Wilton Manors Luxury Real Estate

Luxury Real Estate

Wilton Manors
Luxury Real Estate

Search Luxury Homes for Sale

Search Luxury Condos for Sale

Wilton Manors offers a great range of luxury real estate – especially single family homes.

Our range of offerings is very strong especially if you are looking at luxury homes and luxury waterfront homes.

Key Statistics for Buyers / Sellers

  • Prices from $512,500 – $1.2 Million
  • Median List Price $654,999
    – Waterfront $669,000
    – Non-Waterfront $625,000
  • Median Sales Price last 90 Days $575,000
  • Median Sales to List Price 96%
  • Days on Market 20 Days – Very Fast!

Wilton Manors literally exploded in new construction of luxury real estate both in homes and condo/condominium complexes right up-to the market crash.

Many new developments were built in and around Central Wilton Manors / Wilton Drive with of course the exception of Wilton Station in East Wilton Manors – some of these complexes offer luxury units priced at $500,000 or more.

Luxury East Wilton Manors waterfront home for sale
Luxury East Wilton Manors waterfront home for sale

Luxury Homes for Sale

There are currently 29 Luxury Wilton Manors Homes for Sale  – this is up from 24 x luxury homes for sale as in our last post!

The market analysis report for these 24 x luxury homes for sale is presented below

$$  Beds/Baths SF/FF List Price
High 6 / 5 3,370 $1,200,000
Low 2 / 2 1,456 $512,500
Avg 3 / 2 2,275 $683,065
Med 3 / 2 2,134 $654,999


We can see from this report that the average price for a luxury Wilton Manors home is $683,065 – and the median price is $654,999.

  • In our December / January Update the average price for a luxury Wilton Manors home was $722,212 – and the median price was $604,450.
  • In our October / November Update the average price for a luxury Wilton Manors home was $710,621 – and the median price was $614,000.
  • In our August / September Update the average price for a luxury Wilton Manors home was $703,067 – and the median price was $599,000.

Both the average and median prices in this and our last update are / were based on 3 bedroom single family homes.

Median prices for luxury Wilton Manors homes have been on the rise – up from $599,000 in our post for August / September. 

It is important to note however that luxury real estate prices here in Wilton Manors are very specific and median pricing can be influenced by many factors including, number of homes for sale, homes location, number of waterfront vs non waterfront homes, condition of the homes for sale and size. 

Luxury Central Wilton Manors non-waterfront home for sale
Luxury Central Wilton Manors non-waterfront home for sale

Luxury Waterfront
Vs Luxury Non-Waterfront

It is important to note that typically there are “big” differences between median prices for luxury Wilton Manors waterfront homes for sale and luxury Wilton Manors non-waterfront homes for sale.

However this months market summary report below highlights how these pricing differences are softening…

 Median Beds/Baths SF/FF List Price
W/Front 3 / 2 1,928 $669,000
Non/WF 4 / 3 2,810 $625,000

 

We can see from this report that the median price for:

  • Luxury Wilton Manors waterfront homes for sale is $669,000this being for a 3 bedroom 2 bathroom home of 1928 square feet with a list price to square foot price of $357.00
  • Luxury Wilton Manors non-waterfront homes for sale is $625,000 – this being for a 4 bedroom 3 bathroom home of 2810 square feet with a list price to square foot price of $280.00

It is very important to note how close the median prices are between luxury waterfront and luxury non-waterfront homes for sale here in Wilton Manors – with a difference of just $44,000.

In our last post Luxury Wilton Manors waterfront homes for sale commanded a premium of over $140,000 more than did luxury non-waterfront homes.

This premium was is in spite of the fact that luxury waterfront homes offered a smaller square footage 

Map of Wilton Manors showing Neighborhoods West, Central and East
Map of Wilton Manors showing Neighborhoods West, Central and East

Luxury Homes
Prices by Neighborhood

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

Our pricing guide for Wilton Manors Luxury Homes for sale by neighborhood is presented below.

 Median Beds/Baths SF/FF List Price
ALL 3 / 2 2,134 $654,999
West 4 / 3 2,810 $575,000
Central 3 / 2 2,887 $629,950
East 3 / 2 1,935 $662,000


We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $654,999 – the median varies dramatically by neighborhood!

