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

Housing Market Conditions



Gauge showing Davie is a seller's market


Difference Since August 2022

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.

Housing Prices

How much do homes in Davie, FL cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since August 2022


Key Takeaway

Homes in Davie have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Davie was $475,000 in August 2023, up 9.7% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSAug 2022Aug 2023CHANGE
1 $162K$195K
2 $226.8K$280.5K
3 $440K$481K
4 $767.5K$775K
5+ $1.5M$1.5M

Summary: Davie housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes increased by 20.4%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 1%, and 5+ bedroom homes decreased by 0.8%.

Median Sold Price Compared To Nearby Cities

Cooper City
Miramar-Pembroke Pines

Housing Supply

How many homes are available in Davie, FL?

Number of Homes For Sale

Jul 2023Aug 2023CHANGE

Summary: The Davie real estate market had 254 homes for sale in August 2023, a 1.6% decrease compared to July 2023.

Homes For Sale By Bedroom Count

# BEDSJul 2023Aug 2023CHANGE
1 119
2 7269
3 8674
4 4153
5+ 4849

Summary: The Davie housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes increased by 2.1%.

Number of Homes Sold

Jul 2023Aug 2023CHANGE

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

14 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Davie, you may be able to get a good deal. 58.2% of homes here sold below asking price last month.

Summary: A total of 55 homes were sold or pending in Davie in August 2023, down by 25.7% month-over-month. Of the 55 sold homes, 58% were sold under asking, 16% were sold at asking, and 25% were sold over asking.

Days on Market

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

Average Sale Time

Aug 2022Aug 2023CHANGE
25 Days33 Days+32.4%

Summary: Homes in Davie had an average of 33 days on market in Aug 2023, up by 32.4% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

8 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.

Summary: During August 2023, 55 homes were sold in Davie; 64% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 15% 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 29 Days Ago

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Nearby Markets

What housing markets are near Davie, FL?