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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Doral Isles is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Doral Isles, FL

How much do homes in Doral Isles, FL cost?

Median Sold Price

$737,500

$356/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$82,500(-10.1%)

Key Takeaway

Homes in Doral Isles have sold for 10.1% less than they did a year ago.

Summary: The median home sold price in Doral Isles was $737,500 in October 2024, down 10.1% from last year, and the median price per square foot was $356.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $460K$477.5K
+3.8%
3 $680K$630K
-7.4%
4 $932.9K$1.0M
+16.1%
5+ $1.1M$1.3M
+14.0%

Summary: Doral Isles housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 14%.

Housing Supply in Doral Isles, FL

How many homes are available in Doral Isles, FL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3336+9.1%

Summary: The Doral Isles real estate market had 36 homes for sale in October 2024, a 9.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 1113
+18.2%
4 810
+25.0%
5+ 87
-12.5%

Summary: The Doral Isles housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Doral Isles, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Doral Isles in October 2024, the same as the previous month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Doral Isles, FL

How long does it take to sell a home in Doral Isles, FL?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days88 Days+322.6%

Summary: Homes in Doral Isles had an average of 88 days on market in Oct 2024, up by 322.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Doral Isles has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Doral Isles; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 22 Days Ago

Newest Listings in Doral Isles, FL

Nearby Markets to Doral Isles, FL