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South Broward News

Tuesday, November 5, 2024

Rising home prices in Davie in Q2

Re 12

The median sale price of a home sold in the second quarter of 2022 in Davie rose by $86,000 while total sales decreased by 11.7 percent, according to BlockShopper.com.

From April through June, there were 489 homes sold, with a median sale price of $400,000 - a 27.4 percent increase over the $314,000 median sale price for the same period of the previous year. There were 554 homes sold in Davie in the second quarter of 2021.

The median sales tax in Davie for the most recent year with available data, 2017, was $3,087, approximately 0.8 percent of the median home sale price for the second quarter of 2022.

The following table compares Davie to other Broward County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Fort Lauderdale1,6372,145-23.7$475,000$409,00016.1
Uninc-33317/Broadview Park23-33.3$467,500$335,00039.6
Miramar495531-6.8$435,000$350,00024.3
Hollywood1,1321,299-12.9$420,000$340,00023.5
Plantation498583-14.6$410,000$350,00017.1
Davie489554-11.7$400,000$314,00027.4
Pembroke Pines903964-6.3$346,000$308,75012.1
Oakland Park388396-2$331,500$254,50030.3
West Park766320.6$326,750$295,00010.8
Pompano Beach9511,080-11.9$320,000$255,00025.5
Fort Lauderdale (unincorporated)60591.7$315,000$255,00023.5

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