Tamarac home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Tamarac rose by $50,000 while total sales decreased by 5.2%, according to BlockShopper.com.

In October 2020, there were 184 homes sold, with a median sale price of $230,000 - a 27.8% increase over the $180,000 median sale price for the same period of the previous year. There were 194 homes sold in Tamarac in October 2019.

The median sales tax in Tamarac for the most recent year with available data, 2017, was $1,953, approximately 0.8% of the median home sale price for October 2020.

The following table compares Tamarac to other Broward County cities with similar median sales prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Hollywood29024120.3%$280,000$285,000-1.8%
West Park2228-21.4%$280,000$222,00026.1%
Oakland Park97961%$237,500$175,00035.7%
Fort Lauderdale (unincorporated)1430-53.3%$234,124.50$190,00023.2%
Dania Beach775248.1%$230,000$141,00063.1%
Tamarac184194-5.2%$230,000$180,00027.8%
Pompano Beach27319937.2%$229,000$209,0009.6%
Margate117128-8.6%$227,500$184,50023.3%
Sunrise188201-6.5%$222,500$173,50028.2%
Coconut Creek1211200.8%$215,000$179,50019.8%
Deerfield Beach1801781.1%$203,750$156,25030.4%

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