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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hallandale Beach is a seller's market

Buyer's
Market

Difference Since June 2021

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

Key Takeaway

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

How much do homes in Hallandale Beach, FL cost?

Median Sold Price

$290,239

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$55,239(+23.5%)

Key Takeaway

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

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $160K$190K
+18.8%
2 $249.2K$328.8K
+31.9%
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 Beach
+23.5%
Hallandale
+23.5%
Aventura
+23.1%
Golden Beach
+2.4%

How many homes are available in Hallandale Beach, 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 Beach, 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 Beach 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 Beach, FL

Hallandale Beach, FL has 471 homes for sale to choose from. Between May 2022 and June 2022, Hallandale Beach, FL real estate market has seen decrease in the number of listings by 1.5%. In June 2022 median list price was $290,239 and the average listing age was 66 days. This housing market listing prices have changed between May 2022 and June 2022: 1 bedroom properties became 18.8% more expensive, the cost of 2 bedrooms properties went up by 31.9%, the cost of 3 bedrooms properties went up by 29.5%, prices of 4 bedrooms properties decreased by 10.5%, 5 bedrooms properties became 43% more expensive. This housing market inventory have changed: 1 bedroom homes inventory decreased by 4.5%, 2 bedrooms homes became 2% more available, volume of 3 bedrooms homes went down by 7.1%, number of 4 bedrooms homes remained the same, number of 5 bedrooms homes increased by 42.9%. While more than 24 listings in Hallandale Beach, FL in June 2022 were sold above asking price, there were more than 15 listings sold at asking price, and more than 45 were sold below.

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