$3,978 Closing Credit*
$335,000
1,130 SqFt
2 Beds
•2 Full Baths
Yehoshua Mor, Listing Office: JMor Properties, LLC
Is Hallandale Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Hallandale Beach was a Seller's Market.
Key Takeaway
Hallandale Beach is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Hallandale Beach, FL
How much do homes in Hallandale Beach, FL cost?
Median Sold Price
$304,500
$285/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$25,499(-7.7%)
Key Takeaway
Homes in Hallandale Beach have sold for 7.7% less than they did a year ago.
Summary: The median home sold price in Hallandale Beach was $304,500 in November 2024, down 7.7% from last year, and the median price per square foot was $285.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $225K | -4.3% |
| 2 Bedrooms | $375K | $335.5K | -10.5% |
| 3 Bedrooms | $645K | $655K | +1.6% |
| 4 Bedrooms | $665K | $727.5K | +9.4% |
| 5+ Bedrooms | $5.9M | $3.7M | -36.6% |
Summary: Hallandale Beach housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes decreased by 10.5%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes decreased by 36.6%.
Median Sold Price Compared To Nearby Cities
| Hollywood | $460.7K | $483.1K | +4.9% |
| Aventura | $490K | $500K | +2.0% |
| Hallandale Beach | $329.9K | $304.5K | -7.7% |
| Hallandale | $329K | $303.6K | -7.7% |
Housing Supply in Hallandale Beach, FL
How many homes are available in Hallandale Beach, FL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 803 | 909 | +13.2% |
Summary: The Hallandale Beach real estate market had 909 homes for sale in November 2024, a 13.2% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 270 | 317 | +17.4% |
| 2 Bedrooms | 385 | 431 | +11.9% |
| 3 Bedrooms | 121 | 129 | +6.6% |
| 4 Bedrooms | 9 | 12 | +33.3% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The Hallandale Beach housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 17.4%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 34 | -40.4% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Hallandale Beach, you may be able to get a good deal. 88.2% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in Hallandale Beach in November 2024, down by 40.4% month-over-month. Of the 34 sold homes, 88% were sold under asking, 9% were sold at asking, and 3% were sold over asking.
Days on Market for Hallandale Beach, FL
How long does it take to sell a home in Hallandale Beach, FL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 59 Days | 68 Days | +15.3% |
Summary: Homes in Hallandale Beach had an average of 68 days on market in Nov 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hallandale Beach has remained consistent over time.
Summary: During November 2024, 34 homes were sold in Hallandale Beach; 32% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
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