Is Doral, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Doral is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Doral, FL

How much do homes in Doral, FL cost?

Median Sold Price

$592,916

$359/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,750(+8.4%)

Key Takeaway

Homes in Doral have sold for 8.4% more than they did a year ago.

Summary: The median home sold price in Doral was $592,916 in October 2024, up 8.4% from last year, and the median price per square foot was $359.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $265K$282.7K
+6.7%
2 $400K$410K
+2.5%
3 $548.6K$600.1K
+9.4%
4 $750.9K$777.5K
+3.5%
5+ $1.1M$1.2M
+8.0%

Summary: Doral housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

North Westside
+9.4%
Doral
+8.4%

Housing Supply in Doral, FL

How many homes are available in Doral, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
521555+6.5%

Summary: The Doral real estate market had 555 homes for sale in October 2024, a 6.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 8695
+10.5%
2 119124
+4.2%
3 181199
+9.9%
4 9997
-2.0%
5+ 3640
+11.1%

Summary: The Doral housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 9.9%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6962-10.1%

Asking Price vs. Sold Price

45 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Doral, you may be able to get a good deal. 72.6% of homes here sold below asking price last month.

Summary: A total of 62 homes were sold or pending in Doral in October 2024, down by 10.1% month-over-month. Of the 62 sold homes, 73% were sold under asking, 18% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
45 Days56 Days+23.0%

Summary: Homes in Doral had an average of 56 days on market in Oct 2024, up by 23% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 62 homes were sold in Doral; 47% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 19% 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

Newest Listings in Doral, FL

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