HOMESbyRP of eXp Realty / Richard Pearrell

Wilton Manors, FL

Single-Family Homes

GRI REALTOR® in DC, MD, VA & FL with eXp Realty, LLC / Richard@HOMESbyRP.com / (301) 991-7061 / https://HOMESbyRP.com/



Wilton Manors, FL

Mon Dec 04 2023
This week the median list price for Wilton Manors, FL is $850,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has decreased to 81. Click here to stay informed with the Wilton Manors market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Wilton Manors, FL

Mon Dec 04 2023
This week the median list price for Wilton Manors, FL is $850,000 with the market action index hovering around 31. This is less than last month's market action index of 32. Inventory has decreased to 81. Click here to stay informed with the Wilton Manors market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Wilton Manors market.
Median List Price $850,000
Median Price of New Listings $899,000
Per Square Foot $554
Average Days on Market 119
Median Days on Market 84
Price Decreased 60%
Price Increased 1%
Relisted 15%
Inventory 81
Median Rent
Market Action 31
Slight Seller's Advantage

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,545,000 2,004 6,500 - 8,000 sqft 3 2.5 65 1 3 91
$985,000 1,723 8,000 - 10,000 sqft 3 2 67 1 3 70
$799,000 1,479 6,500 - 8,000 sqft 3 2 67 1 1 73
$650,000 1,320 6,500 - 8,000 sqft 3 2 65 0 1 105