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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hallandale is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in Hallandale, FL cost?

Median Sold Price

$290,222

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$55,222(+23.5%)

Key Takeaway

Homes in Hallandale have sold for 23.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $160K$189.9K
+18.7%
2 $249.5K$328.6K
+31.7%
3 $432.5K$560K
+29.5%
4 $475K$425K
-10.5%
5+ $2.5M$3.5M
+43.0%

Median Sold Price Compared To Nearby Cities

Hallandale
+23.5%
Hallandale Beach
+23.5%
Aventura
+23.1%
Golden Beach
+2.4%

How many homes are available in Hallandale, FL?

Number of Homes For Sale

May 2022Jun 2022%
478471-1.5%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 177169
-4.5%
2 204208
+2.0%
3 8478
-7.1%
4 66
0.0%
5+ 710
+42.9%

Number of Homes Sold

May 2022Jun 2022%
9784-13.4%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hallandale, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.

Average Sale Time

Jun 2021Jun 2022%
95 Days66 Days-30.6%

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hallandale 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 Hallandale, FL

Hallandale, FL has 471 homes on the market. The inventory of homes for sale in Hallandale, FL between May 2022 and June 2022 decreased by 1.5%. In June 2022, listings were on the market for 66 days. During the same period, the median list price in this real estate market was $290,222. Between May 2022 and June 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 18.7% more expensive, 2 bedrooms properties became 31.7% more expensive, prices of 3 bedrooms properties went up by 29.5%, the cost of 4 bedrooms properties went down by 10.5%, the cost of 5 bedrooms properties went up by 43%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 4.5%, volume of 2 bedrooms homes went up by 2%, 3 bedrooms homes inventory decreased by 7.1%, the quantity of 4 bedrooms homes have not changed, number of 5 bedrooms homes increased by 42.9%. Over 24 listings were sold over their listed price in June 2022 in Hallandale, FL. In the same period over 45 listings were sold below the listed price and 15 listings were sold for the listed price.

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