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Saturday, November 23, 2024

What happened to the median home price in Davie during May?

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The median sale price of a home sold in May in Davie rose by $65,000 while total sales decreased by 10.2 percent, according to BlockShopper.com.

In May, there were 159 homes sold, with a median sale price of $385,000 - a 20.3 percent increase over the $320,000 median sale price for the same period of the previous year. There were 177 homes sold in Davie in May 2021.

The median sales tax in Davie for the most recent year with available data, 2017, was $3,087, approximately 0.8 percent of the median home sale price for May.

The following table compares Davie 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)
Coral Springs203219-7.3$519,900$412,50026
Fort Lauderdale564647-12.8$469,500$395,00018.9
Plantation148197-24.9$450,000$349,00028.9
Miramar154169-8.9$450,000$347,00029.7
Hollywood368416-11.5$425,000$332,75027.7
Davie159177-10.2$385,000$320,00020.3
West Park2026-23.1$368,500$305,00020.8
Pembroke Pines287310-7.4$360,000$308,50016.7
Oakland Park117129-9.3$339,000$240,00041.3
Fort Lauderdale (unincorporated)22214.8$325,000$255,00027.5
Pompano Beach288333-13.5$313,000$250,00025.2

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