Fort Lauderdale’s resale condominium sales activity fell 46 percent in the first quarter, while the median sales price rose 23 percent in the first quarter, according to a report from Condo Vultures. Activity in the downtown Fort Lauderdale and beach market totaled 130 resales in the first three months of the year, compared to almost 240 in the same period last year. [more]

Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. — Christopher Cameron

Condominium resale activity in the Hollywood/Hallandale Beach area fell 17 percent in the first quarter, compared to the same period in 2011, although prices rose, according to a report from Condo Vultures. A total of 345 condo resales transacted in the first three months of 2012, down from 410 in the first quarter last year. [more]

Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a contract for sale has been executed, but not yet closed. Listing brokers control the status of a property listing. — Christopher Cameron

2332 South Ocean Boulevard

The most expensive home to hit the market today in South Florida is a single-family home at 2332 South Ocean Boulevard in Highland Beach that’s asking $7.95 million, according to Condo Vultures. The 7,579-square-foot home has five bedrooms, six and two half bathrooms, a wet bar, an elevator and a fireplace and was built in 2002. [more]

Source: Condo Vultures

There were 4,122 foreclosures filed in South Florida in April this year, according to Condo Vultures, an 89 percent increase from the same month a year ago. Nearly half of the foreclosures, or 2,025 of them, came in Broward County, which has led the three counties in foreclosure filings all year. [more]

Jade Beach in Sunny Isles

The median rent in Sunny Isles Beach increased by 9 percent in the first quarter of 2012, compared to the same period in 2011, according to a report from Condo Vultures. Renters took 209 units in the area in the first three months of 2012, one less than in the first quarter of 2011. There are now a total of six months of residential units available for rent in Sunny Isles. The market, which extends from Golden Beach to Haulover Beach Park, has 400 properties on the market for lease. — Alexander Britell

Trump Towers in Sunny Isles

The sales of new condominiums fell by 9 percent in Sunny Isles Beach in the first quarter of 2012, according to a report from Condo Vultures. Less than 65 units were sold in the first three months of this year, compared to 70 in 2011. In 2010, that number was as high as 100. “Buyers looking at the Sunny Isles Beach condo market have many factors to consider,” said Peter Zalewski, founder of Condo Vultures. [more]

44 West Rivo Alto Drive

A Miami Beach single-family home asking $8.3 million is today’s priciest new listing, according to Condo Vultures. The six-bedroom, seven-bathroom, 7,117-square-foot residence sits on a 15,750-square-foot waterfront lot at 44 West Rivo Alto Drive. [more]

1214 North Ocean Boulevard

A single-family home at 1214 North Ocean Boulevard in Palm Beach that’s asking for $6.495 million is today’s priciest new listing in South Florida, according to Condo Vultures. The 3,612-square-foot home was built in 1951 with four bedrooms, four bathrooms and sits on a 21,600 waterfront lot. [more]