In May, there were 42 homes sold, with a median sale price of $560,000 - a 9.8 percent increase over the $510,000 median sale price for the same period of the previous year. There were 62 homes sold in Lauderdale-by-the-Sea in May 2021.
The median sales tax in Lauderdale-by-the-Sea for the most recent year with available data, 2017, was $5,183, approximately 0.9 percent of the median home sale price for May.
The following table compares Lauderdale-by-the-Sea to other Broward County cities with similar median sale prices in May:
City | May 2022 Home Sales | May 2021 Home Sales | % change (Total Home Sales) | May 2022 Median Sales Price | May 2021 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Weston | 119 | 154 | -22.7 | $725,000 | $559,500 | 29.6 |
Cooper City | 40 | 53 | -24.5 | $612,500 | $455,000 | 34.6 |
Sea Ranch Lakes | 7 | 2 | 250 | $595,000 | $1,110,000 | -46.4 |
Wilton Manors | 40 | 53 | -24.5 | $585,500 | $475,000 | 23.3 |
Hillsboro Beach | 13 | 23 | -43.5 | $580,000 | $421,000 | 37.8 |
Lauderdale-by-the-Sea | 42 | 62 | -32.3 | $560,000 | $510,000 | 9.8 |
Coral Springs | 203 | 219 | -7.3 | $519,900 | $412,500 | 26 |
Fort Lauderdale | 564 | 647 | -12.8 | $469,500 | $395,000 | 18.9 |
Plantation | 148 | 197 | -24.9 | $450,000 | $349,000 | 28.9 |
Miramar | 154 | 169 | -8.9 | $450,000 | $347,000 | 29.7 |
Hollywood | 368 | 416 | -11.5 | $425,000 | $332,750 | 27.7 |