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:
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) |
---|---|---|---|---|---|---|
Lighthouse Point | 225 | 296 | -24 | $717,650 | $612,000 | 17.3 |
Sea Ranch Lakes | 23 | 26 | -11.5 | $680,000 | $589,000 | 15.4 |
Weston | 664 | 843 | -21.2 | $650,000 | $525,000 | 23.8 |
Pompano Beach (unincorporated) | 8 | 4 | 100 | $602,500 | $502,500 | 19.9 |
Hillsboro Beach | 81 | 125 | -35.2 | $580,000 | $418,000 | 38.8 |
Lauderdale-by-the-Sea | 229 | 286 | -19.9 | $575,000 | $512,500 | 12.2 |
Cooper City | 225 | 271 | -17 | $566,000 | $435,000 | 30.1 |
Wilton Manors | 256 | 304 | -15.8 | $540,000 | $440,000 | 22.7 |
Coral Springs | 1,254 | 1,351 | -7.2 | $495,000 | $405,000 | 22.2 |
Fort Lauderdale | 3,131 | 3,764 | -16.8 | $462,000 | $400,000 | 15.5 |
Miramar | 960 | 1,000 | -4 | $415,000 | $347,500 | 19.4 |