Market Update – July / August

Wilton Manors Homes for Sale
Market Update – July / August 2017

Here is my July / August 2017 market update for Wilton Manors Homes for Sale – Kevin Wirth Realtor

Key Real Estate Facts
  • Less Inventory of Wilton Manors Homes for Sale
    fluctuating between 70-80 Homes for Sale
    – Prices range from $282,000 just under $1.6 Million
    – Median List Price $475,000
    62% of homes for sale has lowered their price!
    Currently we have 4.1 Months of Supply
    down from 6.5 Months of Supply as in our last post!
  • Stronger Pending Sales – Averaging 30-35 Homes
    – Median Days on Market – 85 Days
  • Stronger Sales Volume Last 6 Months – 104 Homes Sold
    – Median Sales Price $453,000
    – Median Days on Market – 45 Days
    – Median Sales Price to List Price – 97%

Continue reading Market Update – July / August

Market Update Condos – July / August

Wilton Manors Condos
Inventory Down Over 50%

Welcome to my July / August 2017 market update for Wilton Manors Condos – which sees us at very low levels of inventorydown by over 50% from 2016.   – Kevin Wirth P.A. Realtor

Key Real Estate Facts
  • Low Inventory of Wilton Manors Condos for Sale
    fluctuating between  50-55 Condos for Sale
    – Prices range from $85,000 to $630,000
    – Median List Price $334,888
    300% drop in condos for sale priced under $149,999
    – Currently we have just over 3 Months of Supply
  • Strong Pending Sales -Averaging 25-30 Condos
    – Median Days on Market – 46 Days
  • Very Strong Sales Last 6 Months 97 Condos Sold
    – Median Sales Price $145,000
    – Median Days on Market – 61 Days
    – Median Sales Price to List Price – 96%

Continue reading Market Update Condos – July / August

Wilton Manors Homes – Prices by Neighborhood

West – Central – East

Prices for Wilton Manors Homes vary dramatically depending on which neighborhood you are in.

Wilton Manors has 3 distinct neighborhoods West Wilton Manors, Central Wilton Manors and East Wilton Manors

Home prices over the last 90 days vary by $130,000 between these 3 neighborhoods.

The volume of home sales is up here in Wilton Manors and I am pleased to report that median sales prices are up too!

Median sales prices had been soft over our last few posts.

Continue reading Wilton Manors Homes – Prices by Neighborhood