View from Central Wilton Manors waterfront condo for sale

Wilton Manors Condos for Sale

November / December Pricing Guide

Search Wilton Manors Condos  / Town Homes for Sale

There are 57 x Wilton Manors Condos for Sale here in Ft Lauderdale Florida.

Important to note is the variance in median prices across the neighbourhoods from $84,900 to $328,950

Median prices for: 1 bedroom units are$101,000, 2 bedroom units are $170,000 and 3 bedroom units $427,500.

In this post we review condos / town homes for sale, provide a pricing guide and outline prices for condos by neighborhood – covering East, Central and West Wilton Manors Continue reading

View East Wilton Manors Home for Sale in November

Wilton Manors Homes for Sale November 2014

Wilton Manors Homes

As at time of writing there are 80 Wilton Manors Homes for sale – which is up from our last post in October when there were 71 Wilton Manors Homes for Sale.

Both these numbers are well up from the 59 homes for sale here in Wilton Manors in September!

The market analysis summary report for these 80 homes is presented below:

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
Average 3 2 1,787 $452,981 $246
Median 3 2 1,670 $397,000 $241

 

We can see from this report that the average price for a home here in Wilton Manors is $452,981 and the median price is $397,000.

In our last report in October the average price was $427,122 and the median price was $399,000.

Important to note is that Wilton Manors offers a number of waterfront homes for sale – if we remove these waterfront homes the median price for a Wilton Manors Home drops to $370,000

Also Important to note are the difference in median prices across our different neighborhoods – where median prices for non waterfront single family homes range from $324,700 in West Wilton Manors to $422,000 in East Wilton Manors – a difference of almost $100,000

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Many home for sale real estate signs and one reading Sold in a b

Wilton Manors Homes – A Buyers Market?

Wilton Manors Homes for Sale Up 50%
Are we back to a Buyers Market?

With 90 Wilton Manors Homes for Sale – our inventory of single family homes for sale is up 50% from traditional levels.

Typically we have around 55 – 60 homes for sale at any one time.

This “surplus” of homes for sale will place pressure on many sellers and recent sales data would suggest median sales prices over the next few months may well be down by around $40,000 from list prices!

If you are a buyer the next few months looks like it will be a great time to purchase a home here in Wilton Manors…

If you are a seller and you want to sell for the best price you will need to review the data below and then take steps to ensure your homes marketing sets it apart from the crowd!

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View of West Wilton Manors Home recently sold!

Wilton Manors Real Estate Sales – Last 90 Days

Median Home Prices vary by
$40,000 between Neighborhoods

We have had 40 sales of Wilton Manors Homes (single family homes) over the last 90 days.

Of these 34 homes – 27 have been non waterfront homes

The overall pricing summary for Wilton Manors non waterfront home sales for the last 90 days is presented below – the pricing summary by neighborhood then follows.

Important to note however is that median sales prices for homes varies between our 3 main neighborhoods - from $300,000 in Central Wilton Manors to $340,000 in East Wilton Manors – a difference of $40,000!

In our last post the difference between our three neighborhoods was over $90,000 or 34%!

Also important to note is that median sales prices for Wilton Manors Homes are down over $25,000!

We discuss home prices and differences between neighborhoods in more detail below…

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View of dock and canal from a Wilton Manors Waterfront Home for Sale

Prices for Waterfront Homes in East Wilton Manors Soften

Waterfront Homes
Wilton Manors Florida

Waterfront Homes here in Wilton Manors Florida are increasing in Value  - However there appears to be a softening of list prices for waterfront homes in East Wilton Manors

Median List Prices for Waterfront Homes across all of Wilton Manors are up 10.5% or nearly  $50,000 – when compared to median sales prices over the last 6 months.

However in East Wilton Manors median list prices for waterfront homes have dropped by $3,000 – when compared to median sales prices over the last 6 months.

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View of Manor Grove pool in Wilton Manors FL

Manor Grove Condos – Prices Softening

Manor Grove Condos Wilton Manors
Units for Sale from $79K to $209K

Search Manor Grove Condos for Sale

There are currently 20 x Manor Grove Condos Wilton Manors for sale – this is one of the largest inventories of condos for sale in this complex we have seen for some time.

Prices range from $79,000 for a 1 bedroom/1 bathroom unit to $209,000 for a 2 bedroom 2 bathroom unit. 

