Colonial Lakes Villas
Homes for Sale in Davie, FL

Colonial Lakes Villas market snapshot (as of July 15, 2026): the median sale price is about $385K ($276 per sq ft over the trailing 12 months of closed sales), and a median 78 days on market for closed sales.

Colonial Lakes Villas is attached housing in Davie with a median close at $385,000 and a 78-day market cycle. Amenity infrastructure is not documented, so the value proposition is square footage, condition, and access—nothing more.

Colonial Lakes Villas sits in Davie's west corridor, where villas and townhomes serve buyers who prioritize affordability and highway access over resort-style amenity arrays. The median price of $385,000 positions the community in the middle tier of Broward's attached inventory—not entry-level, not luxury, and not differentiated by clubhouse or pool infrastructure that would command premium pricing.

At $276 per square foot, the market is paying for livable interiors and location convenience, not for bells and whistles. The 78-day median time on market is nearly triple the pace of hot-market cycles and reflects a deliberate, condition-sensitive buyer pool. Listings that linger are either overpriced for their condition or competing against better-kept units at similar or lower ask. The six closings in the trailing window confirm limited turnover—this is not a high-volume flip market, and each transaction is negotiated on its own merits.

Because MLS data shows no community amenities, the purchasing decision hinges entirely on the individual unit: layout, updates, maintenance history, and whether the HOA is functional and solvent. You are not buying into a shared lifestyle; you are buying a home that happens to share walls. That means due diligence on the association's reserves, master insurance, and any deferred exterior work is not optional—it is the entire risk profile.

For sellers, the 78-day cycle means staging, pricing precision, and condition matter more than in amenity-rich communities where the complex itself does half the selling. For buyers, it means leverage exists if you are patient, but only if you can distinguish between a good deal and a unit with hidden HOA or structural issues that explain the discount.

Momentum brokers know that in no-amenity attached product, the HOA financials and the unit's maintenance record are more predictive of value than the asking price. We pull the documents, flag the risks, and walk you through what condition and reserves actually mean for your offer or your list strategy. In a 78-day market, precision and disclosure replace hype—and that is the work we do.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.