Is Wilton Manors, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Wilton Manors was a Seller's 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
$527,500
$400/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Wilton Manors have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Wilton Manors was $527,500 in March 2024, down 10.2% from last year, and the median price per square foot was $400.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $182.5K | -6.4% |
| 2 Bedrooms | $406K | $394.5K | -2.8% |
| 3 Bedrooms | $705K | $790K | +12.1% |
| 4 Bedrooms | $900K | $920K | +2.2% |
| 5+ Bedrooms | $715K | - | N/A |
Summary: Wilton Manors housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.4%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fort Lauderdale | $439.9K | $475K | +8.0% |
| Oakland Park | $365K | $385.5K | +5.6% |
| Wilton Manors | $587.7K | $527.5K | -10.2% |
Housing Supply in Wilton Manors, FL
How many homes are available in Wilton Manors, FL?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 63 | 68 | +7.9% |
Summary: The Wilton Manors real estate market had 68 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 11 | +22.2% |
| 2 Bedrooms | 21 | 18 | -14.3% |
| 3 Bedrooms | 27 | 30 | +11.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wilton Manors housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 9 | -18.2% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 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. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Wilton Manors in March 2024, down by 18.2% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 61 Days | 28 Days | -53.2% |
Summary: Homes in Wilton Manors had an average of 28 days on market in Mar 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wilton Manors are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 9 homes were sold in Wilton Manors; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.