A variance of over $85,000 between Luxury West Wilton Manors homes for sale and Luxury East Wilton Manors homes for sale!

West Wilton Manors
Luxury Homes

From this report we can see that Luxury West Wilton Manors Homes for Sale have a median price of  $575,000 – this being for a 4 bedroom 3 bathroom home of 2810 square feet.

Important to note is the median square foot price at $267.00

Central Wilton Manors
Luxury Homes

Luxury Central Wilton Manors homes for sale have median price of $629,950 – this being for a 3 bedroom 2 bathroom home of 2887 square feet.

Again it is important to note is the median square foot price at $282.00

East Wilton Manors Luxury Homes

Luxury East Wilton Manors homes for sale have a median price at $662,000 – this being for a 3 bedroom 2 bathroom home – a much smaller home of 1935 square feet.

Important to note is the higher median square foot price at $357.00 – which is the highest median square footage of luxury homes for sale in both West Wilton Manors and Central Wilton Manors!

Views from an East Wilton Manors waterfront home recently sold in last 90 days
Views from an East Wilton Manors waterfront home recently sold in last 90 days

Wilton Manors Luxury Homes
Sales Prices

Here is our pricing guide based on recent sales of ALL Wilton Manors Luxury Homes over the last 90 Days / 3 months – both waterfront and non waterfront homes.

 $$ Beds/Baths SF/FF Sale Price
High 4 / 3 3,648 $1,075,000
Low 2 / 2 1,360 $475,000
Avg 3 / 2 2,220 $686,857
Med 3 / 2 2,180 $575,000


We can see from this report that the median price for a luxury home sold in Wilton Manors over the last 3 months has been $575,000
 – this being based on a 3 bedroom 2 bathroom home of 2180 square feet with a sales price to square foot price of $312.00

Note: While this months median sales prices for luxury Wilton Manors is the same as in our last post it is down from our earlier post…

In our last post for the median price for a luxury home sold in Wilton Manors over the preceding 3 months was $550,000 – this being based on a 3 bedroom 2 bathroom home of 2254 square feet with a sales price to square foot price of $280.00

Sales to List Price

An important real estate indicators that is important to note is how much buyers are paying for Luxury Wilton Manors Homes – based on the percentage of sales price to list price.

The market analysis report for this is presented below

 $$ SP$/LP$
Avg 82%
Med 96%


We can see from this report that the median sales price to list price for Luxury Wilton Manors Homes is 96%  – the same price as in our last post!

This means if a Luxury Wilton Manors Home for sale is listed at $700,000 – then based on median sales data the home could be expected to sell for 96% of that amount or $672,000.

Days on Market

Days on market for Luxury Wilton Manors Homes for Sale is an important indicator on how our real estate market is preforming – in terms of demand.

Here is the market analysis report for Days on Market based on home sales over the last 90 days.

 $$ Days on Market
Avg 42
Med 20

We can see from this report that the average days on market for Luxury Wilton Manors Home for Sale is 42 days – this is the time from when the home was listed for sale till the home sold AND closed.

More importantly is the median days on market at just 20 days – well down from 35 days in our last post!

20 days is very fast and reflects very strong demand for Luxury Wilton Manors Real Estate and homes for sale!

Kevin Wirth Realtor

My Thoughts / Summary

We have some very solid results for sales of luxury Wilton Manors Real Estate over the last few months.

Important to note are the days on market at just 20 days indicating many purchasers are all cash.

Also important to note in luxury real estate for sale is the narrowing of median prices between waterfront and non-waterfront homes for sale.

Of particular importance are the median sizes of the homes for sale – with luxury Wilton Manors waterfront homes having a median square footage of 1928 square feet and luxury Wilton Manors non-waterfront homes have a much larger square footage of 2810.

This difference is almost 1000 square feet in home size.

The advent of larger luxury Wilton Manors non-waterfront homes currently for sale – is negating the historical real estate trend of luxury Wilton Manors waterfront homes commanding the highest in premium prices.

Personally I think my homes buyers here in Wilton Manors are seeking larger homes with private pool areas – something many waterfront homes do not offer!

I hope you have enjoyed my post on Luxury Wilton Manors Real Estate and Homes for Sale 

Kevin Wirth Realtor – 954-459-0337