Hillsboro 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 Hillsboro Beach rose by $5,750 while total sales increased by 88.9%, according to BlockShopper.com.

From July through September of 2020, there were 34 homes sold, with a median sale price of $345,000 - a 1.7% increase over the $339,250 median sale price for the same period of the previous year. There were 18 homes sold in Hillsboro Beach in the third quarter of 2019.

The median sales tax in Hillsboro Beach for the most recent year with available data, 2017, was $5,100, approximately 1.5% of the median home sale price for the third quarter of 2020.

The following table compares Hillsboro 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)
Pompano Beach (unincorporated)4333.3%$422,500$320,00032%
Wilton Manors1291198.4%$390,000$350,00011.4%
Coral Springs675703-4%$380,000$355,0007%
Fort Lauderdale1,1971,224-2.2%$370,000$320,00015.6%
Hillsboro Beach341888.9%$345,000$339,2501.7%
Uninc-33317/Broadview Park21100%$340,000$350,000-2.9%
Pembroke Pines849883-3.9%$321,000$270,00018.9%

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