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North Broward News

Tuesday, November 26, 2024

Median home prices in Lauderdale-by-the-Sea rose to $575,000 in the first half of 2022

Realestate5

The median sale price of a home sold in the first half of 2022 in Lauderdale-by-the-Sea rose by $62,500 while total sales decreased by 19.9 percent, according to BlockShopper.com.

From January through June, there were 229 homes sold, with a median sale price of $575,000 - a 12.2 percent increase over the $512,500 median sale price for the same period of the previous year. There were 286 homes sold in Lauderdale-by-the-Sea in the first half of 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 the first half of 2022.

The following table compares Lauderdale-by-the-Sea to other Broward County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Lighthouse Point225296-24$717,650$612,00017.3
Sea Ranch Lakes2326-11.5$680,000$589,00015.4
Weston664843-21.2$650,000$525,00023.8
Pompano Beach (unincorporated)84100$602,500$502,50019.9
Hillsboro Beach81125-35.2$580,000$418,00038.8
Lauderdale-by-the-Sea229286-19.9$575,000$512,50012.2
Cooper City225271-17$566,000$435,00030.1
Wilton Manors256304-15.8$540,000$440,00022.7
Coral Springs1,2541,351-7.2$495,000$405,00022.2
Fort Lauderdale3,1313,764-16.8$462,000$400,00015.5
Miramar9601,000-4$415,000$347,50019.4

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