In September 2019, there were seven homes sold, with a median sale price of $740,000 - a 5.3% increase over the $702,500 median sale price for the same period of the previous year. There were six homes sold in Southwest Ranches in September 2018.
The median sales tax in Southwest Ranches for the most recent year with available data, 2017, was $7,156, approximately 1% of the median home sale price for September 2019.
The following table compares Southwest Ranches to other Broward County cities with similar median sales prices in September 2019:
City | Sept. 2019 Home Sales | Sept. 2018 Home Sales | % change (Total Home Sales) | Sept. 2019 Median Sales Price | Sept. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Southwest Ranches | 7 | 6 | 16.7% | $740,000 | $702,500 | 5.3% |
Sea Ranch Lakes | 5 | 1 | 400% | $725,000 | $285,000 | 154.4% |
Parkland | 34 | 38 | -10.5% | $561,200 | $557,500 | 0.7% |
Lauderdale-by-the-Sea | 24 | 34 | -29.4% | $489,057.50 | $425,000 | 15.1% |
Cooper City | 43 | 46 | -6.5% | $420,000 | $330,000 | 27.3% |
Lighthouse Point | 35 | 34 | 2.9% | $410,000 | $624,500 | -34.3% |
Weston | 98 | 99 | -1% | $387,000 | $400,000 | -3.3% |
Wilton Manors | 40 | 38 | 5.3% | $340,000 | $337,500 | 0.7% |
Hillsboro Beach | 7 | 4 | 75% | $326,000 | $290,000 | 12.4% |
Coral Springs | 203 | 194 | 4.6% | $325,000 | $345,250 | -5.9% |
Fort Lauderdale | 355 | 358 | -0.8% | $324,200 | $280,000 | 15.8% |