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Friday, November 22, 2024

What happened to the median home price in Fort Lauderdale (unincorporated) during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Fort Lauderdale (unincorporated) rose by $68,000 while total sales increased by 8.8 percent, according to BlockShopper.com.

From January through June, there were 136 homes sold, with a median sale price of $306,000 - a 28.6 percent increase over the $238,000 median sale price for the same period of the previous year. There were 125 homes sold in Fort Lauderdale (unincorporated) in the first half of 2021.

The median sales tax in Fort Lauderdale (unincorporated) for the most recent year with available data, 2017, was $1,663, approximately 0.5 percent of the median home sale price for the first half of 2022.

The following table compares Fort Lauderdale (unincorporated) 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)
Plantation9431,028-8.3$380,000$335,00013.4
Davie9191,002-8.3$375,000$310,00021
Pembroke Pines1,6801,702-1.3$343,000$300,00014.3
Oakland Park7036931.4$308,500$250,00023.4
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

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