View from a central Wilton Manors town home for sale

Wilton Manors Condos for Sale December 2014

December / January Pricing Guide

Search Wilton Manors Condos  / Town Homes for Sale

There are 61 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 $359,900

Median prices for: 1 bedroom units are$102,500, 2 bedroom units are $170,000 and 3 bedroom units $430,000.

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

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Wilton Manors Homes for Sale December 2014

Wilton Manors Homes

Search Wilton Manors Homes for Sale

As at time of writing there are 91 Wilton Manors Homes for sale – which is up from our last post in November when there were 80 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 91 homes is presented below:

Pricing  #Beds #FBaths SF/FF List Price LP$/SqFt
Average 3 2 1,791 $461,178 $258
Median 3 2 1,633 $375,000 $243

 

We can see from this report that the average price for a home here in Wilton Manors is $461,178 and the median price is $375,000.

In our last report in November the average price was $452,981 and the median price was $397,000.

Note: The decline in median prices between November 2014 and December 2014 of $22,000.

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 $325,000 in West Wilton Manors to $379,000 in East Wilton Manors – a difference of $54,000

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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

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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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Living here – Wilton Drive Ft Lauderdale

Wonderful Wilton Drive

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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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View of a luxury mid century Wilton Manors home for sale

Luxury Wilton Manors Homes for Sale

Luxury Wilton Manors Homes
Waterfront / Non Waterfront Homes

The number of luxury Wilton Manors homes for sale has increased from 2013 – up over 40%.

However what is important to note is the increase in the number and “caliber” or quality of the luxury non waterfront homes for sale. 

In this post we look at Luxury Homes for Sale here in Wilton Manors, we review Wilton Manors Homes, Luxury Waterfront Homes and Non Waterfront Homes for Sale and we give our luxury home pricing guide. 

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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 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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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