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Friday, November 22, 2024

First half of 2022: Home prices in North Lauderdale increased

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The median sale price of a home sold in the first half of 2022 in North Lauderdale rose by $45,000 while total sales increased by 1.8 percent, according to BlockShopper.com.

From January through June, there were 389 homes sold, with a median sale price of $255,000 - a 21.4 percent increase over the $210,000 median sale price for the same period of the previous year. There were 382 homes sold in North Lauderdale in the first half of 2021.

The median sales tax in North Lauderdale for the most recent year with available data, 2017, was $1,817, approximately 0.7 percent of the median home sale price for the first half of 2022.

The following table compares North Lauderdale 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)
West Park14412812.5$306,350$273,50012
Fort Lauderdale (unincorporated)1361258.8$306,000$238,00028.6
Pompano Beach1,8091,931-6.3$301,000$250,00020.4
Hallandale Beach1,1521,1420.9$279,500$230,00021.5
Dania Beach4854556.6$275,000$242,00013.6
North Lauderdale3893821.8$255,000$210,00021.4
Sunrise1,2151,2150$255,000$245,0004.1
Tamarac1,2881,1938$251,950$220,00014.5
Margate8247569$249,250$195,00027.8
Coconut Creek703806-12.8$240,000$193,00024.4
Deerfield Beach1,5151,4117.4$198,000$185,1007

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