Is Dania Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dania Beach is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Dania Beach was a Seller's Market.

Key Takeaway

Dania Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dania Beach, FL

How much do homes in Dania Beach, FL cost?

Median Sold Price

$390,000

$302/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$15,000(+4.0%)

Key Takeaway

Homes in Dania Beach have sold for 4% more than they did a year ago.

Summary: The median home sold price in Dania Beach was $390,000 in March 2024, up 4% from last year, and the median price per square foot was $302.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $153K$169K
+10.5%
2 $276.5K$296K
+7.1%
3 $475K$551.2K
+16.1%
4 $555K$546K
-1.6%
5+ $975.8K$1.0M
+2.5%

Summary: Dania Beach housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 2.5%.

Median Sold Price Compared To Nearby Cities

Dania
+14.5%
Fort Lauderdale
+8.0%
Hollywood
+6.8%
Davie
+6.6%
Dania Beach
+4.0%

Housing Supply in Dania Beach, FL

How many homes are available in Dania Beach, FL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
152155+2.0%

Summary: The Dania Beach real estate market had 155 homes for sale in March 2024, a 2.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1818
0.0%
2 6165
+6.6%
3 4847
-2.1%
4 1417
+21.4%
5+ 118
-27.3%

Summary: The Dania Beach housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes decreased by 27.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
2312-47.8%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dania Beach, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Dania Beach in March 2024, down by 47.8% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.

Days on Market for Dania Beach, FL

How long does it take to sell a home in Dania Beach, FL?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days50 Days+20.1%

Summary: Homes in Dania Beach had an average of 50 days on market in Mar 2024, up by 20.1% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dania Beach are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 12 homes were sold in Dania Beach; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 18 Days Ago

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