Kevin Wirth Realtor

So Whats the Market Doing?

Wilton Manors Homes
It’s a Sellers Market!

Our Wilton Manors Real Estate Market is doing great – in fact there is a shortage of Wilton Manors homes for sale and pending sales are surging!

Here are some useful and important statistics for Wilton Manors Homes from our MLS database:

  • 59 – Number of Wilton Manors Home for Sale
  • 38 – Number of Homes “Under Contract”
  • 96 – Closed Sales Last 6 Months

Months of Supply 3.7 Months Sellers’ Market!

Months of supply is how many months would it take for the current inventory of homes on the market to sell, given the current pace
of home sales.

With 59 homes on the market and 16 homes selling each month on average, there is a 3.7 months supply of homes for sale

Kevin Wirth Realtor

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Kevin Wirth P.A. Realtor
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Wilton Manors Homes for Sale

As at time of writing this post there are 59 Wilton Manors Homes for sale.

Our market analysis report for these homes for sale is presented below:

BEDS / BATHS LA LP$
Min 2 / 1 964 $349,900
Max 4 / 5 2,878 $1,150,000
Avg 3 / 2 1,808 $624,268
Median 3 / 2 1,735 $594,000

We can see from this report that:

The average list price for a Wilton Manors Homes for sale is $624,268this being for a 3 bedroom 2 bathroom 1808 square foot unit with a list price to square foot price of $351.00

The median list price for a Wilton Manors Homes for sale is $594,000 – this being for a 3 bedroom 2 bathroom 1735 square foot unit with a list price to square foot price of $346.00

Wilton Manors Homes
Under Contract

There are currently 38 x Wilton Manors Homes under contract and pending sale.  Of these 38 homes under contract – 16 homes flagged as looking for “Backup Contracts” and 22 are flagged as “Pending Sale”.

Our market analysis report is presented below:

Wilton Manors Homes
Under “Back-Up” Contract

There are currently 16 Wilton Manors Homes under contract and flagged in the MLS as pending sale – requesting / looking for Back Up contracts!

Our market analysis report for these homes is presented below:

BEDS / BATHS LA LP$
Min 2 / 1 1,010 $314,900
Max 4 / 3 3,654 $1,335,000
Avg 3 / 2 1,918 $686,880
Median 3 / 2 1,780 $591,700

We can see from this report that:

The average list price for a Wilton Manors Homes under contract – looking for “Back-Ups” is $686,880this being for a 3 bedroom 2 bathroom 1918 square foot unit with a list price to square foot price of $350.00

The median list price for a Wilton Manors Homes under contract – looking for “Back-Up” is $591,700 – this being for a 3 bedroom 2 bathroom 1780 square foot unit with a list price to square foot price of $332.00

Wilton Manors Homes
Under “Pending Sale” Contract

There are currently 16 Wilton Manors Homes under contract and flagged in the MLS as pending sale.

Our market analysis report for these homes is presented below:

BEDS / BATHS LA LP$
Min 2 / 1 1,076 $325,000
Max 5 / 5 3,288 $999,000
Avg 3 / 2 1,925 $603,445
Median 3 / 2 1,828 $559,000

We can see from this report that:

The average list price for a Wilton Manors Homes under contract and Pending Sale is $603,445 – this being for a 3 bedroom 2 bathroom 1925 square foot unit with a list price to square foot price of $319.00

The median list price for a Wilton Manors Homes under contract – looking for “Back-Up” is $591,700 – this being for a 3 bedroom 2 bathroom 1780 square foot unit with a list price to square foot price of $332.00

Wilton Manors Homes
Closed Sales Last 6 Months

There have been 96 x Wilton Manors Homes sold over the last 6 months as recorded on the MLS.

Our market analysis report for these 96 homes sold is presented below:

BEDS / BATHS LA SP$
Min 2 / 1 950 $292,000
Max 5 / 4 3,556 $1,300,000
Avg 3 / 2 1,825 $579,686
Median 3 / 2 1,736 $520,000

We can see from this report that:

The average list price for a Wilton Manors Homes sold over the last 6 months is $579,686 – this being for a 3 bedroom 2 bathroom 1825 square foot unit with a list price to square foot price of $322.00

The median list price for a Wilton Manors Homes sold over the last 6 months is $520,000 – this being for a 3 bedroom 2 bathroom 1736 square foot unit with a list price to square foot price of $316.00

Kevin Wirth Realtor

My Thoughts

Our Wilton Manors Real Estate Market is doing great!

Based on the “Months of Supply” formula we currently have just 3.9 months of supply – so we actually have a shortage in the number of Wilton Manors Homes for sale.

Pending sales for Wilton Manors homes are well up too – with 38 homes currently under contract and pending sale!

All very positive indicators!