Is Wilton Manors, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Wilton Manors was a Seller's Market.
Key Takeaway
Wilton Manors is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Wilton Manors, FL
How much do homes in Wilton Manors, FL cost?
Median Sold Price
$575,500
$402/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Wilton Manors have sold for 4.1% less than they did a year ago.
Summary: The median home sold price in Wilton Manors was $575,500 in May 2024, down 4.1% from last year, and the median price per square foot was $402.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $200K | $175K | -12.5% |
| 2 Bedrooms | $430K | $359.5K | -16.4% |
| 3 Bedrooms | $705K | $785K | +11.3% |
| 4 Bedrooms | $1.1M | $860K | -22.7% |
| 5+ Bedrooms | $715K | - | N/A |
Summary: Wilton Manors housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 22.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fort Lauderdale | $440K | $475.1K | +8.0% |
| Oakland Park | $380K | $393K | +3.4% |
| Wilton Manors | $600K | $575.5K | -4.1% |
Housing Supply in Wilton Manors, FL
How many homes are available in Wilton Manors, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 46 | 60 | +30.4% |
Summary: The Wilton Manors real estate market had 60 homes for sale in May 2024, a 30.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 17 | 20 | +17.6% |
| 3 Bedrooms | 18 | 21 | +16.7% |
| 4 Bedrooms | 4 | 8 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Wilton Manors housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wilton Manors, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Wilton Manors in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Wilton Manors, FL
How long does it take to sell a home in Wilton Manors, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 27 Days | -44.5% |
Summary: Homes in Wilton Manors had an average of 27 days on market in May 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wilton Manors are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 7 homes were sold in Wilton Manors; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.