Luxury Real Estate
Wilton Manors offers a great range of luxury real estate – especially single family homes.
Our range of offerings is very strong especially if you are looking at luxury homes and luxury waterfront homes.
Key Statistics for Buyers / Sellers
- Prices from $500,000 – $995,000
- Median List Price $399,900
- Median Sales Price last 90 Days $350,000
- Median Sales to List Price 94%
- Days on Market 47 Days
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.
Luxury Homes for Sale
There are currently 24 Luxury Wilton Manors Homes for Sale – this is down slightly from the 28 luxury homes for sale in March 2015
The market analysis report for these homes is presented below
|High||6 / 6||4,617||$1,600,000|
|Low||2 / 2||1,343||$525,000|
|Avg||4 / 3||2,499||$762,914|
|Med||3 / 3||2,128||$689,000|
We can see from this report that the average price for a luxury Wilton Manors home is $762,914 – and the median price is $689,000 – which is up from March 2015.
In our March Update the average price for a luxury Wilton Manors home was $702,403 – and the median price was $664,000
Both the average and median prices in this and our March Update are / were based on 3 bedroom single family homes.
Important to note is the median list price to square foot price at $298.00
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.
|ALL||3 / 3||2,128||$689,000|
|West||4 / 3||2,123||$599,000|
|Central||3 / 3||3,341||$927,450|
|East||3 / 2||2,099||$682,000|
We can see from this report that while the median for luxury homes for sale across all of Wilton Manors is $689,000 – the median varies dramatically by neighborhood.
West Wilton Manors
From this report we can see that Luxury West Wilton Manors Homes for Sale have a median price of $599,000 – this being for a 4 bedroom 3 bathroom home of 2123 square feet.
Important to note is the median square foot price at $286.00
Central Wilton Manors
Luxury Central Wilton Manors homes for sale have median price of $927,450 – this being for a larger 3 bedroom 3 bathroom home of 3341 square feet.
Again it is important to note is the median square foot price at $287.00
East Wilton Manors Luxury Homes
East Wilton Manors homes for sale have a median price at $682,000 – this being for a 3 bedroom 2 bathroom home – a home of 2099 square feet.
Important to note is the higher median square foot price at $305.00
Luxury Homes for Sale
Non Waterfront & Waterfront
There is also a marked difference between luxury non-waterfront homes for sale and luxury waterfront homes for sale here in Wilton Manors.
|ALL||3 / 3||2,128||$689,000|
|NWF||4 / 3||2,499||$599,000|
|WF||3 / 2||2,128||$707,000|
We can see from this report that the median for a luxury non waterfront home for sale is $559,000 – this being for a 4 bedroom 2 bathroom home of 2499 square feet with a list price to square foot price of $286.00
We can also see from this report that the median for a luxury waterfront home for sale is $707,000 – this being for a 3 bedroom 2 bathroom home of 2128 square feet with a list price to square foot price of $311.00
Luxury Waterfront homes for sale typically command a higher price here in Wilton Manors!
Wilton Manors Luxury Home Prices
Here is our pricing guide based on recent sales of ALL Wilton Manors Luxury Homes over the last 90 Days / 3 months – both waterfront and non waterfront homes.
|High||4 / 4||4,150||$875,000|
|Low||3 / 2||1,684||$477,700|
|Avg||3 / 3||2,671||$629,642|
|Med||3 / 3||2,443||$515,000|
We can see from this report that the median price for a luxury home sold in Wilton Manors over the last 3 months has been $515,000 – this being based on a 3 bedroom 3 bathroom home of 2443 square feet with a sales price to square foot price of $248.00
Note the highest sales price to square foot price paid for a luxury home here in Wilton Manors over the last 90 days of $340.00 per square foot.
Sales to List Price
An important real estate indicators that is important to note is how much buyers are paying for Luxury Wilton Manors Homes – based on the percentage of sales price to list price.
The market analysis report for this is presented below
We can see from this report that BOTH the average and median sales price to list price for Luxury Wilton Manors Homes is 96% of list price.
This means if a Luxury Wilton Manors Home for sale is listed at $700,000 – then based on median sales data the home would sell for 96% of that amount or $672,000.
Days on Market
Days on market for Luxury Wilton Manors Homes for Sale is an important indicator on how our real estate market is preforming – in terms of demand.
Here is the market analysis report for Days on Market based on home sales over the last 90 days.
|$$||Days on Market|
We can see from this report that the average days on market for Luxury Wilton Manors Home for Sale is 90 days – this is the time from when the home was listed for sale till the home sold AND closed.
More importantly is the median days on market at 88 days or just under 3 months – this is solid and show strong demand for Luxury Wilton Manors Homes
I hope you have enjoyed my post on Luxury Wilton Manors Homes for Sale
Kevin Wirth Realtor – 954-459-0337