Home prices increased in Hillsboro Beach during May 2021

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The median sale price of a home sold in May 2021 in Hillsboro Beach rose by $231,000 while total sales increased by 360%, according to BlockShopper.com.

In May 2021, there were 23 homes sold, with a median sale price of $421,000 - a 121.6% increase over the $190,000 median sale price for the same period of the previous year. There were five homes sold in Hillsboro Beach in May 2020.

The median sales tax in Hillsboro Beach for the most recent year with available data, 2017, was $5,100, approximately 1.2% of the median home sale price for May 2021.

The following table compares Hillsboro Beach 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)
Lighthouse Point6414357.1%$617,500$520,00018.8%
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%

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