Luxury Real Estate

2019 Pricing Guide
Wilton Manors Luxury Real Estate

Welcome to our December 2018 / January 2019 post on Wilton Manors luxury real estate for sale.

Included in this post is our 2019 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 $520,000 to $1.2 Million
  • Median List Price $648,888
    – Luxury Waterfront Homes $689,999
    – Luxury Non-Waterfront Homes $599,450

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 NE 17th Ave
View Luxury East Wilton Manors home for sale NE 17th Ave

Luxury Homes for Sale
2019 Pricing Guide

There are currently 25 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 well down rom the 32 luxury homes for sale as in our last post for October 2018 / November  2018

The market analysis report for these 25 x luxury homes for sale is presented below

BEDS / BATHS LA LP$
Min 2 / 2 1,376 $520,000
Max 5 / 3 2,834 $1,200,000
Avg 3 / 2 1,935 $730,143
Median 3 / 2 1,858 $648,888

We can see from this report that the average price for a luxury Wilton Manors home is $730,143 – and the median price is $648,888

It is important to note that BOTH the average and median list prices for Luxury Wilton Manors Real Estate for sale are up over our last 4 posts!

In our post for October / November 2018 the average price for a luxury Wilton Manors home for sale was $713,745 – and the median price was $638,444

In our post for August / September 2018 the average price for a luxury Wilton Manors home for sale was $710,100 and the median price was $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 NE 3rd Ave
View Luxury Central Wilton Manors non-waterfront home for sale NE 3rd Ave

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 1,858 $648,888
W/Front 3 / 2 2,003 $689,999
Non W/F 3 / 2 1,663 $599,450

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

  • Luxury Wilton Manors waterfront homes for sale is $689,999 – this being for a 3 bedroom 2 bathroom home of 2003 square feet with a list price to square foot price of $342.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was ever so slightly less $689,000 – this being for a 3 bedroom 2 bathroom home of 1979 square feet with a list price to square foot price of $360.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $599,450 – this being for a 3 bedroom 2 bathroom home of 1663 square feet with a list price to square foot price of $384.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was slightly lower at $597,250 – this being for a 3 bedroom 2 bathroom home of 1664 square feet with a list price to square foot price of $369.00.

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

The premium is just over $90,000 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 1,858 $648,888
WEST 4 / 2 1,940 $559,950
CENTRAL 3 / 2 2,084 $987,000
EAST 3 / 2 1,727 $599,000

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $648,888 – the median varies widely by neighborhood.

Currently there is a difference of over $400,000 in median prices between Central Wilton Manors and West Wilton Manors!

It is important to note that more and more new construction Luxury Wilton Manors homes are being offered for sale – impacting median prices!

View Luxury West Wilton Manors home for sale NW 5th Ave
View Luxury West Wilton Manors home for sale NW 5th 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 1,524 $520,000
Max 5 / 3 2,356 $599,900
Avg 4 / 3 1,940 $559,950
Median 4 / 2 1,940 $559,950

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average and median price of $559,950 – the median being for a 3 bedroom 2 bathroom home of 1940 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was higher at $595,000 – the median being for a 3 bedroom 2 bathroom home of 1933 square feet.

Important to note is the median square foot price at $221.00 – well down from $298.00 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 1,386 $582,500
Max 4 / 3 2,834 $1,200,000
Avg 3 / 2 2,144 $920,250
Median 3 / 2 2,084 $987,000

We can see from this report that Luxury Central Wilton Manors Homes for Sale have an average price of $920,250 and a median price of $987,000 – this being for a 3 bedroom 2 bathroom home of 2084 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was much lower at $599,500 – this being for a much smaller 3 bedroom 2 bathroom home of 1663 square feet.

Important to note is the median square foot price at $400.00 – up a little from $362.00 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 1,376 $529,900
Max 4 / 3 2,212 $1,175,000
Avg 3 / 2 1,755 $661,616
Median 3 / 2 1,727 $599,000

We can see from this report that Luxury East Wilton Manors Homes for Sale have an average price of $661,616 and a median price of $599,000 – the median being for a 3 bedroom 2 bathroom home of 1727 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was higher at $662,000 – the median being for a 3 bedroom 2 bathroom home of 1748 square feet.

Important to note is the median square foot price at $365.00 – down ever so slightly from $367.00 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 now many new and newer construction homes.

We currently have a really nice range of luxury Wilton Manors homes for sale – including updated mid-century waterfront homes and some stunning new construction homes.

Luxury Wilton Manors homes can offer real value when compared to similar homes in other neighborhoods including Coral Ridge and 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