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!
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 $500,000 or more.
Luxury Homes for Sale
Pricing Guide
There are currently 34 x Luxury Wilton Manors Home for Sale
The market analysis report for these 34 x luxury homes for sale is presented below
| BEDS / BATHS | LA | LP$ | |
| 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 $50,000 or more in median prices” can be influenced by many factors including: number of homes for sale, homes location, number of waterfront vs non waterfront homes, condition of the homes for sale and size.
Luxury Waterfront
vs Luxury Non-Waterfront
Here in Wilton Manors there are typically “big” differences between median prices for luxury Wilton Manors waterfront homes for sale and luxury Wilton Manors non-waterfront homes for sale.
Our market summary report for waterfront and non-waterfront homes is presented below.
| BEDS / BATHS | LA | LP$ | |
| 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 $100,000 more for waterfront homes!
It is also very important to compare the square foot prices of waterfront and non-waterfront homes and to factor in the condition of the property – updates and age of the home.
Luxury Homes
Prices by Neighborhood
Wilton Manors has 3 distinct neighborhoods – West Wilton Manors, Central Wilton Manors and East Wilton Manors.
Our pricing guide for Wilton Manors Luxury Homes for sale by neighborhood is presented below.
| BEDS / BATHS | LA | LP$ | |
| 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 $147,000 in median prices between West Wilton Manors and East Wilton Manors!
West Wilton Manors
Luxury Homes
Here is our market summary report for Luxury West Wilton Manors Homes for sale.
| BEDS / BATHS | LA | LP$ | |
| 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!
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