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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Doral Park is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, Doral Park has remained a Seller's Market.

Key Takeaway

Doral Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Doral Park, FL

How much do homes in Doral Park, FL cost?

Median Sold Price

$580,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$47,500(+8.9%)

Key Takeaway

Homes in Doral Park have sold for 8.9% more than they did a year ago.

Summary: The median home sold price in Doral Park was $580,000 in December 2024, up 8.9% from last year, and the median price per square foot was $350.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $308.2K$324.5K
+5.3%
2 $377K$373.7K
-0.9%
3 $567.5K$650K
+14.5%
4 $755K$873.5K
+15.7%
5+ $989.9K-
N/A

Summary: Doral Park housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.

Housing Supply in Doral Park, FL

How many homes are available in Doral Park, FL?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
3734-8.1%

Summary: The Doral Park real estate market had 34 homes for sale in December 2024, a 8.1% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 22
0.0%
2 1514
-6.7%
3 1715
-11.8%
4 32
-33.3%
5+ 01
+100.0%

Summary: The Doral Park housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 11.8%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
67+16.7%

Asking Price vs. Sold Price

6 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 Park, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Doral Park in December 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Doral Park, FL

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

Average Sale Time

Dec 2023Dec 2024CHANGE
34 Days87 Days+156.3%

Summary: Homes in Doral Park had an average of 87 days on market in Dec 2024, up by 156.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 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 Park are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During December 2024, 7 homes were sold in Doral Park; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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 2 Days Ago

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