Is Douglas Park, 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, Douglas Park was a Seller's Market.
Housing Prices in Douglas Park, FL
How much do homes in Douglas Park, FL cost?
Median Sold Price
$672,500
$524/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Douglas Park was $672,500 in April 2024, up 22% from last year, and the median price per square foot was $524.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $355K | +4.4% |
2 Bedrooms | $490K | $540K | +10.2% |
3 Bedrooms | $842.5K | $910K | +8.0% |
4 Bedrooms | $1.2M | $1.2M | -3.7% |
5+ Bedrooms | - | $730K | N/A |
Summary: Douglas Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 10.2%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
The Pines | $392K | $493K | +25.8% |
Douglas Park | $551.3K | $672.5K | +22.0% |
Coconut Grove | $1.4M | $1.5M | +7.5% |
Shenandoah | $653.3K | $690K | +5.6% |
Silverbluff Estates | $700K | $735K | +5.0% |
Housing Supply in Douglas Park, FL
How many homes are available in Douglas Park, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
147 | 147 | 0.0% |
Summary: The Douglas Park real estate market had 147 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 34 | 25 | -26.5% |
2 Bedrooms | 41 | 43 | +4.9% |
3 Bedrooms | 33 | 38 | +15.2% |
4 Bedrooms | 31 | 31 | 0.0% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Douglas Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 26.5%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 15.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 23 | -14.8% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Douglas Park in April 2024, down by 14.8% month-over-month. Of the 23 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Douglas Park, FL
How long does it take to sell a home in Douglas Park, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 41 Days | -2.6% |
Summary: Homes in Douglas Park had an average of 41 days on market in Apr 2024, down by 2.6% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 23 homes were sold in Douglas Park; 65% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.