$4,393 Closing Credit*
$369,900
1,285 SqFt
3 Beds
•3 Full Baths
Catalina Pena, Listing Office: Avanti Way Premiere
Is Davie, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Davie was a Seller's Market.
Key Takeaway
Davie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Davie, FL
How much do homes in Davie, FL cost?
Median Sold Price
$535,000
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,555(+9.8%)
Key Takeaway
Homes in Davie have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in Davie was $535,000 in October 2024, up 9.8% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | $190K | -5.9% |
| 2 Bedrooms | $289K | $283.5K | -1.9% |
| 3 Bedrooms | $484K | $525K | +8.5% |
| 4 Bedrooms | $805K | $819.7K | +1.8% |
| 5+ Bedrooms | $1.5M | $1.6M | +1.6% |
Summary: Davie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.9%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 1.6%.
Median Sold Price Compared To Nearby Cities
| Sunrise | $350.3K | $399.9K | +14.2% |
| Miramar-Pembroke Pines | $460.3K | $513.2K | +11.5% |
| Plantation | $440K | $486.8K | +10.6% |
| Davie | $487.4K | $535K | +9.8% |
| Cooper City | $629K | $678K | +7.8% |
Housing Supply in Davie, FL
How many homes are available in Davie, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 347 | 373 | +7.5% |
Summary: The Davie real estate market had 373 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 19 | -5.0% |
| 2 Bedrooms | 107 | 117 | +9.3% |
| 3 Bedrooms | 107 | 115 | +7.5% |
| 4 Bedrooms | 58 | 66 | +13.8% |
| 5+ Bedrooms | 55 | 56 | +1.8% |
Summary: The Davie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 5%, 2 bedroom homes increased by 9.3%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes increased by 1.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 43 | 47 | +9.3% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Davie, you may be able to get a good deal. 78.7% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Davie in October 2024, up by 9.3% month-over-month. Of the 47 sold homes, 79% were sold under asking, 17% were sold at asking, and 4% were sold over asking.
Days on Market for Davie, FL
How long does it take to sell a home in Davie, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 66 Days | +44.0% |
Summary: Homes in Davie had an average of 66 days on market in Oct 2024, up by 44% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Davie are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 47 homes were sold in Davie; 43% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.
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