West – Central – East
Prices for Wilton Manors Homes vary dramatically depending on which neighborhood you are in.
Wilton Manors has 3 distinct neighborhoods West Wilton Manors, Central Wilton Manors and East Wilton Manors
Wilton Manors sales prices vary by $147,450 between our 3 neighborhoods!
This Variance being for Wilton Manors Home sold over the last 90 days.
Variances are also clearly evident in days on market, sales price to list price and square foot prices between these 3 neighborhoods!
Wilton Manors Homes
Recent Sales – Last 90 Days
There have been 42 sales of Wilton Manors homes over the last 90 days as recorded by the MLS.
The market analysis report below shows median home prices for all of Wilton Manors and then for each of our 3 neighborhoods – West, Central and East Wilton Manors
|BEDS / BATHS||LA||SP$|
|ALL||3 / 2||1,622||$498,000|
|WEST||3 / 2||1,554||$380,000|
|CENTRAL||3 / 2||1,755||$465,000|
|EAST||3 / 2||2,032||$577,500|
We can see from this report that the median sales prices for Wilton Manors homes over the last 90 days:
- Across ALL of Wilton Manors Homes the median sales price has been $498,000 – this being for a 3 bedroom 2 bathroom home of 1622 square feet
- West Wilton Manors Homes the median sales prices has been $380,000 – this being for a 3 bedroom 2 bathroom home of 1554 square feet.
- Central Wilton Manors Homes the median sales price has been $465,000 – this is for a 3 bedroom 2 bathroom home of 1755 square feet.
- East Wilton Manors Homes the median sales price has been $577,500 – this being for a 3 bedroom 2 bathroom home of 2032 square feet.
It is important to note that median prices especially in East Wilton Manors can be influenced by the number of waterfront homes sold at any given time!
Wilton Manors waterfront homes typically command premium prices of between $60,000 to $100,000 or more!
Wilton Manors Homes
Sq Ft Prices – Last 90 Days
As you would expect there is also a wide variance in square foot prices paid for Wilton Manors Homes over the last 90 days.
Again this is reflected across our 3 neighborhoods – West, Central and East Wilton Manors.
We can see from this report that the median sales price to square foot price for ALL of Wilton Manors homes sold over the last 90 days has been $298.00 per square foot – well up from our last post for Sept / Oct 2018 when the median was $285.00!
We can also then see the median sales price to square foot price by neighborhood – which is as follows:
- West Wilton Manors Homes the median sales price to sq ft price for homes sold over the last 90 days is $277.00
- Central Wilton Manors Homes the median sales price to sq ft price for homes sold over the last 90 days is $290.00
- East Wilton Manors Homes the median sales price to sq ft price for homes sold over the last 90 days is $304.00
We can see from this report that the difference in square foot prices across our neighborhoods ranges from a low in West Wilton Manors of $277.00 to a high in East Wilton Manors of $304.00 – a difference of $27.00 per square foot!
% Sales to List Price
A very important real estate indicator is how much buyers are paying for Fort Lauderdale Homes for sale here in Wilton Manors – we can gauge this based on the percentage of sales price to list price paid by buyers and we can see this by neighborhood!
The market analysis report for this is presented below
We can see from this report that the median sales price to list price for Fort Lauderdale home here in Wilton Manors across all neighborhoods is 97%
This means if a Fort Lauderdale home for sale here in Wilton Manors is listed at $450,000 – then based on median sales data the home could be expected to sell for 97% of that amount or $436,500.
What is important to note is the difference in the median list price sales price for Wilton Manors Homes by neighborhood:
- West Wilton Manors at 97% of list price
- Central Wilton Manors at 95% of list price
- East Wilton Manors at 97% of list price
Days on Market
Days on market for Homes for Sale in Wilton Manors is an important indicator on how this neighborhood’s real estate market is preforming.
Here is the market analysis report for Days on Market based on home sales over the last 90 days.
We can see from this report that the median days on market for a Fort Lauderdale home for sale in Wilton Manors is just 36 days – down from 48 days as in our last post!
Days on market is the time from when the home was listed for sale till the home sold AND closed.
Again what is also important to note is the difference in days on market for Wilton Manors Homes sold in each and every neighborhood:
- West Wilton Manors at 36 days or just over 5 weeks
- Central Wilton Manors at 52 days or just over 7 weeks
- East Wilton Manors at 28 days or just 4 weeks
Median sales data for Wilton Manors homes by neighborhood reveals some very insightful information…
We can clearly see how median sales price vary between neighborhoods from a median of $380,000 in West Wilton Manors to a median of $577,500 in East Wilton Manors – a difference of $197,500 between our 3 neighborhoods!
We can also see how days or market vary from just 4 weeks to 7 weeks for East Wilton Manors homes sold vs Central Wilton Manors homes sold.
I find that this information is useful to both buyers and sellers of Wilton Manors Homes for sale as it can help with negotiations and also in setting expectations!
I hope you have enjoyed this post on Wilton Manors, its neighborhoods and home prices!
Kevin Wirth P.A. – Realtor
This statistical report on comparable Wilton Manors properties includes listing content from the MLS compilation and statistical MLS data – this data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. This report is based on information which is the © 2018 Realtors of the Palm Beaches and Greater Fort Lauderdale Multiple Listing Service Inc.