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Monday, November 25, 2024

Doral home prices rise in the third quarter of 2019

Realestate3

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The median sale price of a home sold in the third quarter of 2019 in Doral rose by $31,000 while total sales decreased by 12.3%, according to BlockShopper.com.

From July through September of 2019, there were 236 homes sold, with a median sale price of $315,000 - a 10.9% increase over the $284,000 median sale price for the same period of the previous year. There were 269 homes sold in Doral in the third quarter of 2018.

The median sales tax in Doral for the most recent year with available data, 2015, was $3,572, approximately 1.1% of the median home sale price for the third quarter of 2019.

The following table compares Doral to other Miami-Dade County cities with similar median sales prices in the third quarter of 2019:

CityJuly - Sept. 2019 Home SalesJuly - Sept. 2018 Home Sales% change (Total Home Sales)July - Sept. 2019 Median Sales PriceJuly - Sept. 2018 Median Sales Price% change (Median Sales Price)
West Miami211910.5%$360,000$322,30011.7%
Miami Beach614701-12.4%$347,500$320,0008.6%
Country Walk96897.9%$340,000$348,000-2.3%
South Miami (unincorporated) 97925.4%$340,000$253,75034%
Sunny Isles Beach20617021.2%$320,000$321,250-0.4%
Doral236269-12.3%$315,000$284,00010.9%
Palmetto Estates5162-17.7%$315,000$300,5004.8%
Cutler Bay254274-7.3%$295,000$262,50012.4%
Opa-Locka (unincorporated) 4058-31%$293,500$270,4508.5%
Miami1,6681,779-6.2%$290,500$275,0005.6%
Kendall4163955.3%$277,000$273,6001.2%

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