Is Dania, 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 was a Seller's Market.
Key Takeaway
Dania is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Dania, FL
How much do homes in Dania, FL cost?
Median Sold Price
$346,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Dania have sold for 16.5% more than they did a year ago.
Summary: The median home sold price in Dania was $346,000 in May 2024, up 16.5% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $178K | $180K | +1.1% |
| 2 Bedrooms | $270K | $292K | +8.1% |
| 3 Bedrooms | $501K | $580K | +15.8% |
| 4 Bedrooms | $432.5K | $537.4K | +24.3% |
| 5+ Bedrooms | $600K | $510K | -15.0% |
Summary: Dania housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 24.3%, and 5+ bedroom homes decreased by 15%.
Median Sold Price Compared To Nearby Cities
| Dania | $297K | $346K | +16.5% |
| 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, FL
How many homes are available in Dania, FL?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 107 | 105 | -1.9% |
Summary: The Dania real estate market had 105 homes for sale in May 2024, a 1.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 11 | 8 | -27.3% |
| 2 Bedrooms | 59 | 58 | -1.7% |
| 3 Bedrooms | 26 | 25 | -3.8% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dania housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 10 | -54.5% |
Asking Price vs. Sold Price
7 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 Dania, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Dania in May 2024, down by 54.5% month-over-month. Of the 10 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.
Days on Market for Dania, FL
How long does it take to sell a home in Dania, FL?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 46 Days | 65 Days | +42.4% |
Summary: Homes in Dania had an average of 65 days on market in May 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Dania has remained consistent over time.
Summary: During May 2024, 10 homes were sold in Dania; 30% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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