Is Hallandale, 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, Hallandale was a Seller's Market.
Housing Prices in Hallandale, FL
How much do homes in Hallandale, FL cost?
Median Sold Price
$321,523
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Hallandale was $321,523 in April 2024, up 0.5% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $239K | +6.2% |
2 Bedrooms | $370K | $369.8K | 0% |
3 Bedrooms | $649.5K | $621K | -4.4% |
4 Bedrooms | $517.5K | $665K | +28.5% |
5+ Bedrooms | $3.7M | $5.9M | +60.8% |
Summary: Hallandale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.2%, 2 bedroom homes did not change, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 28.5%, and 5+ bedroom homes increased by 60.8%.
Median Sold Price Compared To Nearby Cities
Hallandale | $320K | $321.5K | 0.5% |
Hallandale Beach | $320K | $321.2K | 0.4% |
Aventura | $498.1K | $500K | 0.4% |
Housing Supply in Hallandale, FL
How many homes are available in Hallandale, FL?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
722 | 838 | +16.1% |
Summary: The Hallandale real estate market had 838 homes for sale in April 2024, a 16.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 278 | 310 | +11.5% |
2 Bedrooms | 338 | 401 | +18.6% |
3 Bedrooms | 89 | 104 | +16.9% |
4 Bedrooms | 8 | 11 | +37.5% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Hallandale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.5%, 2 bedroom homes increased by 18.6%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
56 | 63 | +12.5% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Hallandale in April 2024, up by 12.5% month-over-month. Of the 63 sold homes, 90% were sold under asking, 5% were sold at asking, and 5% were sold over asking.
Days on Market for Hallandale, FL
How long does it take to sell a home in Hallandale, FL?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 78 Days | +14.7% |
Summary: Homes in Hallandale had an average of 78 days on market in Apr 2024, up by 14.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During April 2024, 63 homes were sold in Hallandale; 30% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.