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Friday, November 8, 2024

What happened to the median home price in Doral during November 2021?

Realestate3

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Adobe Stock

The median sale price of a home sold in November 2021 in Doral rose by $127,500 while total sales increased by 75.8%, according to BlockShopper.com.

In November 2021, there were 109 homes sold, with a median sale price of $410,000 - a 45.1% increase over the $282,500 median sale price for the same period of the previous year. There were 62 homes sold in Doral in November 2020.

The median sales tax in Doral for the most recent year with available data, 2019, was $3,966, approximately 1% of the median home sale price for November 2021.

The following table compares Doral to other Miami-Dade County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Virginia Gardens21100%$467,500$359,00030.2%
West Perrine152650%$461,000$162,500183.7%
Miami Beach341117191.5%$430,000$448,000-4%
Country Walk221637.5%$430,000$392,0009.7%
Cutler Bay7933139.4%$425,000$330,00028.8%
Doral1096275.8%$410,000$282,50045.1%
Miami Lakes231291.7%$405,000$410,000-1.2%
Miami719256180.9%$389,000$301,50029%
Palmetto Estates14875%$380,000$350,0008.6%
Opa-Locka (unincorporated) 94125%$375,000$291,50028.6%
Sunny Isles Beach8834158.8%$372,500$362,0002.9%

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