Is Davie, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Davie is a seller's market

Buyer's
Market

Difference Since July 2021

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

Key Takeaway

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

How much do homes in Davie, FL cost?

Median Sold Price

$428,474

$256/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$72,724(+20.4%)

Key Takeaway

Homes in Davie have sold for 20.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $136K$162K
+19.1%
2 $189.2K$224K
+18.4%
3 $350.7K$435K
+24.0%
4 $584.2K$765K
+30.9%
5+ $1.0M$1.4M
+37.1%

Median Sold Price Compared To Nearby Cities

Plantation
+21.3%
Davie
+20.4%
Cooper City
+19.6%
Miramar-Pembroke Pines
+17.8%
Pembroke Pines
+17.3%

How many homes are available in Davie, FL?

Number of Homes For Sale

Jun 2022Jul 2022%
250236-5.6%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 1514
-6.7%
2 6961
-11.6%
3 7576
+1.3%
4 5351
-3.8%
5+ 3834
-10.5%

Number of Homes Sold

Jun 2022Jul 2022%
7550-33.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davie, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
24 Days25 Days+3.5%

Breakdown of Home Sale Times

37 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Davie, FL

Davie, FL has 236 homes on the market. The number of listings in Davie, FL decreased by 5.6% between June 2022 and July 2022. The median list price of listings available in July 2022 was $428,474, while the average time on the real estate market was 25 days. Real estate listing prices changed between June 2022 and July 2022: 1 bedroom properties became 19.1% more expensive, prices of 2 bedrooms properties went up by 18.4%, 3 bedrooms properties prices increased by 24%, prices of 4 bedrooms properties went up by 30.9%, the cost of 5 bedrooms properties went up by 37.1%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 6.7%, the quantity of 2 bedrooms homes went down by 11.6%, volume of 3 bedrooms homes went up by 1.3%, volume of 4 bedrooms homes went down by 3.8%, volume of 5 bedrooms homes went down by 10.5%. In July 2022, from all listings sold in Davie, FL there were more than 30 sold above asking price, over 16 sold below and more than 4 were sold right at the asked price.

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