Is Wilton Manors, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
At the same time last year, Wilton Manors was a Neutral Market.
Key Takeaway
Wilton Manors is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wilton Manors, FL
How much do homes in Wilton Manors, FL cost?
Median Sold Price
$600,000
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Wilton Manors have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Wilton Manors was $600,000 in November 2023, up 8.1% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $183.7K | $185K | +0.7% |
| 2 Bedrooms | $305K | $418K | +37.0% |
| 3 Bedrooms | $739K | $725K | -1.9% |
| 4 Bedrooms | $922.5K | $900K | -2.4% |
| 5+ Bedrooms | - | $715K | N/A |
Summary: Wilton Manors housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes increased by 37%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Oakland Park | $352.8K | $385.5K | +9.3% |
| Wilton Manors | $555K | $600K | +8.1% |
| Fort Lauderdale | $447.1K | $454.4K | +1.6% |
Housing Supply in Wilton Manors, FL
How many homes are available in Wilton Manors, FL?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 57 | 54 | -5.3% |
Summary: The Wilton Manors real estate market had 54 homes for sale in November 2023, a 5.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wilton Manors housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Wilton Manors, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Wilton Manors in November 2023, down by 70.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wilton Manors, FL
How long does it take to sell a home in Wilton Manors, FL?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 67 Days | 85 Days | +26.9% |
Summary: Homes in Wilton Manors had an average of 85 days on market in Nov 2023, up by 26.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wilton Manors has remained consistent over time.
Summary: During November 2023, 3 homes were sold in Wilton Manors; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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