Wilton Manors Luxury Real Estate

Luxury Real Estate

2018 Pricing Guide
Wilton Manors Luxury Real Estate

Welcome to our February / March 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 $900,000
  • Median List Price $609,900
    – Waterfront $645,000
    – Non-Waterfront $569,600

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 19th Ave
View luxury East Wilton Manors home for sale – NE 19th Ave

Luxury Homes for Sale
Pricing Guide

There are currently 25 Luxury Wilton Manors Home for Sale

The number of luxury homes for sale is down from 32 x Luxury Wilton Manors Homes for Sale as in our last post for December 2017 / January 2018

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

BEDS / BATHS LA LP$
Min 2 / 2 1350 $525,000
Max 6 / 4 3479 $978,788
Avg 3 / 2 2014 $651,800
Median 3 / 2 1857 $609,900

We can see from this report that the average price for a luxury Wilton Manors home is $651,800 – and the median price is $609,900

Median prices for luxury real estate tend to range from around $600,000 to around $625,000!

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

In our post for August / September 2017 the average price for a luxury Wilton Manors home for sale was $691,330 – and the median price was $625,000

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

It is 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 27th Street
View luxury Central Wilton Manors home for sale – NE 27th Street

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 1854 $604,900
W/Front 3 / 2 1862 $645,000
Non-W/F 3 / 2 1750 $569,600

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

  • Luxury Wilton Manors waterfront homes for sale is $645,000 – this being for a 3 bedroom 2 bathroom home of 1862 square feet with a list price to square foot price of $371.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was higher at $657,250 – this being for a 3 bedroom 2 bathroom home of 1979 square feet with a list price to square foot price of $318.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $569,600 – this being for a 3 bedroom 2 bathroom home of 1750 square feet with a list price to square foot price of $321.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was $582,450 – this being for a 3 bedroom 2 bathroom home of 1836 square feet with a list price to square foot price of $319.00.

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

This month the premium is over $75,000 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 1854 $604,900
WEST 3 / 2 1972 $564,500
CENTRAL 4 / 2 2600 $596,750
EAST 3 / 2 1750 $642,500

We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $604,900 – the median varies widely by neighborhood.

Currently there is a difference of almost $80,000 in median prices between West Wilton Manors and East Wilton Manors!

View luxury West Wilton Manors home for sale - NW 28th Street
View luxury West Wilton Manors home for sale – NW 28th Street

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 1414 $525,000
Max 4 / 3 2508 $615,000
Avg 3 / 2 1965 $564,600
Median 3 / 2 1972 $564,500

We can see from this report that Luxury West Wilton Manors Homes for Sale have an average price of $564,600 and a median price of $564,500 – the median being for a 3 bedroom 2 bathroom home of 1972 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was a little higher at $569,000 – the median being for a 3 bedroom 2 bathroom home of 1944 square feet.

Important to note is the median square foot price at $264.00 – well down from $290.00 in our last post and from $320.00 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 3 / 2 1598 $575,000
Max 6 / 4 3479 $850,000
Avg 4 / 3 2569 $654,625
Median 4 / 2 2600 $596,750

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

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was higher at $665,000 – this being for a 3 bedroom 3 bathroom home of 2608 square feet.

Important to note is the median square foot price at $231.00 – well down from $295.00 in our last post and from $299.00 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 1350 $519,000
Max 4 / 3 2650 $978,788
Avg 3 / 2 1857 $676,993
Median 3 / 2 1750 $642,500

We can see from this report that Luxury East Wilton Manors Homes for Sale have an average price of $676,993 and a median price of $642,500 – 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 a little higher at $649,250 – the median being for a 3 bedroom 2 bathroom home of 1854 square feet.

Important to note is the median square foot price at $369.00 – up from $333.00 in our last post and from $350.00 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 inventory levels have declined over the last few month.

Despite this decline we still have some very nice homes for sale – including a number that have been totally updated and renovated!

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

Kevin Wirth Realtor – 954-459-0337