauderdale Lakes condo for sale at $167,450 – this being for a 3 bedroom 2 bathroom town home / condo  unit of 1156 square feet with a list price to square foot price of $169.00 – In our last post the median for 3 bedroom Lauderdale Lakes condos for sale was $167,450 – this being for a 3 bedroom 2 bathroom town home / condo  unit of 1156 square feet with a list price to square foot price of $169.00

Note: You can typically buy a nice and updated unit in a gated community for around $110,000 – $140,000 and you can buy a unit with a waterfront/lake view for around $140,000 – $180,000.

Lower priced units are either smaller and/or will usually need some work – which many of my Gay and LGBT buyers love.

View condo for sale gay friendly Royal Park complex Lauderdale Lakes Fort Lauderdale
View condo for sale gay friendly Royal Park complex Lauderdale Lakes in Fort Lauderdale

Lauderdale Lakes Condos
Price Analysis Report

The price analysis report shown below gives us an insightful overview of the market for condos here in Lauderdale Lakes and shows us clearly the range of options – based on price and inventory.

Price Range Quantity
$149,999 or under 34
$150,000 – $199,999 20
Total 54

We can clearly see from this report that the largest inventory of condos for sale are those units priced under $149,999 with 34 units for sale – down from our last 2 posts!

This is down from Lauderdale Lakes condos for sale priced under $149,999 as in our last post for Feb / March 2018 which in turn was down from 46 condos for sale as in our prior post for March / April 2018.

It is important to note that buyers are clearly seeing the value in units priced under $149,000 – as the inventory of condos for sale in this price range has been steadily decreasing!

View home for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale
View home for sale in gay friendly Lauderdale Lakes neighborhood here in Fort Lauderdale

Lauderdale Lakes
Single Family Homes

There are currently 15 single family homes for sale here in popular and gay friendly Lauderdale Lakes in Fort Lauderdale – up ever so slightly from 14 homes in our last post!

It is important to note that while the inventory of homes for sale this is up this month – it is well down from the average of around 25-30 homes for sale last year!

This market analysis report for the 15 homes currently for sale in this increasingly popular gay friendly neighborhood is presented below.

BEDS / BATHS LA LP$
Min 2 / 1 1138 $244,900
Max 4 / 3 3618 $474,950
Avg 3 / 2 1744 $362,813
Median 3 / 2 1486 $385,000

We can see from this report that the average list price for a single family home in Lauderdale Lakes is $362,813 and the median price is $385,000 well up from our last 2 posts!

In our last post the average list price for a single family home in Lauderdale Lakes was $312,835 and the median price was $319,000

In our prior post the average list price for a single family home in Lauderdale Lakes was $263,573 and the median price was $230,000

In this and our last post the median prices were based on 3 bedroom 2 bathroom homes.

View waterfront home for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale
View waterfront home for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale

Lauderdale Lakes
Home Pricing

The price analysis report shown below gives us a more insightful overview of the market for homes here in Lauderdale Lakes and shows us clearly the range of options – based on price and inventory.

The price analysis report for homes is presented below.

Price Range Quantity
$150,000 – $199,999 0
$200,000 – $249,999 2
$250,000 – $299,999 3
$300,000 – $349,999 2
$350,000 – $399,999 2
$400,000 – $499,999 6
Total 15

The price analysis report is very useful as its shows us the breakdown of inventory of homes for sale by price points.

Important to note is the affordability of homes in this neighborhood – especially with many of the homes this month being waterfront homes for sale!

This absolute affordability factors attracts many Gay and LGBT buyers to this “Hot” and gay friendly Fort Lauderdale neighborhood!

View waterfront homes for sale gay friendly Lauderdale Lakes neighborhood!
View waterfront homes for sale gay friendly Lauderdale Lakes neighborhood!

Lauderdale Lakes
Waterfront Homes

Of the 15 single family homes for sale here in Lauderdale Lakes / Ft Lauderdale – 9 homes for sale are waterfront homes!

It is important to note that this is well up from the 5 waterfront homes for sale earlier in 2017!

This market analysis report for these waterfront homes is presented:

BEDS / BATHS LA LP$
Min 2 / 1 1200 $255,000
Max 4 / 3 3618 $449,999
Avg 3 / 2 1857 $376,493
Median 3 / 2 1471 $404,900

We can see from this report that the median list price for a single family waterfront home in Lauderdale Lakes is $404,900 – well up from our last 2 posts!

In our last report the median list price for a single family waterfront home in Lauderdale Lakes was $349,990

In our prior report the median list price for a single family waterfront home in Lauderdale Lakes was $269,900

The median prices in this and our last reports are / were based on 3 bedroom 2 bathroom waterfront homes!

Kevin Wirth Fort Lauderdale Gay Realtor

I hope you have enjoyed my post on Condos and Homes here in Lauderdale Lakes!

Kevin Wirth – Fort Lauderdale Gay Realtor