Lauderdale Lakes home prices rise in the third quarter of 2020

Medium realestate2

The median sale price of a home sold in the third quarter of 2020 in Lauderdale Lakes rose by $9,000 while total sales decreased by 17.6%, according to

From July through September of 2020, there were 122 homes sold, with a median sale price of $87,500 - a 11.5% increase over the $78,500 median sale price for the same period of the previous year. There were 148 homes sold in Lauderdale Lakes in the third quarter of 2019.

The median sales tax in Lauderdale Lakes for the most recent year with available data, 2017, was $1,352, approximately 1.5% of the median home sale price for the third quarter of 2020.

The following table compares Lauderdale Lakes to other Broward County cities with similar median sales prices in the third quarter of 2020:

CityJuly - Sept. 2020 Home SalesJuly - Sept. 2019 Home Sales% change (Total Home Sales)July - Sept. 2020 Median Sales PriceJuly - Sept. 2019 Median Sales Price% change (Median Sales Price)
Fort Lauderdale (unincorporated)5070-28.6%$236,000$214,50010%
Dania Beach164209-21.5%$215,000$190,00013.2%
North Lauderdale173205-15.6%$215,000$181,50018.5%
Coconut Creek3853636.1%$213,900$167,50027.7%
Hallandale Beach304330-7.9%$205,000$185,00010.8%
Deerfield Beach528567-6.9%$200,000$153,10030.6%
Pembroke Park181520%$100,000$86,50015.6%
Lauderdale Lakes122148-17.6%$87,500$78,50011.5%

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