Fort Lauderdale May 2010 Condo Sales Data 
As we discussed in last month’s newsletter, technology and information availability regarding real estate has improved significantly. May sales figure in the condo beach ($600k-$1.5m Range) area suggests a weakness in sales. May 2010 median price reflects a reduction of 13% from May, 2009 which was $885,000; May 2010’s median price was $767,000. Keeping abreast of market trends is beneficial to both buyers and sellers in establishing fair market values. In a depreciating market a seller should consider the monthly depreciating percentage and factor that into the asking price. The old adage: don’t chase a depreciating market is good advice. Not utilizing sales data can result in large, unnecessary losses. Knowing where to look for sales data, how to interpret the data, choosing the correct criteria to establish an accurate valuation will save thousands. It is our belief that both buyers and sellers should carefully select a professional real estate agent that has the knowledge, tools and technology to take advantage and leverage the information available to the benefit of their client. Many of us have heard that “Knowledge is Power”, however this is only partially true; more specifically we believe that the “USE of Knowledge is Power”. Please visit our website, which is filled with valuable information, www.ekluxuryhomes.com.

We offer a complimentary evaluation of the property you would like to sell or purchase. If you would like to take advantage of this offer, please either give us a call at 954-561-4100 or Click Here and submit your inquiry directly.  We will provide you with accurate and exact data necessary to help you establish the correct valuation. The Kedersha Group has consistently adapted our business model to incorporate internet strategies to give our clients the latest and most effective marketing tools available. Our website contains the area’s most effective MLS search tools available, try it yourself, Fort Lauderdale MLS Property Search, Click Here. ALso you may like to visit Fort Lauderdale most comprehensive Condo Directory, Click Here. We are here to help you, please contact us, 954-561-4100 or Luxury@ekluxuryhomes.com.

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Fort Lauderdale May 2010 Condo Sales Data