The median sale price of a home sold in September 2020 in Southwest Ranches fell by $22,297 while total sales increased by 114.3%, according to BlockShopper.com.
In September 2020, there were 15 homes sold, with a median sale price of $717,703 - a 3% decrease over the $740,000 median sale price for the same period of the previous year. There were seven homes sold in Southwest Ranches in September 2019.
The median sales tax in Southwest Ranches for the most recent year with available data, 2017, was $7,156, approximately 1% of the median home sale price for September 2020.
The following table compares Southwest Ranches to other Broward County cities with similar median sales prices in September 2020:
| City | Sept. 2020 Home Sales | Sept. 2019 Home Sales | % change (Total Home Sales) | Sept. 2020 Median Sales Price | Sept. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sea Ranch Lakes | 2 | 5 | -60% | $1,439,375 | $725,000 | 98.5% |
| Southwest Ranches | 15 | 7 | 114.3% | $717,703 | $740,000 | -3% |
| Parkland | 62 | 34 | 82.4% | $701,250 | $561,200 | 25% |
| Lighthouse Point | 34 | 35 | -2.9% | $579,500 | $410,000 | 41.3% |
| Lauderdale-by-the-Sea | 28 | 24 | 16.7% | $513,250 | $489,057.50 | 4.9% |
| Weston | 129 | 98 | 31.6% | $500,000 | $387,000 | 29.2% |
| Cooper City | 50 | 43 | 16.3% | $437,500 | $420,000 | 4.2% |
| Wilton Manors | 50 | 40 | 25% | $384,000 | $340,000 | 12.9% |
| Fort Lauderdale | 389 | 355 | 9.6% | $382,000 | $324,200 | 17.8% |
| Coral Springs | 228 | 203 | 12.3% | $375,000 | $325,000 | 15.4% |
| Pompano Beach (unincorporated) | 2 | 0 | - | $355,000 | $0 | - |
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