$6,888 Closing Credit*
$580,000
1,507 SqFt
3 Beds
•3 Full Baths
Masiel Espinal Penzo, Listing Office: Florida Realty of Miami Corp
Is Islands at Doral, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Islands at Doral has remained a Seller's Market.
Key Takeaway
Islands at Doral is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Islands at Doral, FL
How much do homes in Islands at Doral, FL cost?
Median Sold Price
$622,500
$327/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$62,500(+11.2%)
Key Takeaway
Homes in Islands at Doral have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Islands at Doral was $622,500 in October 2024, up 11.2% from last year, and the median price per square foot was $327.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $380K | $395K | +3.9% |
| 3 Bedrooms | $500K | $590K | +18.0% |
| 4 Bedrooms | $670K | $677.5K | +1.1% |
| 5+ Bedrooms | $1.0M | $939.5K | -6.5% |
Summary: Islands at Doral 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 3.9%, 3 bedroom homes increased by 18%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 6.5%.
Housing Supply in Islands at Doral, FL
How many homes are available in Islands at Doral, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 61 | 64 | +4.9% |
Summary: The Islands at Doral real estate market had 64 homes for sale in October 2024, a 4.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 24 | 32 | +33.3% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Islands at Doral 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 decreased by 9.1%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Islands at Doral, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Islands at Doral in October 2024, down by 7.7% month-over-month. Of the 12 sold homes, 75% were sold under asking, 17% were sold at asking, and 8% were sold over asking.
Days on Market for Islands at Doral, FL
How long does it take to sell a home in Islands at Doral, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 36 Days | -20.0% |
Summary: Homes in Islands at Doral had an average of 36 days on market in Oct 2024, down by 20% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Islands at Doral are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Islands at Doral; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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