Oakland Park home prices rise in the third quarter of 2020

Medium realestate4

The median sale price of a home sold in the third quarter of 2020 in Oakland Park rose by $23,100 while total sales decreased by 1.6%, according to BlockShopper.com.

From July through September of 2020, there were 305 homes sold, with a median sale price of $250,600 - a 10.2% increase over the $227,500 median sale price for the same period of the previous year. There were 310 homes sold in Oakland Park in the third quarter of 2019.

The median sales tax in Oakland Park for the most recent year with available data, 2017, was $2,081, approximately 0.8% of the median home sale price for the third quarter of 2020.

The following table compares Oakland Park 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)
Uninc-33317/Broadview Park21100%$340,000$350,000-2.9%
Pembroke Pines849883-3.9%$321,000$270,00018.9%
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%

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