Is Doral Park, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Doral Park has remained a Seller's Market.
Housing Prices in Doral Park, FL
How much do homes in Doral Park, FL cost?
Median Sold Price
$577,000
$343/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Doral Park was $577,000 in May 2024, up 25.4% from last year, and the median price per square foot was $343.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $290K | $322K | +11.0% |
2 Bedrooms | $350K | $387.5K | +10.7% |
3 Bedrooms | $557.5K | $594.5K | +6.6% |
4 Bedrooms | $787.5K | $775K | -1.6% |
5+ Bedrooms | - | $989.9K | N/A |
Summary: Doral Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes did not change.
Housing Supply in Doral Park, FL
How many homes are available in Doral Park, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
36 | 39 | +8.3% |
Summary: The Doral Park real estate market had 39 homes for sale in May 2024, a 8.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 18 | 21 | +16.7% |
3 Bedrooms | 11 | 12 | +9.1% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Doral Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 8 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Doral Park in May 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Doral Park, FL
How long does it take to sell a home in Doral Park, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
60 Days | 45 Days | -25.4% |
Summary: Homes in Doral Park had an average of 45 days on market in May 2024, down by 25.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Doral Park; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.