Is Doral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Doral was a Seller's Market.
Key Takeaway
Doral is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Doral, FL
How much do homes in Doral, FL cost?
Median Sold Price
$579,892
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Doral have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in Doral was $579,892 in June 2024, up 9.4% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $267.5K | $275.5K | +3.0% |
| 2 Bedrooms | $381K | $418K | +9.7% |
| 3 Bedrooms | $537.5K | $591.5K | +10.0% |
| 4 Bedrooms | $721.7K | $755K | +4.6% |
| 5+ Bedrooms | $1.1M | $1.2M | +4.3% |
Summary: Doral housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| North Westside | $432.4K | $475.9K | +10.0% |
| Doral | $529.8K | $579.8K | +9.4% |
Housing Supply in Doral, FL
How many homes are available in Doral, FL?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 504 | 520 | +3.2% |
Summary: The Doral real estate market had 520 homes for sale in June 2024, a 3.2% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 70 | 84 | +20.0% |
| 2 Bedrooms | 129 | 125 | -3.1% |
| 3 Bedrooms | 183 | 173 | -5.5% |
| 4 Bedrooms | 87 | 94 | +8.0% |
| 5+ Bedrooms | 35 | 44 | +25.7% |
Summary: The Doral housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 25.7%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 85 | 60 | -29.4% |
Asking Price vs. Sold Price
47 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Doral, you may be able to get a good deal. 78.3% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in Doral in June 2024, down by 29.4% month-over-month. Of the 60 sold homes, 78% were sold under asking, 15% were sold at asking, and 7% were sold over asking.
Days on Market for Doral, FL
How long does it take to sell a home in Doral, FL?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 67 Days | 63 Days | -5.5% |
Summary: Homes in Doral had an average of 63 days on market in Jun 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Doral are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 60 homes were sold in Doral; 43% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
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