Is Cooper City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooper City is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Cooper City has remained a Seller's Market.

Key Takeaway

Cooper City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cooper City, FL

How much do homes in Cooper City, FL cost?

Median Sold Price

$675,000

$358/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$67,000(+11.0%)

Key Takeaway

Homes in Cooper City have sold for 11% more than they did a year ago.

Summary: The median home sold price in Cooper City was $675,000 in May 2024, up 11% from last year, and the median price per square foot was $358.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $150K$214.2K
+42.8%
2 $380K$419K
+10.3%
3 $570K$595K
+4.4%
4 $770K$799.5K
+3.8%
5+ $1.2M$1.3M
+9.0%

Summary: Cooper City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 9%.

Median Sold Price Compared To Nearby Cities

Cooper City
+11.0%
Davie
+8.4%
Miramar-Pembroke Pines
+7.8%
Pembroke Pines
+5.1%
Southwest Ranches
+3.7%

Housing Supply in Cooper City, FL

How many homes are available in Cooper City, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
9592-3.2%

Summary: The Cooper City real estate market had 92 homes for sale in May 2024, a 3.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3836
-5.3%
4 4139
-4.9%
5+ 1213
+8.3%

Summary: The Cooper City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Apr 2024May 2024CHANGE
2921-27.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooper City, you may be able to get a good deal. 90.5% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Cooper City in May 2024, down by 27.6% month-over-month. Of the 21 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.

Days on Market for Cooper City, FL

How long does it take to sell a home in Cooper City, FL?

Average Sale Time

May 2023May 2024CHANGE
30 Days41 Days+36.6%

Summary: Homes in Cooper City had an average of 41 days on market in May 2024, up by 36.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cooper City has remained consistent over time.

Summary: During May 2024, 21 homes were sold in Cooper City; 43% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Cooper City, FL

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