Is Doral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Doral was a Seller's Market.
Housing Prices in Doral, FL
How much do homes in Doral, FL cost?
Median Sold Price
$585,250
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Doral was $585,250 in May 2024, up 11.1% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $261K | $272.5K | +4.4% |
2 Bedrooms | $385K | $420K | +9.1% |
3 Bedrooms | $540K | $585K | +8.3% |
4 Bedrooms | $715K | $757.5K | +5.9% |
5+ Bedrooms | $1.1M | $1.2M | +8.0% |
Summary: Doral housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.4%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
North Westside | $431.5K | $485.4K | +12.5% |
Doral | $526.8K | $585.2K | +11.1% |
Housing Supply in Doral, FL
How many homes are available in Doral, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
497 | 524 | +5.4% |
Summary: The Doral real estate market had 524 homes for sale in May 2024, a 5.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 70 | 75 | +7.1% |
2 Bedrooms | 124 | 131 | +5.6% |
3 Bedrooms | 170 | 192 | +12.9% |
4 Bedrooms | 88 | 85 | -3.4% |
5+ Bedrooms | 45 | 41 | -8.9% |
Summary: The Doral housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.1%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 12.9%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 8.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
79 | 69 | -12.7% |
Asking Price vs. Sold Price
56 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 69 homes were sold or pending in Doral in May 2024, down by 12.7% month-over-month. Of the 69 sold homes, 81% were sold under asking, 12% were sold at asking, and 7% were sold over asking.
Days on Market for Doral, FL
How long does it take to sell a home in Doral, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 50 Days | -15.5% |
Summary: Homes in Doral had an average of 50 days on market in May 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During May 2024, 69 homes were sold in Doral; 46% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.