July / August Pricing Guide
List Prices Soften in Most Neighborhoods
Wilton Manors Real Estate is broken into 3 main neighborhoods: East Wilton Manors, Central Wilton Manors and West Wilton Manors.
Each of these neighborhoods is distinctive and each has different pricing structures for both homes and condos / town homes.
Homes List Price
Condos List Price
Median All 3
East W/M 3
Central W/M 3
West W/M 3
We can see from this report above how prices for Wilton Manors Real Estate for Sale vary across the different neighborhoods
In this post I look at prices – based on Wilton Manors Real Estate for sale and we also review pricing for homes and condos overall and by neighborhood.
Important to note are the recent pricing changes based on median prices for Wilton Manors Real Estate for Sale across the different neighborhoods
Pricing changes which range from -11% to 7.6%!
Median Prices Up Overall
with Central Wilton Manors Up 22%
We have had 44 sales of Wilton Manors Homes (single family homes) over the last 90 days.
Of these 44 homes - 11 have been waterfront homes.
The median price summary for home sales is presented below
We can see from this report that the median for Wilton Manors Homes sold over the last 90 days has been $390,000 – this being for a 3 bedroom 2 bathroom home of 1700 square feet.
Important to note however is how the median prices vary by neighborhood – from $314,100 in West Wilton Manors to $412,500 in East Wilton Manors – a difference of nearly $100,000 or 31.3%
Similarly sales price have also increased/decreased at very different rates across the 3 neighborhoods…
Foreclosure / Pre-foreclosure Activity
Still Strong in Wilton Manors
Foreclosures and pre-foreclosures are still impacting Wilton Manors Real Estate and our surrounds.
Foreclosures seem set to continue to impact MOST of our real estate market for at least the next 14-24 months.
Some sectors however seem set to remain relatively unaffected!
The red dots are foreclosures currently for sale – the blue represent properties in the foreclosure process.
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.
Wilton Manors Homes
There are currently 67 Wilton Manors Homes for Sale.
The market analysis report for these homes is presented below
We can see from this report that the average price for a home here in Wilton Manors is $406,073 and the median price is $367,700 – both down from our last report.
In our last report in June of 2014 the average price was $439,496 and the median price was $392,450.
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 $357,500 – which is also down from our last report when the median was $374,000
Also Important to note however are the difference in median prices by neighborhood – where median prices range from $319,000 to $434,900.
In this post we review pricing for non-waterfront Wilton Manors Homes for Sale, we present a pricing guide and we review prices by neighborhood.
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 45 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.
New Listings Single Family Homes
Search New Listings Homes for Sale
Wilton Manors is a great city and homes here are highly sought after. The city has a strong gay and LGBT population – one the largest per capita here in the USA.
Prices have risen over the last few years for homes for sale – and median new listing prices are up by $50,000 over the median sales prices so far this year.
Important to note however is that we are seeing the Day on Market (DoM) for Wilton Manors Home sales increase to 58 days.
In 2013 the median Days on Market for Wilton Manors Homes was just over 1 month.
New Condo /Townhome Listings
Search All New Listings in Wilton Station
Median prices for Wilton Station condos for sale as well as inventory levels of condos for sale are down!
Median “days on market” for Wilton Manors Condos for Sale remains much the same at 45 days on market vs 43 days in 2013.
However demand for units remains strong and the fastest unit to sell so far this year was on the market for just 6 days!
Days on Market is the time from the date the condo was listed for sale to the date the unit sold AND closed / title was transferred.
So if your searching new listings for Wilton Station Condos for Sale here in Wilton Manors you need to be prepared to move fast!
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.
Demand is more consistent for Wilton Manors Condos for Sale with median days on market in 2014 being just 23 days.
New Luxury Listings
New Listings Luxury Homes / Luxury Condos & Town Homes
Wilton Manors offers an increasingly larger range of luxury homes, condos and town homes.
We are seeing more and more “updated” homes come on the market for sale as well as more new/newer construction units and many new listings on luxury homes for sale are being snapped up in a matter of days!
Wilton Manors Luxury Real Estate also offers a number of larger “estate” styled homes – many of these built-in the last 10 or so years.
Wilton Manors Waterfront Homes for Sale New Listings – Last 30 Days
Search Waterfront Homes – New Listings
Wilton Manors Waterfront Homes for Sale are highly sought after and our inventory of waterfront homes for sale in 2014 is lower than it has been for some time.
Median prices for Wilton Manors Waterfront Homes – new listings have softened as more waterfront homes in West Wilton Manors enter the market.
Wilton Manors and immediate surrounds offers a great range of pet friendly / dog friendly real estate.
In this Blog I look at the inventory of pet friendly / dog friendly condos and town homes for sale, prices, median prices and price per square foot and then I discuss and review some of my favorite complexes.