Is Cooper City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$650,444
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cooper City have sold for 8.9% more than they did a year ago.
Summary: The median home sold price in Cooper City was $650,444 in April 2024, up 8.9% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $214.2K | +42.8% |
| 2 Bedrooms | $380K | $419K | +10.3% |
| 3 Bedrooms | $570K | $595K | +4.4% |
| 4 Bedrooms | $750K | $800K | +6.7% |
| 5+ Bedrooms | $1.0M | $1.3M | +20.1% |
Summary: Cooper City housing prices by bedroom type for April 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 6.7%, and 5+ bedroom homes increased by 20.1%.
Median Sold Price Compared To Nearby Cities
| Cooper City | $597.3K | $650.4K | +8.9% |
| Davie | $469.3K | $503.3K | +7.2% |
| Miramar-Pembroke Pines | $455.9K | $483.5K | +6.1% |
| Pembroke Pines | $449.5K | $469.3K | +4.4% |
| Southwest Ranches | $1.3M | $1.3M | -6.0% |
Housing Supply in Cooper City, FL
How many homes are available in Cooper City, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 87 | 101 | +16.1% |
Summary: The Cooper City real estate market had 101 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 35 | 40 | +14.3% |
| 4 Bedrooms | 35 | 44 | +25.7% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Cooper City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 25.7%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 28 | +64.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cooper City, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Cooper City in April 2024, up by 64.7% month-over-month. Of the 28 sold homes, 75% were sold under asking, 7% were sold at asking, and 18% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 66 Days | +174.7% |
Summary: Homes in Cooper City had an average of 66 days on market in Apr 2024, up by 174.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cooper City are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in Cooper City; 61% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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