Is Dania Beach, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dania Beach was a Seller's Market.
Housing Prices in Dania Beach, FL
How much do homes in Dania Beach, FL cost?
Median Sold Price
$394,166
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dania Beach was $394,166 in May 2024, up 5.1% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $160K | $172.4K | +7.8% |
2 Bedrooms | $290K | $296.5K | +2.2% |
3 Bedrooms | $482.5K | $547.5K | +13.5% |
4 Bedrooms | $500K | $569.9K | +14.0% |
5+ Bedrooms | $945K | $1.2M | +34.9% |
Summary: Dania Beach housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.8%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 34.9%.
Median Sold Price Compared To Nearby Cities
Dania | $297K | $346K | +16.5% |
Davie | $470.6K | $510.3K | +8.4% |
Fort Lauderdale | $440K | $475.1K | +8.0% |
Dania Beach | $375K | $394.1K | +5.1% |
Hollywood | $450.1K | $471.4K | +4.7% |
Housing Supply in Dania Beach, FL
How many homes are available in Dania Beach, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
153 | 156 | +2.0% |
Summary: The Dania Beach real estate market had 156 homes for sale in May 2024, a 2.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 13 | 10 | -23.1% |
2 Bedrooms | 71 | 70 | -1.4% |
3 Bedrooms | 46 | 50 | +8.7% |
4 Bedrooms | 16 | 18 | +12.5% |
5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Dania Beach housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 23.1%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 18 | -37.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Dania Beach in May 2024, down by 37.9% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for Dania Beach, FL
How long does it take to sell a home in Dania Beach, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 51 Days | -15.7% |
Summary: Homes in Dania Beach had an average of 51 days on market in May 2024, down by 15.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Dania Beach; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.