Is Islands at Doral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Islands at Doral was a Seller's Market.
Key Takeaway
Islands at Doral is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Islands at Doral, FL
How much do homes in Islands at Doral, FL cost?
Median Sold Price
$610,000
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Islands at Doral have sold for 15.3% more than they did a year ago.
Summary: The median home sold price in Islands at Doral was $610,000 in April 2024, up 15.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $339K | $380K | +12.1% |
| 3 Bedrooms | $500K | $522K | +4.4% |
| 4 Bedrooms | $630K | $681K | +8.1% |
| 5+ Bedrooms | $1.0M | $930K | -11.6% |
Summary: Islands at Doral housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 11.6%.
Housing Supply in Islands at Doral, FL
How many homes are available in Islands at Doral, FL?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 64 | +8.5% |
Summary: The Islands at Doral real estate market had 64 homes for sale in April 2024, a 8.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 30 | 33 | +10.0% |
| 4 Bedrooms | 18 | 17 | -5.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Islands at Doral housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Islands at Doral, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Islands at Doral in April 2024, down by 16.7% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for Islands at Doral, FL
How long does it take to sell a home in Islands at Doral, FL?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 58 Days | -20.8% |
Summary: Homes in Islands at Doral had an average of 58 days on market in Apr 2024, down by 20.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Islands at Doral has remained consistent over time.
Summary: During April 2024, 10 homes were sold in Islands at Doral; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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