Wilton Manors Luxury Real Estate

Luxury Real Estate

Wilton Manors
Luxury Real Estate

Welcome to our December 2017 / January 2018 post on Wilton Manors luxury real estate for sale.

We have a great range of luxury real estate for sale especially if you are looking at luxury homes and luxury waterfront homes.

We are also seeing a good increase in the number of updated Luxury “Mid-Century” Wilton Manors homes for sale too!

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Key Statistics for Buyers / Sellers

  • Prices from $500,000 – over $1 Million
  • Median List Price $598,000
    – Waterfront $635,450
    – Non-Waterfront $574,999

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.

View luxury East Wilton Manors home for sale on NE 17th Ave
View luxury East Wilton Manors home for sale on NE 17th Ave

Luxury Homes for Sale
Pricing Guide

There are currently 32 Luxury Wilton Manors Home for Sale – This is down ever so slightly from 33 x Luxury Wilton Manors Homes for Sale as in our last post for October / November 2017.

The market analysis report for these 32 x luxury homes for sale is presented below

BEDS / BATHS LA LP$
Min 2 / 2 1482 $529,000
Max 7 / 5 3648 $1,349,000
Avg 3 / 2 2190 $689,471
Median 3 / 2 1857 $620,000

We can see from this report that the average price for a luxury Wilton Manors home is $689,471 – and the median price is $620,000 – up from our last post – but close to the median for August / September 2017!

In our last post for October / November 2017 the average price for a luxury Wilton Manors home was $657,847 – and the median price is $598,000

In our prior post for August / September 2017 the average price for a luxury Wilton Manors home was $691,330 – and the median price was $625,000

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

It is important to note however that luxury real estate prices here in Wilton Manors are very specific and “swings” in 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. 

View Luxury Central Wilton Manors home for sale on NE 1st Ave
View luxury Central Wilton Manors home for sale on NE 1st Ave

Luxury Waterfront
vs Luxury Non-Waterfront

Here in Wilton Manors there are typically “big” differences between median prices for luxury Wilton Manors waterfront homes for sale and luxury Wilton Manors non-waterfront homes for sale.

Our market summary report for waterfront and non-waterfront homes is presented below.

BEDS / BATHS LA LP$
ALL 3 / 2 1857 $620,000
Waterfront 3 / 2 1979 $657,250
Non W/F 3 / 2 1836 $582,450

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

  • Luxury Wilton Manors waterfront homes for sale is $657,250 – this being for a 3 bedroom 2 bathroom home of 1979 square feet with a list price to square foot price of $318.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was lower at $635,450 – this being for a larger 3 bedroom 2 bathroom home of 1926 square feet with a list price to square foot price of $320.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $582,450 – this being for a 3 bedroom 2 bathroom home of 1836 square feet with a list price to square foot price of $319.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was lower at $574,999 – this being for a 3 bedroom 2 bathroom home of 2069 square feet with a list price to square foot price of $299.00.

It is important to note the overall premium luxury Wilton Manors waterfront homes command over non-waterfront homes…

This month the premium is over $74,000 more for waterfront homes!

It is also very important to compare the square foot prices of waterfront and non-waterfront homes and to factor in the condition of the property – updates and age of the home.

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.

BEDS / BATHS LA LP$
ALL 3 / 2 1857 $620,000
WEST 3 / 2 1944 $569,000
CENTRAL 3 / 2 2608 $665,000
EAST 3 / 2 1854 $649,250

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $620,000 – the median varies widely by neighborhood.

Currently there is a difference of over $80,000 difference in median prices between West Wilton Manors and East Wilton Manors!

View luxury West Wilton Manors home for sale on NW 21st Court
View luxury West Wilton Manors home for sale on NW 21st Court

West Wilton Manors
Luxury Homes

Here is our market summary report for Luxury West Wilton Manors Homes for sale.

BEDS / BATHS LA LP$
Min 3 / 2 1490 $529,000
Max 4 / 3 2275 $596,969
Avg 3 / 2 1917 $560,696
Median 3 / 2 1944 $569,000

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average price of $560,696 and a median price of $569,000 – the median being for a 3 bedroom 2 bathroom home of 1944 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was higher at $635,450 – the median being for a 3 bedroom 2 bathroom home of 1926 square feet.

Important to note is the median square foot price at $290.00 – down from $320.00 in our last post! 

Central Wilton Manors
Luxury Homes

Here is our market summary report for Luxury Central Wilton Manors Homes for sale.

BEDS / BATHS LA LP$
Min 3 / 2 1598 $550,000
Max 5 / 4 3479 $999,999
Avg 4 / 2 2396 $732,857
Median 3 / 2 2608 $665,000

We can see from this report that Luxury Central Wilton Manors Homes for Sale have an average price of $739,447 and a median price of $665,000 – this being for a 3 bedroom 3 bathroom home of 2608 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was quite a bit higher at $736,500 – this being for a smaller 4 bedroom 3 bathroom home of 2413 square feet.

Important to note is the median square foot price at $295.00 down from $299.00 in our last post!

East Wilton Manors Luxury Homes

Here is our market summary report for Luxury East Wilton Manors Homes for sale.

BEDS / BATHS LA LP$
Min 2 / 2 1482 $549,000
Max 7 / 5 3648 $1,349,000
Avg 3 / 2 2201 $722,678
Median 3 / 2 1854 $649,250

We can see from this report that Luxury East Wilton Manors Homes for Sale have an average price of $722,678 and a median price of $649,250 – the median being for a 3 bedroom 2 bathroom home of 1854 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was quite a bit lower at $612,950 – the median being for a 3 bedroom 2 bathroom home of 1838 square feet.

Important to note is the median square foot price at $333.00 – down from $350.00 in our last post!

Kevin Wirth Realtor

My Thoughts / Summary

Wilton Manors offers a great range of Luxury homes for sale and is increasingly becoming a destination for buyers looking for updated homes, updated waterfront homes and new construction homes.

It is important to note that inventory levels are back up – having fallen to around 25 luxury homes for sale earlier this year.

As I outlined in my last post currently we are seeing an increase in nicely renovated luxury homes for sale as well as new construction luxury homes for sale!

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

Kevin Wirth Realtor – 954-459-0337