Pompano Beach home prices rise in the third quarter of 2020

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The median sale price of a home sold in the third quarter of 2020 in Pompano Beach rose by $37,550 while total sales increased by 5.9%, according to BlockShopper.com.

From July through September of 2020, there were 750 homes sold, with a median sale price of $237,500 - a 18.8% increase over the $199,950 median sale price for the same period of the previous year. There were 708 homes sold in Pompano Beach in the third quarter of 2019.

The median sales tax in Pompano Beach for the most recent year with available data, 2017, was $2,313, approximately 1% of the median home sale price for the third quarter of 2020.

The following table compares Pompano Beach 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)
Oakland Park305310-1.6%$250,600$227,50010.2%
West Park5171-28.2%$250,000$232,0007.8%
Pompano Beach7507085.9%$237,500$199,95018.8%
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%

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