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 November 2023

Since last year, Doral Isles has remained a Buyer'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

$779,000

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$43,500(-5.3%)

Key Takeaway

Homes in Doral Isles have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Doral Isles was $779,000 in November 2024, down 5.3% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $461.2K$477.5K
+3.5%
3 $685K$650K
-5.1%
4 $970K$980K
+1.0%
5+ $1.2M$1.2M
+2.5%

Summary: Doral Isles housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.5%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 2.5%.

Housing Supply in Doral Isles, FL

How many homes are available in Doral Isles, FL?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3637+2.8%

Summary: The Doral Isles real estate market had 37 homes for sale in November 2024, a 2.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 1213
+8.3%
4 1111
0.0%
5+ 88
0.0%

Summary: The Doral Isles housing inventory by bedroom type for November 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 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
550.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Doral Isles in November 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
117 Days80 Days-31.1%

Summary: Homes in Doral Isles had an average of 80 days on market in Nov 2024, down by 31.1% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Doral Isles are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Doral Isles; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% 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 26 Days Ago

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