Is Cooper City, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Cooper City has remained a Seller's Market.
Housing Prices in Cooper City, FL
How much do homes in Cooper City, FL cost?
Median Sold Price
$675,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cooper City was $675,000 in May 2024, up 11% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $214.2K | +42.8% |
2 Bedrooms | $380K | $419K | +10.3% |
3 Bedrooms | $570K | $595K | +4.4% |
4 Bedrooms | $770K | $799.5K | +3.8% |
5+ Bedrooms | $1.2M | $1.3M | +9.0% |
Summary: Cooper City housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 42.8%, 2 bedroom homes increased by 10.3%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 9%.
Median Sold Price Compared To Nearby Cities
Cooper City | $608K | $675K | +11.0% |
Davie | $470.6K | $510.3K | +8.4% |
Miramar-Pembroke Pines | $455.6K | $491.2K | +7.8% |
Pembroke Pines | $449.8K | $472.8K | +5.1% |
Southwest Ranches | $1.3M | $1.4M | +3.7% |
Housing Supply in Cooper City, FL
How many homes are available in Cooper City, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
95 | 92 | -3.2% |
Summary: The Cooper City real estate market had 92 homes for sale in May 2024, a 3.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 38 | 36 | -5.3% |
4 Bedrooms | 41 | 39 | -4.9% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Cooper City housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 21 | -27.6% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Cooper City in May 2024, down by 27.6% month-over-month. Of the 21 sold homes, 90% were sold under asking, 10% were sold at asking, and 0% were sold over asking.
Days on Market for Cooper City, FL
How long does it take to sell a home in Cooper City, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 41 Days | +36.6% |
Summary: Homes in Cooper City had an average of 41 days on market in May 2024, up by 36.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 21 homes were sold in Cooper City; 43% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.