Is Dania Beach, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dania Beach is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Dania Beach was a Seller's Market.

Key Takeaway

Dania Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dania Beach, FL

How much do homes in Dania Beach, FL cost?

Median Sold Price

$410,000

$316/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$35,000(+9.3%)

Key Takeaway

Homes in Dania Beach have sold for 9.3% more than they did a year ago.

Summary: The median home sold price in Dania Beach was $410,000 in November 2024, up 9.3% from last year, and the median price per square foot was $316.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $169K$175K
+3.6%
2 $297.5K$290K
-2.5%
3 $492.5K$550K
+11.7%
4 $547.9K$580K
+5.8%
5+ $931.4K$1.3M
+45.4%

Summary: Dania Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 45.4%.

Median Sold Price Compared To Nearby Cities

Dania
+18.0%
Dania Beach
+9.3%
Davie
+7.3%
Fort Lauderdale
+6.0%
Hollywood
+4.9%

Housing Supply in Dania Beach, FL

How many homes are available in Dania Beach, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
163175+7.4%

Summary: The Dania Beach real estate market had 175 homes for sale in November 2024, a 7.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1419
+35.7%
2 7377
+5.5%
3 5963
+6.8%
4 97
-22.2%
5+ 89
+12.5%

Summary: The Dania Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 35.7%, 2 bedroom homes increased by 5.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1613-18.8%

Asking Price vs. Sold Price

9 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 Dania Beach, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Dania Beach in November 2024, down by 18.8% month-over-month. Of the 13 sold homes, 69% were sold under asking, 23% were sold at asking, and 8% were sold over asking.

Days on Market for Dania Beach, FL

How long does it take to sell a home in Dania Beach, FL?

Average Sale Time

Nov 2023Nov 2024CHANGE
73 Days77 Days+5.1%

Summary: Homes in Dania Beach had an average of 77 days on market in Nov 2024, up by 5.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Dania Beach; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% 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 17 Days Ago

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