Wilton Manors Luxury Real Estate

Luxury Real Estate

2018 Pricing Guide
Wilton Manors Luxury Real Estate

Welcome to our June / July 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 $525,000 – over $1 Million
  • Median List Price $629,000
    – Luxury Waterfront Homes $699,000
    – Luxury Non-Waterfront Homes $597,900

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 22nd Street
View of a luxury East Wilton Manors waterfront pool home for sale here on Ne 22nd Street

Luxury Homes for Sale
Pricing Guide

There are currently 33 x Luxury Wilton Manors Home for Sale

The number of Wilton Manors luxury homes for sale this month is down ever so slightly from the 34 x Luxury Wilton Manors Homes for Sale as in our last post for April / May 2018

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

BEDS / BATHS LA LP$
Min 2 / 2 1076 $525,000
Max 4 / 3 3557 $1,550,000
Avg 3 / 2 1980 $697,578
Median 3 / 2 1766 $629,000

We can see from this report that the average price for a luxury Wilton Manors home is $697,578 – and the median price is $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 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 non-waterfront pool home for sale Ne 1st Way
View luxury Central Wilton Manors non-waterfront pool home for sale here on Ne 1st Way

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 1766 $629,000
W/Front 3 / 2 1963 $699,000
Non W/F 3 / 2 1750 $597,900

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

  • Luxury Wilton Manors waterfront homes for sale is $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.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was lower $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.
  • Luxury Wilton Manors non-waterfront homes for sale is $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.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was lower at $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.

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

The premium is just 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 1766 $629,000
WEST 3 / 2 2510 $542,500
CENTRAL 3 / 2 1766 $579,900
EAST 3 / 2 1750 $637,000

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $629,000 – the median varies widely by neighborhood.

Currently there is a difference of over $94,000 in median prices between West Wilton Manors and East Wilton Manors!

View luxury West Wilton Manors home for sale on NW 7th Ave
View luxury West Wilton Manors non-waterfront pool home for sale on 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 2510 $535,000
Max 3 / 2 2510 $550,000
Avg 3 / 2 2510 $542,500
Median 3 / 2 2510 $542,500

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average and median price of $542,500 and – the median being for a 3 bedroom 2 bathroom home of 2510 square feet.

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

Important to note is the median square foot price at $213.00 – well down from $231.00 in our last post and $264.00 in our prior 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 1076 $525,000
Max 4 / 3 3172 $1,100,000
Avg 3 / 2 1999 $667,056
Median 3 / 2 1766 $579,900

We can see from this report that Luxury Central Wilton Manors Homes for Sale have an average price of $667,056 and a median price of $579,900 – this being for a 3 bedroom 2 bathroom home of 1766 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was much higher at $714,000 – this being for a 3 bedroom 2 bathroom home of 2119 square feet.

Important to note is the median square foot price at $363.00 – down from $378.00 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 1265 $559,900
Max 4 / 3 3557 $1,550,000
Avg 3 / 2 1947 $724,163
Median 3 / 2 1750 $637,000

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 $637,000 – the median being for a 3 bedroom 2 bathroom home of 1750 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was higher at $647,250 – the median being for a 3 bedroom 2 bathroom home of 1736 square feet.

Important to note is the median square foot price at $392.00 – up from $383.00 in our last post and $369.00 in our prior 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 our inventory of luxury homes for sale is higher right now –  having been lower earlier this year.

This higher level of inventory gives luxury home buyers a great selection!

It is also important to note that the highest numbers of luxury homes for sale are in Central and East Wilton Manors!

Currently of the 33 luxury Wilton Manors Homes for sale – only 2 are in West Wilton Manors!

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

Kevin Wirth Realtor – 954-459-0337