View of dock and canal from a Wilton Manors Waterfront Home for Sale

Prices for Waterfront Homes in East Wilton Manors Soften

Waterfront Homes
Wilton Manors Florida

Waterfront Homes here in Wilton Manors Florida are increasing in Value  – However there appears to be a softening of list prices for waterfront homes in East Wilton Manors

Median List Prices for Waterfront Homes across all of Wilton Manors are up 10.5% or nearly  $50,000 – when compared to median sales prices over the last 6 months.

However in East Wilton Manors median list prices for waterfront homes have dropped by $3,000 – when compared to median sales prices over the last 6 months.

Waterfront Homes Wilton Manors
Florida for Sale

Here is the market analysis report for the 14 x Waterfront Homes Wilton Manors Florida currently for sale.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 4 3 2,665 $789,000 $435
Low 2 2 1,377 $299,000 $183
Average 3 2 1,963 $520,264 $272
Median 3 2 1,969 $499,900 $251

 

We can see from this report that the median list price for a Waterfront Home in Wilton Manors is currently $499,900.

The median is based on a 3 bedroom 2 bathroom waterfront home of 1969 square feet with a list price to square foot price of $251.00

Waterfront Homes Wilton Manors
Florida  – Sales Last 6 Months

Here is the market analysis report for all the sales of Waterfront Homes Wilton Manors Florida  – sales made over the last 6 months

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 4 3 2,493 $650,000 $360 101.18 115
Low 2 2 1,532 $290,000 $132 87.41 2
Average 3 2 1,869 $454,905 $247 96.27 53
Median 3 2 1,888 $440,500 $227 96.06 66

 

We can see from this report that the median list price for a Waterfront Home sold here in Wilton Manors over the last 6 months has been $440,500.

The median is based on a 3 bedroom 2 bathroom waterfront home of 1888 square feet with a sales price to square foot price of $227.00

One of the waterfront homes Wilton Manors Florida currently for sale

Waterfront Homes East Wilton Manors
Florida for Sale

Here is the market analysis report for all the Waterfront Homes in East Wilton Manors Florida currently for sale.

Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 3 3 2,400 $789,000 $435
Low 2 2 1,377 $419,000 $214
Average 3 2 1,881 $581,817 $317
Median 3 2 1,976 $557,000 $311

 

We can see from this report that the median list price for a Waterfront Home in East Wilton Manors is $557,000 – approx $57,000 more than the median for all waterfront homes for sale in Wilton Manors at $499,900.

The median is based on a 3 bedroom 2 bathroom waterfront home of 1976 square feet with a list price to square foot price of $311.00

Waterfront Homes East Wilton Manors
Florida  – Sales Last 6 Months

Here is the market analysis report for all the sales of Waterfront Homes in East Wilton Manors Florida  – sales made over the last 6 months

Pricing #Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
High 3 3 2,154 $650,000 $360 101.18 115
Low 2 2 1,556 $348,750 $182 87.41 2
Average 3 2 1,847 $527,983 $286 96.54 54
Median 3 2 1,888 $560,000 $303 97.39 46

 

We can see from this report that the median list price for a Waterfront Home sold here in East Wilton Manors over the last 6 months has been $560,000.

The median is based on a 3 bedroom 2 bathroom waterfront home of 1888 square feet with a sales price to square foot price of $303.00

Important to note:

The list price for all Wilton Manors waterfront homes for sale at $499,900 has risen by approx $50,000 from the median for all closed sales of Wilton Manors Waterfront Homes over the last 6 months.

However for the same period the median list price for East Wilton Manors waterfront homes for sale at $557,000 has actually decreased by $3000 from the median for all closed sales of East Wilton Manors waterfront homes for sale over the last 6 months.

Kevin Wirth realtor

 My Thoughts / Summary

Home prices continue to surge ahead here in Wilton Manors – and Waterfront Home prices are no exception.

The historical attraction to many buyers of East Wilton Manors Waterfront Homes beside the great neighborhood  – has been the ability to have larger boats with ocean access via just 2 fixed bridges. 

Increasingly however I am seeing Wilton Manors Home buyers looking for waterfront homes – who while they may enjoy boating and water activities  – are not prepared to pay a premium for it.

Buyers looking for waterfront homes are increasingly opting for waterfront home prices in West and Central Wilton Manors  – which still have median prices well below those median prices for waterfront homes in East Wilton Manors.

Hence I believe why prices continue to rise for Wilton Manors Waterfront Homes for Sale across the board – but have slipped slightly here in East Wilton Manors.