What happened to the median home price in Lauderhill during the first half of 2022?

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The median sale price of a home sold in the first half of 2022 in Lauderhill rose by $24,000 while total sales increased by 21.1 percent, according to BlockShopper.com.

From January through June, there were 1,038 homes sold, with a median sale price of $137,000 - a 21.2 percent increase over the $113,000 median sale price for the same period of the previous year. There were 857 homes sold in Lauderhill in the first half of 2021.

The median sales tax in Lauderhill for the most recent year with available data, 2017, was $1,620, approximately 1.2 percent of the median home sale price for the first half of 2022.

The following table compares Lauderhill to other Broward County cities with similar median sale prices in the first half of 2022:

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Hallandale Beach1,1521,1420.9$279,500$230,00021.5
Dania Beach4854556.6$275,000$242,00013.6
North Lauderdale3893821.8$255,000$210,00021.4
Coconut Creek703806-12.8$240,000$193,00024.4
Deerfield Beach1,5151,4117.4$198,000$185,1007
Pembroke Park14256153.6$115,000$112,5002.2
Lauderdale Lakes53335052.3$100,000$82,00022

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