View condos for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale

Lauderdale Lakes

A Fort Lauderdale Gay Realtors
Guide to Lauderdale Lakes

Welcome to my November 2018 / December 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:

  • 44 condos for sale  – the median sales price for a condo is $157,500 for a 2 bedroom 2 bathroom unit
    Prices range from $83,000 – $198,500
  • 16 single family homes for sale – median sales price $255,000 for a 3 bedroom 2 bathroom home.
    Prices range from under $200,000 to $499,000
  • 2 Waterfront homes for sale – median sales price $287,500 for a 3 bedroom 2 bathroom waterfront home
    Prices range from under $279,999 – $295,500

 

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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 44 condos / town homes for sale here in Lauderdale Lakes

This is down a little from the 51 condos for sale as in our last post in Lauderdale Lakes for August / September 2018!

This market analysis report for these 44 units currently for sale is presented below.

BEDS / BATHS LA LP$
Min 1 / 1 720 $83,000
Max 2 / 2 1300 $198,500
Avg 2 / 2 1017 $147,205
Median 2 / 2 985 $157,500

We can see from this report that the average list price for a condo is $147,205 and the median price is $157,500 – both the average and median list prices are up from our last 2 posts! 

In our last post the average list price for a condo was $143,201 and the median price was $144,900 

In our prior post the average list price for a condo was $142,759 and the median price was $145,000

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 even with rising prices 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!

View 2 bedroom condo for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale!
2 bedroom condo for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale!

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 / 1 819 $113,000 $133.00
2 / 2 1100 $161,700 $150.00

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

  • The median for 1 bedroom Lauderdale Lakes condo is $113,000 – this being for a 1 bedroom 1 bathroom unit of 819 square feet with a list price to square foot price of $133.00 – In our last post the median for 1 bedroom Lauderdale Lakes condos was slightly less at $112,000 – this being for a 1 bedroom 1 bathroom unit of 755 square feet with a list price to square foot price of $146.00
  • The median for 2 bedroom Lauderdale Lakes condo at $161,700 – this being for a 2 bedroom 2 bathroom unit of 1100 square feet with a list price to square foot price of $150.00 – In our last post the median for 2 bedroom Lauderdale Lakes condos was lower at $154,900 – this being for a 2 bedroom 2 bathroom unit of 978 square feet with a list price to square foot price of $152.00

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 Lake Emerald complex - Lauderdale Lakes neighborhood!
View condo for sale gay friendly Lake Emerald complex – Lauderdale Lakes neighborhood!

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 18
$150,000 – $199,999 22
$200,000 – $249,999 0
Total 44

We can clearly see from this report that the largest inventory of condos for sale are those units priced $150,000 – $199,999 with 22 units for sale – This has changed from our last post  – when the largest inventory was for units priced under $149,999 with 28 units for sale

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

Lauderdale Lakes
Single Family Homes

There are currently 16 single family homes for sale here in popular and gay friendly Lauderdale Lakes in Fort Lauderdale –

It is important to note that the number of homes for sale this month is well down from 30 as in our last post for August / September 2018 – but it is much closer to the 15 homes for sale as in our prior post for June / July 2018

This market analysis report for the 16 homes currently for sale in this increasingly popular gay friendly neighborhood is presented below.

BEDS / BATHS LA LP$
Min 2 / 1 931 $200,000
Max 6 / 3 2798 $499,000
Avg 3 / 2 1673 $280,431
Median 3 / 2 1519 $255,000

We can see from this report that the average list price for a single family home in Lauderdale Lakes is $280,431 and the median price is $255,000 well down from our last 2 posts!

In our last post the average list price for a single family home in Lauderdale Lakes was $338,579 and the median price was $334,950

In our prior post the average list price for a single family home in Lauderdale Lakes was $362,813 and the median price was $385,000

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

Note: Median prices are directly impacted by the number of waterfront homes for sale – this month their are only 2 waterfront homes for sale – in our last post their were 12 waterfront homes for sale!

Waterfront homes typically have higher median prices.

View home for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale
View 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
$200,000 – $249,999 6
$250,000 – $299,999 7
$300,000 – $349,999 1
$350,000 – $399,999 0
$400,000 – $449,999 2
Total 16

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 most of the homes for sale being priced under $300,000!

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

Aerial view homes and waterftront homes for sale gay friendly Lauderdale Lakes neighborhood Fort Lauderdale
Aerial view homes and waterftront homes in gay friendly Lauderdale Lakes neighborhood!

Lauderdale Lakes
Waterfront Homes

Of the 16 single family homes for sale here in Lauderdale Lakes / Ft Lauderdale – just 2 homes for sale are waterfront homes!

This is well down from the 12 waterfront homes for sale as in our last post for August / September 2018!

This market analysis report for these waterfront homes is presented:

BEDS / BATHS LA LP$
Min 3 / 2 1504 $279,999
Max 3 / 3 2064 $295,000
Avg 3 / 2 1784 $287,500
Median 3 / 2 1784 $287,500

We can see from this report that the median list price for a single family waterfront home in Lauderdale Lakes is $287,500 – well down from our last 2 posts!

In our last report the median list price for a single family waterfront home in Lauderdale Lakes was $347,500

In our prior report the median list price for a single family waterfront home in Lauderdale Lakes was $404,900

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