The median price for all units for is currently $134,205 – this being for a 2 bedroom 1 bathroom unit.

Important to note however is that with so many units for sale – prices are softening – and nearly 50% of all the units listed for sale have lowered their prices! 

Now is a great time to be a Buyer!!

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Rainbow_flag_breeze21

Living here – Wilton Drive Ft Lauderdale

Wonderful Wilton Drive

Search Wilton Drive Condos / Town Homes for Sale

Wilton Drive is a lot of fun – there are many great places to dine and drink as well as lots of shops.

Wilton Drive is literally the Heart of the City of Wilton Manors here in Fort Lauderdale Florida. 

The city of Wilton Manors is recognised nationally as having the 2nd largest population of Gay/LGBT people per capita in the USA.

Wilton Manors has many real estate options – and for some living on or within a block of Wilton Drive is a dream come true!

In this post we look at prices for units for sale, recent sales prices and prices for units by bedroom.

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Foreclosures Impact Wilton Manors Real Estate

Chart Showing Foreclosures in Florida that will impact Wilton Manors Real Estate

Foreclosure / Pre-foreclosure Activity
Still Strong in Florida

Foreclosures and pre-foreclosures are still impacting Florida Real Estate including both Wilton Manors Homes and Condos for sale and the number of Fannie May and Freddie Mac “pending” foreclosures are at levels above those seen in 2010!

Sections of Wilton Manors Real Estate  - especially East Wilton Manors appear lest likely to be impacted – while foreclosure homes and condos are still pending release in both Central and West Wilton Manors!

Neighborhoods outside Wilton Manors will see a much greater impact – over the short-term which will suppress prices for Real Estate across the board – making now a great time to buy!

In this New Report for Nov/Dec 2014 we review both Foreclosure and Pre-Foreclosure activity in both Fort Lauderdale and Wilton Manors

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View from Wilton Manors condo for sale in Belle Isle

Wilton Manors Condos for Sale

October / November Pricing Guide

Search Wilton Manors Condos  / Town Homes for Sale

There are 56 x Wilton Manors Condos for Sale here in Ft Lauderdale Florida.

Important to note is the variance in median prices across the neighbourhoods from $89,900 to $314,900

Median prices for: 1 bedroom units are$101,238, 2 bedroom units are $166,950 and 3 bedroom units $403,000.

In this post we review condos / town homes for sale, provide a pricing guide and outline prices for condos by neighborhood – covering East, Central and West Wilton Manors Continue reading

View of a West Wilton Manors Pool home for sale

Wilton Manors Homes for Sale October 2014

Wilton Manors Homes

There are currently 71 Wilton Manors Homes for Sale – well up from 59 homes for sale in September!

The market analysis report for these homes is presented below

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
Average 3 2 1,777 $427,122 $247
Median 3 2 1,630 $399,000 $235

 

We can see from this report that the average price for a home here in Wilton Manors is $427,122 and the median price is $399,000.

Note: In our September report the average price was $420,701 and the median price was $395,000.

Important to note is that Wilton Manors offers a number of waterfront homes for sale – if we remove these waterfront homes the median price for a Wilton Manors Home drops to $370,000

Also Important to note however are the difference in median prices by neighborhood – where median prices for non waterfront single family homes range from $324,900 to $417,000.

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Pool at a Condo for Sale here in Wilton Manors

Wilton Manors Condos for Sale New Listings

Condo  / Town Home New Listings

Search New Listings for Condos / Townhomes

Wilton Manors offers a great range of condos and townhomes for sale.  Many of these are in smaller boutique communities / complexes and lower priced new listings tend to be “snapped up” very fast.

Wilton Manors Condos for Sale median days on market now 18 days – down from 23 days earlier this year.

New listing prices have risen by $25,435 is the last 30 days – an indicator of what our Wilton Manors Real Estate market for condos is doing!

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View from Wilton Manors Waterfront Town Home

Wilton Manors Waterfront Real Estate – New Condo Listings

New Listings Condos / Town Homes

Search New Listings Waterfront Condos / Town Homes

Wilton Manors Waterfront Real Estate is highly sought after with median days on market at just 46 days – this is from date of listing till date of sale AND closing.

Important to note however is that median sales prices for waterfront condos / town homes have dropped from 2013 levels.

As Wilton Manors is set between the North and South Forks of the middle river we are essentially an Island City and as such we have many Waterfront Condo and Town Homes developments / complexes.

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