West Wilton Manors Home for Sale

Go West – Wilton Manors?

West Wilton Manors
Homes

West Wilton Manors offers a great range of homes for sale – usually larger homes on larger lots – and median prices have softened. 

Key Statistics for Buyers / Sellers

  • Home Prices from $184,900 – $949,989
  • Median List Price $321,750

2015 Median Sales Prices

  • Sales Price $356,000
  • Median Sales to List Price 95%
  • Days on Market 67 Days

Wilton Manors Neighborhoods - East, Central, West
Wilton Manors Neighborhoods – West, Central and East

West Wilton Manors
Homes for Sale

Out of the nearly 90 homes for sale here in Wilton Manors – 30 are homes located in the increasingly popular Wilton Manors neighborhood of West Wilton Manors.

Here is the market analysis report for these homes.

 $$ Beds/Baths SF/FF List Price
High 4 / 4 2,900 $949,989
Low 2 / 2 888 $184,900
Avg 3 / 2 1,653 $374,006
Med 3 / 2 1,683 $321,750

 

We can see from this report that the average price for a home here in West Wilton Manors is $374,006 and the median price is $321,750 – down from our last post

In our last post on West Wilton Manors homes for sale the average price for a home was $387,500 and the median price was $329,500.

Both the average and median prices are based on 3 bedroom 2 bathroom homes for sale.

Also important to note are the average and median list prices to square foot prices at $231.00

View of a West Wilton Manors Home for Sale
View of a West Wilton Manors Home for Sale

West Wilton Manors Home Sales
2011 – 2014

Here is the market analysis report for West Wilton Manors Home sold between 2011 and 2014.

Median Beds/Baths SF/FF Sale Price
2014 3 / 2 1,658 $325,000
2013 3 / 2 1,665 $300,000
2012 3 / 2 1,567 $219,000
2011 3 / 2 1,614 $220,000

 

We can see from this report that in:

  • 2011 – the median price for a West Wilton Manors home was $220,000with a sales price to square foot price of $124.00
  • 2012 – the median price for a West Wilton Manors home was $219,000 with a sales price to square foot price of $146.00
  • 2013 – the median price for a West Wilton Manors home was $300,000with a sales price to square foot price of $191.00
  • 2014 – the median price for a West Wilton Manors home has been $325,000with a sales price to square foot price of $189.00

From 2011 to 2014 the median price for a West Wilton Manors home is up nearly $100,000 or 44% – this being based on a 3 bedroom 2 bathroom single family home.

Important to note however is that in 2014 the sales price to square foot price has dropped slightly from 2013 – down from $191.00 to $189.00

Home sold here in West Wilton Manors in 2015
Home sold here in West Wilton Manors in 2015

West Wilton Manors
Closed Sales

So far in 2015 there have been 13 closed sales of homes here in West Wilton Manors.

The market analysis report for these homes is presented below

 $$ Beds/Baths SF/FF Sale Price
High 4 / 3 2,531 $550,000
Low 2 / 1 1,100 $255,000
Avg 3 / 2 1,725 $373,154
Med 3 / 2 1,644 $356,000

 

We can see from this report that the average price for a West Wilton Manors home sold for far this year has been $373,154 and the median price has been $356,000.

Both the average and median prices are based on 3 bedroom 2 bathroom homes.

West Wilton Manors
Square Foot Prices

Important to note are the square foot prices being paid for West Wilton Manors Homes for sale.

We can see this from the market analysis report below

 $$ SP$/SqFt
High $261
Low $188
Avg $223
Med $225

 

This report shows us the the average sales price to square foot price for a West Wilton Manors Home sold in 2015 has been $223.00 and the median has been $225.00

Note the highest price paid at $261.00

Sales Price to
List Price %

Another important real estate indicator for West Wilton Manors Homes for sale is the sales price to list price.

We can see this from the report below.

 $$ SP$/LP$
Avg 87%
Med 95%

 

We can see from this report that the average sales price to list price has been 87% – this is low and indicates that for a number of recent sales –  sellers were willing to accept lower prices / offers.

Important to note however is the median sales price to list price of 95% – a stronger indicator!

Days on Market

The final indicator is days on market.  This shows how strong the demand has been for West Wilton Manors Real Estate – in this case homes for sale.

 $$ Days on Market
Avg 88
Med 67

 

We can see from this report that the average days on market has been 88 days or just under 3 months.

Important to note however are the median days on market at 67 days – which is fast and indicates strong demand for homes in the median price range. 

Kevin Wirth Realtor

My Thoughts / Summary

The market reports above highlight the real value to be had in homes here in West Wilton Manors.

Personally I continue to foresee that median prices for West Wilton Manors will grow  – with homes increasing in 2015 by at least 10% or more than in 2014.

And with prices a little on the soft side – now is a great time to buy.

If your looking at homes for sale here in Wilton Manors – I would highly recommend looking at West Wilton Manors as I am sure you will see why more and more buyers are opting to Go West!

I hope you enjoyed my post on West Wilton Manors homes for sale –
by Kevin Wirth Realtor