First half of 2022: Oakland Park experienced a 23.4% increase in median home prices

First half of 2022: Oakland Park experienced a 23.4% increase in median home prices
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The median sale price of a home sold in the first half of 2022 in Oakland Park rose by $58,500 while total sales increased by 1.4 percent, according to BlockShopper.com.

From January through June, there were 703 homes sold, with a median sale price of $308,500 – a 23.4 percent increase over the $250,000 median sale price for the same period of the previous year. There were 693 homes sold in Oakland Park in the first half of 2021.

The median sales tax in Oakland Park for the most recent year with available data, 2017, was $2,081, approximately 0.7 percent of the median home sale price for the first half of 2022.

The following table compares Oakland Park 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)
Hollywood 2,178 2,262 -3.7 $410,000 $340,000 20.6
Uninc-33317/Broadview Park 5 8 -37.5 $395,000 $332,500 18.8
Plantation 943 1,028 -8.3 $380,000 $335,000 13.4
Davie 919 1,002 -8.3 $375,000 $310,000 21
Pembroke Pines 1,680 1,702 -1.3 $343,000 $300,000 14.3
Oakland Park 703 693 1.4 $308,500 $250,000 23.4
West Park 144 128 12.5 $306,350 $273,500 12
Fort Lauderdale (unincorporated) 136 125 8.8 $306,000 $238,000 28.6
Pompano Beach 1,809 1,931 -6.3 $301,000 $250,000 20.4
Hallandale Beach 1,152 1,142 0.9 $279,500 $230,000 21.5
Dania Beach 485 455 6.6 $275,000 $242,000 13.6


Related

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

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

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