What happened to the median home price in Plantation during May 2021?

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The median sale price of a home sold in May 2021 in Plantation rose by $30,130 while total sales increased by 139%, according to BlockShopper.com.

In May 2021, there were 196 homes sold, with a median sale price of $348,125 - a 9.5% increase over the $317,995 median sale price for the same period of the previous year. There were 82 homes sold in Plantation in May 2020.

The median sales tax in Plantation for the most recent year with available data, 2017, was $2,956, approximately 0.8% of the median home sale price for May 2021.

The following table compares Plantation to other Broward County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Wilton Manors5322140.9%$475,000$427,50011.1%
Cooper City5324120.8%$455,000$361,50025.9%
Hillsboro Beach235360%$421,000$190,000121.6%
Coral Springs21913265.9%$412,500$379,0008.8%
Fort Lauderdale647216199.5%$395,000$297,45032.8%
Plantation19682139%$348,125$317,9959.5%
Miramar1699087.8%$347,000$312,50011%
Hollywood416130220%$332,750$276,00020.6%
Davie17774139.2%$320,000$297,5007.6%
Pembroke Pines310151105.3%$308,500$289,7006.5%
West Park2610160%$305,000$188,00062.2%

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