Lighthouse Point Market Update- August 2018
The median sale price of Single Family homes in Lighthouse Point has fluctuated over the past five years. The highest median sale price was $705,000 in 2017,
while the lowest was $575,125 in 2016. The median days to sell in Lighthouse Point has also varied over the five years with all the days being over 56 on market.
The median sale price for Townhomes, Condos and Villas in Lighthouse Point has shifted over the past five years. The highest median sale price was $123,000
year to date, while the lowest median sale price was $72,000 in 2013. The highest median days on market was 78 days in 2016.
About Lighthouse Point
Source: https://city.lighthousepoint.com/history/
In an area of mangrove swamps and fertile farmland, Miss Juliette Becker built the first home in 1947 on the SE corner of Sample Road and NE 21st Avenue. Four years later, in 1951, the first acreage was acquired for development by R. E. Batemen. In 1951 the first home in a new subdivision called Hillsboro Isles was completed. On December 23, 1953, the first baby, Cynthia Ann Wright, was born to “Lighthouse Point” parents.
From these beginnings the future City of Lighthouse Point began to emerge. A civic association was formed in October 1953. By early 1954 residents of the new community met to decide whether to remain status quo, to be annexed by the City of Pompano Beach, or to incorporate as a separate entity. Our farsighted first settlers chose to incorporate. On June 13, 1956, the Town of Lighthouse Point came into being when 107 of about 600 people living here voted to incorporate. City Hall operated from a store front at 1811 NE 24th Street.
No decade of city history has been without its controversies; probably none ever will be. As we enter this new millennium, however, we have the benefit of knowing the direction the residents of Lighthouse Point wish to have their City take in the years ahead. A strategic planning session was held on October 3,1998. Armed with information gleaned from those who attended this all-day vision session, elected officials will be better prepared to move into the 21st century — better equipped to preserve what is best about the past and to make the decisions that will insure a prosperous and proud future.
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