Lauderdale-by-the-Sea home prices rise in October 2020

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The median sale price of a home sold in October 2020 in Lauderdale-by-the-Sea rose by $60,000 while total sales increased by 32%, according to

In October 2020, there were 33 homes sold, with a median sale price of $420,000 - a 16.7% increase over the $360,000 median sale price for the same period of the previous year. There were 25 homes sold in Lauderdale-by-the-Sea in October 2019.

The median sales tax in Lauderdale-by-the-Sea for the most recent year with available data, 2017, was $5,183, approximately 1.2% of the median home sale price for October 2020.

The following table compares Lauderdale-by-the-Sea 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)
Lighthouse Point453240.6%$660,000$566,25016.6%
Southwest Ranches16977.8%$640,000$620,0003.2%
Cooper City614924.5%$439,900$405,0008.6%
Wilton Manors452673.1%$417,500$293,00042.5%
Coral Springs2272231.8%$380,000$340,00011.8%
Fort Lauderdale48838028.4%$380,000$298,50027.3%
Sea Ranch Lakes41300%$361,500$2,895,000-87.5%
Hillsboro Beach7540%$335,000$400,000-16.3%

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