Fort Lauderdale Real Estate Awards, Rankings & Sales Records | Elmes Group
Elmes Group has closed more than $4 billion in career residential sales in Fort Lauderdale and holds the record for the highest price per square foot ever paid for a newer home in the city, at $1,847 per square foot. The team has been named to the Wall Street Journal's "The Thousand" and ranked the number one real estate team in Fort Lauderdale by transaction volume.
Metric | Figure | Context | Source Year |
|---|---|---|---|
Career sales volume | $4 billion+ | Total closed residential transactions, Elmes Group | Current |
Fort Lauderdale team ranking | #1 | Transaction volume overall, Fort Lauderdale | 2019 |
Highest price per sq. ft., newer home | $1,847/SF | City of Fort Lauderdale record | 2019 |
2019 closed sales volume | $117 million | 25 clients represented | 2019 |
Accolades and National Rankings
Elmes Group has been included in the Wall Street Journal's "The Thousand" ranking of top-performing real estate teams nationwide.
- #61 nationally in transaction volume among medium teams (2019 ranking)
- #3 in Florida in transaction volume among medium teams (2019 ranking)
- #1 in Fort Lauderdale in transaction volume overall (2019 ranking)
National and state rankings as reported in Wall Street Journal's Real Trends "The Thousand," 2019 ranking cycle.
2019 Sales Records
2019 included the highest price per square foot ever recorded for a newer home in the City of Fort Lauderdale, a historical benchmark that still stands as a reference point for the market.
- $117 million in closed sales volume
- 25 clients represented in closed transactions
- $5.7 million average list price
Four record-breaking sales were closed in 2019, including:
- Highest price per sq. ft. of a newer home in the City of Fort Lauderdale: $1,847/SF
- Highest price per sq. ft. sale of a home on a canal with no view: $1,320/SF
- Highest price per sq. ft. sale of a new construction home on a canal in Coral Ridge: $747/SF
- Highest sold price for a newer home on an 80 ft. waterfront lot: $6,995,000
2019 transaction records sourced from Elmes Group closed-sales data and public MLS records for the City of Fort Lauderdale.
Point Lot Sales Leadership
Elmes Group has sold more waterfront point lot properties in Fort Lauderdale than any other team, with a concentration of sales in Las Olas Isles, Idlewyld, and Rio Vista. Point lots sit at the convergence of two or more waterways, giving owners wider water frontage and unobstructed views, which makes them among the most sought-after and limited-supply lot types on the New River and Intracoastal.
- Point lots represent a small fraction of total waterfront inventory in Fort Lauderdale
- Concentrated in Las Olas Isles, Idlewyld, and Rio Vista
- Command a premium over standard waterfront lots due to multi-directional water access
See closed point lot sales on the Sold Properties page.
Considering a point lot or waterfront listing? Browse Fort Lauderdale Waterfront Homes or talk to Tim Elmes about current point lot inventory.
Why Buyers and Sellers Choose Elmes Group Now
Demand for Fort Lauderdale luxury waterfront homes remains concentrated among buyers who want abundant indoor and outdoor living space and who are relocating for lifestyle and security reasons rather than a single market trigger. Sellers and buyers who have been weighing a move benefit from working with a team that has closed sales across multiple market cycles rather than a single peak year.
- Sustained demand for waterfront homes offering both indoor and outdoor living space
- Buyers relocating to Fort Lauderdale for lifestyle, climate, and security priorities
- A track record spanning $4 billion or more in career closed sales across market cycles
Let's connect about your Fort Lauderdale real estate goals. Contact Tim Elmes to apply this market knowledge to your specific timeline.
Frequently Asked Questions
What is Wall Street Journal's "The Thousand"?
"The Thousand" is Wall Street Journal's Real Trends ranking of the top-performing real estate agents and teams in the United States by transaction volume. Elmes Group has been included in this ranking, along with a #1 ranking in Fort Lauderdale by transaction volume in the 2019 cycle.
What is a point lot and why does it matter in Fort Lauderdale?
A point lot sits where two or more waterways meet, giving the property wider water frontage and views in multiple directions instead of a single canal-facing side. In Fort Lauderdale neighborhoods like Las Olas Isles, Idlewyld, and Rio Vista, point lots are limited in supply and typically command a premium over standard waterfront lots.
How much has the Elmes Group sold in Fort Lauderdale?
Elmes Group has closed more than $4 billion in career residential sales, including a 2019 cycle alone that totaled $117 million across 25 closed transactions and four individual record-breaking sales in the City of Fort Lauderdale.
Tim Elmes, Elmes Group at Compass has led the Fort Lauderdale luxury waterfront market for more than 35 years and closed over $4 billion in career residential sales. View Tim's full profile.