Rising home prices in Hillsboro Beach in the first half of 2022

Rising home prices in Hillsboro Beach in the first half of 2022
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The median sale price of a home sold in the first half of 2022 in Hillsboro Beach rose by $162,000 while total sales decreased by 35.2 percent, according to BlockShopper.com.

From January through June, there were 81 homes sold, with a median sale price of $580,000 – a 38.8 percent increase over the $418,000 median sale price for the same period of the previous year. There were 125 homes sold in Hillsboro Beach in the first half of 2021.

The median sales tax in Hillsboro Beach for the most recent year with available data, 2017, was $5,100, approximately 0.9 percent of the median home sale price for the first half of 2022.

The following table compares Hillsboro Beach to other Broward County cities with similar median sale prices in the first half of 2022:

City January – June 2022 Home Sales January – June 2021 Home Sales % change (Total Home Sales) January – June 2022 Median Sales Price January – June 2021 Median Sales Price % change (Median Sales Price)
Parkland 228 279 -18.3 $950,000 $710,000 33.8
Lighthouse Point 225 296 -24 $717,650 $612,000 17.3
Sea Ranch Lakes 23 26 -11.5 $680,000 $589,000 15.4
Weston 664 843 -21.2 $650,000 $525,000 23.8
Pompano Beach (unincorporated) 8 4 100 $602,500 $502,500 19.9
Hillsboro Beach 81 125 -35.2 $580,000 $418,000 38.8
Lauderdale-by-the-Sea 229 286 -19.9 $575,000 $512,500 12.2
Cooper City 225 271 -17 $566,000 $435,000 30.1
Wilton Manors 256 304 -15.8 $540,000 $440,000 22.7
Coral Springs 1,254 1,351 -7.2 $495,000 $405,000 22.2
Fort Lauderdale 3,131 3,764 -16.8 $462,000 $400,000 15.5


Related

Brenda D. Forman, Clerk of Broward County - https://www.electbrendaforman.net/

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