Wilton Manors Luxury Real Estate

Luxury Real Estate

Wilton Manors
Luxury Real Estate

Welcome to our Sept / Oct 2016 post on Wilton Manors luxury 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 luxury new construction Wilton Manors homes for sale too!

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Key Statistics for Buyers / Sellers

  • Prices from $514,900 – $1.35 Million
  • Median List Price $599,500
    – Waterfront $666,500
    – Non-Waterfront $577,500

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 of a Luxury Wilton Manors home for sale - Newer Construction!
View of a Luxury Wilton Manors home for sale – Newer Construction!

Luxury Homes for Sale

There are currently 26 Luxury Wilton Manors Homes for Sale  – this is down a little from the 29 x luxury homes for sale as in our last post on Luxury Wilton Manors Homes for Sale in 2016 !

The market analysis report for these 26 x luxury homes for sale is presented below

 $$ Beds/Baths SF/FF List Price
High 6 / 6 3,749 $1,350,000
Low 2 / 2 1,337 $514,900
Avg 3 / 3 2,252 $657,604
Med 3 / 2 2,238 $599,500


We can see from this report that the average price for a luxury Wilton Manors home is $657,604 – and the median price is $599,900.

  • In our March / April 2016 Update the average price for a luxury Wilton Manors home was $683,065 – and the median price was $654,999.
  • In our December / January 2016 Update the average price for a luxury Wilton Manors home was $722,212 – and the median price was $604,450.
  • In our October / November 2015 Update the average price for a luxury Wilton Manors home was $710,621 – and the median price was $614,000.
  • In our August / September 2015 Update the average price for a luxury Wilton Manors home was $703,067 – and the median price was $599,000.

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

It is important to note that median prices for Luxury Wilton Manors homes for sale have softened.

Prior to this median prices for luxury Wilton Manors homes have been on the rise – up from $599,000 in our post for August / September 2015. 

It is also important to note however that luxury real estate prices here in Wilton Manors are very specific and median pricing 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 non-waterfront pool home for sale in Wilton Manors
View luxury non-waterfront pool home for sale in Wilton Manors

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.

 Median Beds/Baths SF/FF List Price
ALL 3 / 2 2,238 $599,500
W/Front 3 / 2 2,284 $666,500
NonW/F 4 / 3 2,176 $577,500

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

  • Luxury Wilton Manors waterfront homes for sale is $666,500this being for a 3 bedroom 2 bathroom home of 2284 square feet with a list price to square foot price of $331.00.  In our last post the median price for Luxury Wilton Manors waterfront homes for sale was very close at $669,000 – this being for a 3 bedroom 2 bathroom home of 1928 square feet with a list price to square foot price of $357.00.
  • Luxury Wilton Manors non-waterfront homes for sale is $577,500 – this being for a 4 bedroom 3 bathroom home of 2176 square feet with a list price to square foot price of $283.00.  In our last post the median price for Luxury Wilton Manors non-waterfront homes for sale was lower at $625,000 – this being for a 4 bedroom 3 bathroom home of 2810 square feet with a list price to square foot price of $280.00

It is important to note the overall premium luxury Wilton Manors waterfront homes command over non-waterfront homes – a premium based on median prices of almost $90,000!

It is also very important to compare the square foot prices of waterfront and non-waterfront homes.

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.

Median  Beds/Baths SF/FF List Price
ALL 3 / 2 2,238 $599,500
West 4 / 2 3,141 $586,000
Central 3 / 2 2,073 $592,500
East 3 / 2 2,261 $614,000


We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $599,500 – the median varies by neighborhood!

West Wilton Manors
Luxury Homes

Here is our market summary report for the 4 x Luxury West Wilton Manors Homes for sale.

Beds/Baths SF/FF List Price LP$/SqFt
4 / 2 3,141 $586,000 $279

 

We can see from this report that Luxury West Wilton Manors Homes for Sale have a median price of  $586,000 – this being for a 4 bedroom 2 bathroom home of 3141 square feet.

In our last post the median price for Luxury West Wilton Manors Homes for Sale was lower at $575,000 – this being for a 4 bedroom 3 bathroom home of 2810 square feet.

Important to note is the median square foot price at $279.00 – up from $267.00 in our last post!

View of a luxury Central Wilton Manors Mid Century Home for Sale
View of a luxury Central Wilton Manors “Mid-Century” Home for Sale

Central Wilton Manors
Luxury Homes

Here is our market summary report for the 10 x Luxury Central Wilton Manors Homes for sale.

Beds/Baths SF/FF List Price LP$/SqFt
3 / 2 2,073 $592,500 $327


We can see from this report that Luxury Central Wilton Manors Homes for Sale have a median price of  $592,500
 – this being for a 3 bedroom 2 bathroom home of 2073 square feet.

In our last post the median price for Luxury Central Wilton Manors Homes for Sale was higher at $629,950 – this being for a 3 bedroom 2 bathroom home of 2887 square feet.

Important to note is the median square foot price at $327.00 – well up from $282.00 in our last post!

East Wilton Manors Luxury Homes

Here is our market summary report for the 12 x Luxury East Wilton Manors Homes for sale.

Beds/Baths SF/FF List Price LP$/SqFt
3 / 2 2,261 $614,000 $316


We can see from this report that Luxury East Wilton Manors Homes for Sale have a median price of  $614,500
 – this being for a 3 bedroom 2 bathroom home of 2261 square feet.

In our last post the median price for Luxury East Wilton Manors Homes for Sale was higher at $662,000this being for a 3 bedroom 2 bathroom home – a much smaller home of 1935 square feet.

Important to note is the median square foot price at $316.00 – well down from $357.00 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.

Median list prices for luxury Wilton Manors Waterfront homes for sale have remained relatively stable.

However median list prices for luxury Wilton Manors non-waterfront homes for sale have softened – down from $625,000 in our last post to $577,500 in this post.

This softening of prices is in my mind a reflection of increasing prices overall for Wilton Manors Homes for Sale – which is seeing more and more homes for sale entering the $500,000 plus price range.

This is a positive real estate indicator and one which I think will soon result in increased prices for true “luxury” homes for sale!

Our “mid market” for home prices has moved upwards, our luxury market is now following – making now a great time to buy!

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

Kevin Wirth Realtor – 954-459-0337