Momentum Housing Data · Home Values · Broward County
Buying here? See Melrose Park Sect 1 homes for sale and the Melrose Park Sect 1 community guide (Fort Lauderdale).
Melrose Park Sect 1 (Fort Lauderdale, FL): 7 recorded closings in the 12 months ending 2026-09-20, a 12-year price record, and sales split by price band and home size — every number from recorded MLS closings, none from an estimate model.
In the current window, median closings ran near original asking (99.2%); the median sale took 9 days (window ending 2026-09-20).
| Year | Median sold | Median $/sqft | Median DOM | Sold ÷ original ask | Sales |
|---|---|---|---|---|---|
| 2026 | $450,000 | $292 | 9 | 99.2% | 7 |
| 2025 | $495,000 | $318 | 78 | 93.6% | 5 |
| 2024 | $424,950 | $299 | 60 | 97.4% | 12 |
| 2023 | $459,000 | $299 | 26 | 100.0% | 3 |
| 2022 | $415,000 | $242 | 16 | 101.3% | 7 |
| 2021 | $325,000 | $244 | 17 | 100.0% | 5 |
| 2020 | $215,000 | $197 | 15 | 96.8% | 7 |
| 2019 | $220,000 | $162 | 28 | 96.1% | 7 |
| 2018 | $219,500 | $171 | 9 | 100.0% | 6 |
| 2015 | $166,000 | $103 | 3 | 100.0% | 4 |
| 2013 | $150,000 | $67 | 55 | 95.5% | 3 |
| 2012 | $63,000 | $80 | 46 | 97.1% | 3 |
Over the recorded series, Melrose Park Sect 1’s median sold price moved from $63,000 (2012) to $450,000 (12 months ending 2026-09-20) — +614% over that span, with every year’s figure from recorded closings, not a model.
The recorded series starts in 2012 at $63,000. The 2020–22 run-up did what it did everywhere — Melrose Park Sect 1’s median moved +89% from 2019 to 2022. Against the 2025 peak of $495,000, the current median stands at -9%. Annual sales volume here has ranged from 0 to 12 closings a year (10-yr average 6.1). With roughly 6.1 closings a year, Melrose Park Sect 1’s medians move in steps, not curves — a handful of unusual sales can swing a year, which is why the sales count sits next to every figure above.
Of the 22 recorded Melrose Park Sect 1 closings since 2024, half landed between $380,290 and $506,250 (the middle two quartiles); the lowest recorded sale was $315,000 and the highest $570,000. If your home sits outside the middle band, the reason usually shows up in the size table below before it shows up in condition.
| Sold price band | Share of closings | Sales |
|---|---|---|
| Under $350,000 | 2 (9%) | |
| $350,000 – $416,667 | 6 (27%) | |
| $416,667 – $483,333 | 7 (32%) | |
| $483,333 – $550,000 | 3 (14%) | |
| None and up | 4 (18%) |
The same recorded closings, split into thirds by living area. Find the row your home falls in: the $/sqft figure times your square footage is the recorded-sales bracket for homes like yours here — a starting range from real closings, not a valuation of your specific property. Smaller homes here have been selling at a higher price per square foot than larger ones ($328 vs $278) — the usual pattern, since lot, kitchen and baths do not scale with floor area.
| Size group | Median $/sqft | Median sold | Sold range | Sales |
|---|---|---|---|---|
| Smaller homes 1,000–1,316 sq ft | $328 | $378,720 | $315,000 – $471,000 | 7 |
| Mid-size homes 1,328–1,666 sq ft | $303 | $449,900 | $330,000 – $530,000 | 7 |
| Larger homes 1,672–2,807 sq ft | $278 | $532,500 | $358,770 – $570,000 | 8 |
From the live MLS feed as of 2026-10-01: The homes listed or recently sold were built between 1950 and 2018 (median 1952); 3 of the current listings state there is no HOA; 1 of 3 geocoded listed or recently sold homes sit inside a FEMA special flood hazard zone (A/V), which buyers’ lenders will price into insurance; median elevation 8 ft. See the current Melrose Park Sect 1 listings →
At Melrose Park Sect 1’s $450,000 median and Broward County’s adopted 19.84 mills (FY2025-26), a home assessed at that price carries roughly $8,930 a year in property tax before exemptions, or about $8,100 with the full Florida homestead exemption — a buyer’s first-year figure; a long-time owner’s Save Our Homes cap can be far lower, which is one reason resale taxes jump at closing. Municipal and special-district millage varies inside the county; see the Broward County tax page.
Current asking prices run a median $469,000 against the $450,000 recorded sold median (+4%) — the gap between what sellers hope and what the record shows. The market is carrying about 5.1 months of supply at the current sales pace. Demand check: 0% of Melrose Park Sect 1’s listings are under contract, against 22% for ZIP 33312 and 18% for Broward County as a whole — the community is currently absorbing slower than its surroundings, which is negotiating information. Momentum’s market-heat index for Melrose Park Sect 1 reads 46/100 (computed from DOM, sale-to-list, and absorption; 2020–21 peaked in the 70s here).
Asking and recorded sold prices are within a few percent of each other here, so the table above is close to what a Melrose Park Sect 1 buyer will actually pay; the spread on any single home comes down to size, condition and timing.
We don’t publish algorithm guesses for specific homes — they can’t see condition, upgrades, or your lot. A local agent will prepare a records-based valuation from the same closed-sale data on this page, adjusted for your home. Free, no obligation.
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Communities buyers shopping Melrose Park Sect 1 are also weighing (nearest by map distance), each on its own recorded 12-month closings. A median well above the neighbors is a ceiling to price against; well below is where the value argument lives.
| Community | Median sold | Median $/sqft | Median DOM | Sales |
|---|---|---|---|---|
| Melrose Manor | $424,000 | $257 | 70 | 7 |
| BOULEVARD GARDENS | $302,500 | $278 | 22 | 8 |
| MELROSE PARK ESTATES | $434,500 | $334 | 53 | 4 |
| BROWARD PARK | $440,000 | $249 | 56 | 5 |
More Melrose Park Sect 1: full community guide & homes for sale · choosing an agent here · should you sell now (statewide data) · what selling costs · cash offer vs. listing
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. Compiled from recorded MLS closings; deemed reliable but not guaranteed. Figures are medians for the stated windows and change as new sales record; individual homes vary widely. No automated valuation for any specific property appears on this page. Equal Housing Opportunity. © 2026 Move With Momentum LLC — brokerage licensed in FL and GA. Disclosures
Content on this page is compiled from public records, MLS data, and automated data sources, and may contain errors or be out of date. It is provided for general information only and is not a representation about any specific property, community, builder, or association. Verify all information independently before relying on it.