Wilton Manors Luxury Real Estate

Luxury Real Estate

2018 Pricing Guide
Wilton Manors Luxury Real Estate

Welcome to our April / May 2018 post on Wilton Manors luxury real estate for sale.

Included in this post is our 2018 Pricing Guide for Wilton Manors Luxury Real Estate including prices by Neighborhood and price guides for luxury waterfront and luxury non-waterfront 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 $523,900 – over $1 Million
  • Median List Price $630,400
    – Waterfront $695,000
    – Non-Waterfront $589,000

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 27th Drive
View luxury East Wilton Manors home for sale on NE 27th Drive

Luxury Homes for Sale
Pricing Guide

There are currently 34 x Luxury Wilton Manors Home for Sale

It is important to note that the number of Wilton Manors luxury homes for sale this month is well up from 25 x Luxury Wilton Manors Homes for Sale as in our last post for February / March 2018

The market analysis report for these 34 x luxury homes for sale is presented below

BEDS / BATHS LA LP$
Min 2 / 2 1315 $523,900
Max 4 / 3 3172 $1,100,000
Avg 3 / 2 1895 $675,864
Median 3 / 2 1750 $630,400

We can see from this report that the average price for a luxury Wilton Manors home is $675,864 – and the median price is $630,400

It is important to note that median prices for luxury real estate tend are up from our last 3 posts!

In our post for February / March 2018 the average price for a luxury Wilton Manors home for sale was $651,800 – and the median price was $609,900

In our post for December 2017 / January 2018 the average price for a luxury Wilton Manors home for sale was $689,471 – and the median price was $620,000

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

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

It is also important to note however that luxury real estate prices here in Wilton Manors tend to be very specific and “big swings of $50,000 or more in median prices” 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 NE 6th Terrace
View luxury Central Wilton Manors home for sale NE 6th Terrace

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 1750 $630,400
Waterfront 3 / 2 1801 $695,000
Non W/F 3 / 2 1717 $589,000

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

  • Luxury Wilton Manors waterfront homes for sale is $695,000 – this being for a 3 bedroom 2 bathroom home of 1801 square feet with a list price to square foot price of $386.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was lower at $645,000 – this being for a 3 bedroom 2 bathroom home of 1862 square feet with a lower list price to square foot price of $371.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $589,000 – this being for a 3 bedroom 2 bathroom home of 1717 square feet with a list price to square foot price of $367.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was lower at $569,600 – this being for a larger 3 bedroom 2 bathroom home of 1750 square feet with a lower list price to square foot price of $321.00.

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

This month the premium is over $100,000 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 1750 $630,400
WEST 3 / 2 1952 $566,500
CENTRAL 3 / 2 2119 $714,000
WEST 3 / 2 1736 $647,250

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $630,400 – the median varies widely by neighborhood.

Currently there is a difference of over $147,000 in median prices between West Wilton Manors and East Wilton Manors!

View luxury West Wilton Manors home for sale NW 7th Ave
View luxury West Wilton Manors home for sale NW 7th Ave

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 1598 $575,000
Max 6 / 4 3479 $850,000
Avg 5 / 3 2569 $654,625
Median 4 / 2 2600 $596,750

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average price of $654,625 and a median price of $596,750 – the median being for a 4 bedroom 2 bathroom home of 2600 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was lower at $564,500 – the median being for a 3 bedroom 2 bathroom home of 1972 square feet.

Important to note is the median square foot price at $231.00 – well down from $264.00 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 2 / 2 1598 $575,000
Max 4 / 3 3172 $1,100,000
Avg 3 / 2 2206 $766,167
Median 3 / 2 2119 $714,000

We can see from this report that Luxury Central Wilton Manors Homes for Sale have an average price of $766,167 and a median price of $714,000 – this being for a 3 bedroom 2 bathroom home of 2119 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was lower at $596,750 – this being for a larger 4 bedroom 2 bathroom home of 2600 square feet.

Important to note is the median square foot price at $378.00 – well up from $231.00 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 1315 $523,900
Max 4 / 3 2500 $978,788
Avg 3 / 2 1782 $678,168
Median 3 / 2 1736 $647,250

We can see from this report that Luxury East Wilton Manors Homes for Sale have an average price of $678,168 and a median price of $647,250 – the median being for a 3 bedroom 2 bathroom home of 1736 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was lower at $642,500 – the median being for a 3 bedroom 2 bathroom home of 1750 square feet.

Important to note is the median square foot price at $383.00 – up from $369.00 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 declined over the prior few months.

This increase in inventory gives luxury home buyers a great selection!

It is also important to note that median prices are also on the rise – for both luxury waterfront homes and luxury non-waterfront 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