Is Cooper City, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cooper City is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Cooper City was a Seller's Market.

Key Takeaway

Cooper City 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 Cooper City, FL

How much do homes in Cooper City, FL cost?

Median Sold Price

$678,000

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$49,000(+7.8%)

Key Takeaway

Homes in Cooper City have sold for 7.8% more than they did a year ago.

Summary: The median home sold price in Cooper City was $678,000 in October 2024, up 7.8% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $225K$203.5K
-9.6%
2 $382.5K$428K
+11.9%
3 $579K$616.2K
+6.4%
4 $797K$785K
-1.5%
5+ $1.3M$1.0M
-25.5%

Summary: Cooper City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 6.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 25.5%.

Median Sold Price Compared To Nearby Cities

Miramar-Pembroke Pines
+11.5%
Pembroke Pines
+10.7%
Davie
+9.8%
Cooper City
+7.8%

Housing Supply in Cooper City, FL

How many homes are available in Cooper City, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103112+8.7%

Summary: The Cooper City real estate market had 112 homes for sale in October 2024, a 8.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 75
-28.6%
3 4653
+15.2%
4 3032
+6.7%
5+ 2020
0.0%

Summary: The Cooper City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1517+13.3%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cooper City, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Cooper City in October 2024, up by 13.3% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.

Days on Market for Cooper City, FL

How long does it take to sell a home in Cooper City, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
37 Days32 Days-13.5%

Summary: Homes in Cooper City had an average of 32 days on market in Oct 2024, down by 13.5% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cooper City are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 17 homes were sold in Cooper City; 65% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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