Is Hallandale, 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, Hallandale was a Seller's Market.
Housing Prices in Hallandale, FL
How much do homes in Hallandale, FL cost?
Median Sold Price
$315,000
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Hallandale was $315,000 in June 2024, down 3.3% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $234.6K | $237.4K | +1.2% |
2 Bedrooms | $367.1K | $360K | -1.9% |
3 Bedrooms | $636K | $649K | +2.0% |
4 Bedrooms | $535K | $657.5K | +22.9% |
5+ Bedrooms | $3.9M | $4.8M | +24.7% |
Summary: Hallandale housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.2%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 22.9%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
Aventura | $499.8K | $488.1K | -2.3% |
Hallandale | $325.6K | $315K | -3.3% |
Hallandale Beach | $325.9K | $315K | -3.4% |
Housing Supply in Hallandale, FL
How many homes are available in Hallandale, FL?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
758 | 813 | +7.3% |
Summary: The Hallandale real estate market had 813 homes for sale in June 2024, a 7.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 260 | 284 | +9.2% |
2 Bedrooms | 359 | 382 | +6.4% |
3 Bedrooms | 111 | 117 | +5.4% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Hallandale housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
64 | 44 | -31.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 44 homes were sold or pending in Hallandale in June 2024, down by 31.3% month-over-month. Of the 44 sold homes, 89% were sold under asking, 7% were sold at asking, and 5% were sold over asking.
Days on Market for Hallandale, FL
How long does it take to sell a home in Hallandale, FL?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
87 Days | 82 Days | -6.2% |
Summary: Homes in Hallandale had an average of 82 days on market in Jun 2024, down by 6.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During June 2024, 44 homes were sold in Hallandale; 36% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.