Wilton Manors Luxury Real Estate

Luxury Real Estate

2018 Pricing Guide
Wilton Manors Luxury Real Estate

Welcome to our August 2018 / September 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 $514,440 to $1.4 Million
  • Median List Price $624,900
    – Luxury Waterfront Homes $678,888
    – Luxury Non-Waterfront Homes $599,000

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 24th Street
View luxury East Wilton Manors pool home for sale here on NE 24th Street

Luxury Homes for Sale
Pricing Guide

There are currently 32 x Luxury Wilton Manors Home for Sale – these being Wilton Manors homes listed for sale for $500,000 or more!

The number of Wilton Manors luxury homes for sale this month is down ever so slightly from the 33 x Luxury Wilton Manors Homes for Sale as in our last post for June 2018 / July  2018

The market analysis report for these 33 x luxury homes for sale is presented below

BEDS / BATHS LA LP$
Min 2 / 2 1211 $514,440
Max 4 / 3 3557 $1,400,000
Avg 3 / 2 2056 $710,100
Median 3 / 2 1940 $624,900

We can see from this report that the average price for a luxury Wilton Manors home is $710,100 – and the median price is $624,900

In our post for June / July 2018 the average price for a luxury Wilton Manors home for sale was $697,578 and the median price was $629,000

In our post for April / May 2018 the average price for a luxury Wilton Manors home for sale was $675,864 – and the median price was $630,400

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

It is 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 / square footage! 

View luxury Central Wilton Manors home for Sale on NE 8th Terrace
View luxury Central Wilton Manors pool home for sale here on NE 8th 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 1940 $624,900
W/Front 3 / 2 2081 $678,888
Non W/F 3 / 2 1750 $599,000

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

  • Luxury Wilton Manors waterfront homes for sale is $678,888 – this being for a 3 bedroom 2 bathroom home of 2081 square feet with a list price to square foot price of $380.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was higher at $699,000 – this being for a 3 bedroom 2 bathroom home of 1963 square feet with a list price to square foot price of $397.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $599,000 – this being for a 3 bedroom 2 bathroom home of 1750 square feet with a list price to square foot price of $354.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was the same at $597,000 – this being for a 3 bedroom 2 bathroom home of 1750 square feet with a list price to square foot price of $363.00

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

The premium is just under $80,000 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 1940 $624,900
WEST 3 / 2 1815 $595,000
CENTRAL 3 / 2 2180 $599,000
EAST 3 / 2 1940 $652,450

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $624,900 – the median varies widely by neighborhood.

Currently there is a difference of over $57,000 in median prices between West Wilton Manors and East Wilton Manors!

It is important to note that the difference between neighborhoods is narrowing – Luxury West Wilton Manors homes are now commanding higher prices!

View luxury West Wilton Manors home on NW 28th Court
View luxury West Wilton Manors pool home for sale here on NW 28th Court

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 1614 $514,440
Max 4 / 2 2176 $678,888
Avg 3 / 2 1868 $596,109
Median 3 / 2 1815 $595,000

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average price of $596,109 and a median price of $595,000 – the median being for a 3 bedroom 2 bathroom home of 1815 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was much lower $542,500 – the median being for a larger luxury 3 bedroom 2 bathroom home of 2510 square feet.

Important to note is the median square foot price at $340.00 – well up from $213.00 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 1211 $519,900
Max 4 / 3 3172 $1,100,000
Avg 3 / 2 2120 $709,109
Median 3 / 2 2180 $599,000

We can see from this report that Luxury Central Wilton Manors Homes for Sale have an average price of $709,109 and a median price of $599,000 – this being for a 3 bedroom 2 bathroom home of 2180 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was lower at $579,900 – this being for a 3 bedroom 2 bathroom home of 1766 square feet.

Important to note is the median square foot price at $362.00 – much the same as 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 1265 $550,000
Max 4 / 3 3557 $1,400,000
Avg 3 / 2 2047 $729,704
Median 3 / 2 1940 $652,450

We can see from this report that Luxury East Wilton Manors Homes for Sale have an average price of $729,704 and a median price of $652,450 – the median being for a 3 bedroom 2 bathroom home of 1940 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was higher at $637,000 – the median being for a smaller 3 bedroom 2 bathroom home of 1750 square feet.

Important to note is the median square foot price at $367.00 – well up from $392.00 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.

We currently have a great range of luxury Wilton Manors homes for sale – including some amazing updated mid-century homes, home spectacular new construction homes and even a “Trophy” East Wilton Manors waterfront home!

Prices for Luxury Wilton Manors homes still offer real value when compared to similar homes in Coral Ridge and / or Victoria Park!

I hope you have enjoyed my post on Luxury Wilton Manors Real Estate and Homes for Sale 

Kevin Wirth Realtor – 954-459-0337