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 BlockShopper.com.
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:
City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Parkland | 52 | 39 | 33.3% | $687,000 | $540,000 | 27.2% |
Lighthouse Point | 45 | 32 | 40.6% | $660,000 | $566,250 | 16.6% |
Southwest Ranches | 16 | 9 | 77.8% | $640,000 | $620,000 | 3.2% |
Weston | 137 | 125 | 9.6% | $470,000 | $375,000 | 25.3% |
Cooper City | 61 | 49 | 24.5% | $439,900 | $405,000 | 8.6% |
Lauderdale-by-the-Sea | 33 | 25 | 32% | $420,000 | $360,000 | 16.7% |
Wilton Manors | 45 | 26 | 73.1% | $417,500 | $293,000 | 42.5% |
Coral Springs | 227 | 223 | 1.8% | $380,000 | $340,000 | 11.8% |
Fort Lauderdale | 488 | 380 | 28.4% | $380,000 | $298,500 | 27.3% |
Sea Ranch Lakes | 4 | 1 | 300% | $361,500 | $2,895,000 | -87.5% |
Hillsboro Beach | 7 | 5 | 40% | $335,000 | $400,000 | -16.3% |