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Saturday, November 2, 2024

Pricing for the median home in Tamarac increased during May

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The median sale price of a home sold in May in Tamarac rose by $45,000 while total sales decreased by 1.8 percent, according to BlockShopper.com.

In May, there were 217 homes sold, with a median sale price of $260,000 - a 20.9 percent increase over the $215,000 median sale price for the same period of the previous year. There were 221 homes sold in Tamarac in May 2021.

The median sales tax in Tamarac for the most recent year with available data, 2017, was $1,953, approximately 0.8 percent of the median home sale price for May.

The following table compares Tamarac to other Broward County cities with similar median sale prices in May:

CityMay 2022 Home SalesMay 2021 Home Sales% change (Total Home Sales)May 2022 Median Sales PriceMay 2021 Median Sales Price% change (Median Sales Price)
Hallandale Beach210215-2.3$287,000$226,50026.7
Dania Beach1007042.9$275,000$299,995-8.3
North Lauderdale6776-11.8$270,750$217,75024.3
Coconut Creek114139-18$265,000$195,00035.9
Sunrise23420315.3$260,000$255,0002
Tamarac217221-1.8$260,000$215,00020.9
Margate15012421$233,000$170,00037.1
Lighthouse Point3064-53.1$225,000$617,500-63.6
Deerfield Beach2662458.6$220,000$165,00033.3
Lauderhill19315028.7$145,000$125,37515.7
Pembroke Park196216.7$110,000$107,5002.3

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