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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Golden Beach is a buyer's market

Buyer's
Market

Difference Since February 2023

Since last year, Golden Beach has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Golden Beach, FL

How much do homes in Golden Beach, FL cost?

Median Sold Price

$5,845,000

$1,462/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$615,000(+11.8%)

Key Takeaway

Homes in Golden Beach have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Golden Beach was $5,845,000 in February 2024, up 11.8% from last year, and the median price per square foot was $1,462.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $11.5M$5.5M
-52.5%
4 $2.5M$6.7M
+160.2%
5+ $10.6M$7.0M
-34.1%

Summary: Golden Beach housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 52.5%, 4 bedroom homes increased by 160.2%, and 5+ bedroom homes decreased by 34.1%.

Median Sold Price Compared To Nearby Cities

Golden Beach
+11.8%
Aventura
+2.3%
Hallandale
0.3%
Hallandale Beach
0.1%

Housing Supply in Golden Beach, FL

How many homes are available in Golden Beach, FL?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2628+7.7%

Summary: The Golden Beach real estate market had 28 homes for sale in February 2024, a 7.7% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 54
-20.0%
5+ 2023
+15.0%

Summary: The Golden Beach housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Golden Beach, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Golden Beach in February 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Golden Beach, FL

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

Average Sale Time

Feb 2023Feb 2024CHANGE
104 Days463 Days+345.2%

Summary: Homes in Golden Beach had an average of 463 days on market in Feb 2024, up by 345.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Golden Beach are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 2 homes were sold in Golden Beach; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 27 Days Ago

Newest Listings in Golden Beach, FL

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