Lighthouse Point home prices fall in January 2020

Medium realestate4

The median sale price of a home sold in January 2020 in Lighthouse Point fell by $267,000 while total sales increased by 26.1%, according to BlockShopper.com.

In January 2020, there were 29 homes sold, with a median sale price of $398,000 - a 40.2% decrease over the $665,000 median sale price for the same period of the previous year. There were 23 homes sold in Lighthouse Point in January 2019.

The median sales tax in Lighthouse Point for the most recent year with available data, 2017, was $4,580, approximately 1.2% of the median home sale price for January 2020.

The following table compares Lighthouse Point to other Broward County cities with similar median sales prices in January 2020:

City
Jan. 2020 Home Sales
Jan. 2019 Home Sales
% change (Total Home Sales)
Jan. 2020 Median Sales Price
Jan. 2019 Median Sales Price
% change (Median Sales Price)
Southwest Ranches
3
11
-72.7%
$1,050,000
$675,000
55.6%
Parkland
30
30
0%
$491,000
$586,000
-16.2%
Weston
86
77
11.7%
$447,500
$429,900
4.1%
Lighthouse Point
29
23
26.1%
$398,000
$665,000
-40.2%
Wilton Manors
25
31
-19.4%
$395,000
$365,000
8.2%
Hillsboro Beach
8
9
-11.1%
$381,500
$470,000
-18.8%
Cooper City
21
34
-38.2%
$352,110
$386,450
-8.9%
Lauderdale-by-the-Sea
22
17
29.4%
$340,000
$190,000
78.9%
Fort Lauderdale
327
350
-6.6%
$335,000
$271,500
23.4%
Sea Ranch Lakes
1
4
-75%
$315,000
$357,000
-11.8%
Coral Springs
147
160
-8.1%
$315,000
$316,323
-0.4%

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