Davie Real Estate Market Report

or Create your own market report

As a Realtor, one of the most common questions I'm asked is "How's The Market?"

Here you can get a detailed Davie market report or even customize your own report based on neighborhoods. 

As an overview of the market from my perspective, it's definitely a Seller's Market here in South Florida! Davie is no exception. The Greater Fort Lauderdale Board of Realtors came out with statistics for the 1st Quarter of 2017 showing that single family homes in Davie only had a 2 month supply of inventory.  Keep in mind that 6 months is considered average! In the townhouse / condo category, there was less than 1 month's supply of inventory.  

This goes to show that Davie is certainly a highly desirable area! Compare this with the averages for Broward County as a whole. Single family in Broward had a 3.3 month supply of inventory and for townhouses & condos, a 6 month supply.

If you're not interested in all these statistics and just want to search homes for sale, you can click here to go to my Davie page or click here to go to my home page where you can search anywhere in Broward County.

In the first quarter of 2017, 165 single family homes closed in Davie 115 with a median sales price of $422,500. This represents a 11.6% increase over the 1st quarter of 2016. The average list to sales price was 94.2% and the median time from list to contract was 68 days.

Looking at townhouses and condos, there were 95 closed sales in the first quarter of 2017. Interestingly, 37 were cash sales. I attribute this to the continued difficulty in financing condos in Florida. Personally I'm hoping that more condos will pursue FHA eligibility, as this would make it so much easier for young people to buy their first home. When I started in Real Estate back in 1998, there were many condos that could be purchased with FHA financing. 

Continuing on with townhouses and condos, the median sales price in Davie for the first quarter was $161k, representing a 5.9% increase over last year.  The average list to sales price was 95.3% and the median time from list to contract was 51 days.

If you haven't checked out the market report for your area, what are you waiting for! It's a great tool and it's free! 

Of course if you ever have questions about Real Estate or are thinking of buying or selling, I'd love to hear from you. You can give me a call at 954-557-7036 or email debbie@SouthFLHomes.com.

Active Properties
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1161 Bristol Ave 4 4 4,600 $825,000 $179 0 days
13792 Sw 40th St 5 3 3,346 $750,000 $224 1 day
2052 Sw 82nd Ave 2 2 817 $225,000 $275 1 day
9482 Oak Grove Cir 4 3 2,084 $465,000 $223 1 day
14075 SW 24th St 5 5 3,507 $899,000 $256 0 days
14440 Arlington Pl 5 4 3,367 $710,000 $210 7 days
1305 SW 120th Way 3 3 1,654 $305,000 $184 0 days
5160 S University Dr 3 3 1,520 $297,000 $195 1 day
5300 Kingfisher Way 5 3 2,584 $540,000 $208 1 day
3301 SW 134th Ter 5 4 3,795 $869,000 $228 1 day
Average: 3.4 3.1 2,591 $619,179 $217 133 days
Viewing 1 - 10 of 385
Viewing 1 - 10 of 385
Properties Under Contract
Address Beds Baths Living ft2 List Price Cost per ft2 DOM
1040 SW 127 Ter 4 3 3,120 $565,000 $181 4 days
1061 SW 111th Ter 3 3 1,910 $349,500 $182 5 days
1504 Whitehall Dr Unit #205 2 2 1,385 $179,000 $129 9 days
4263 Sw 84th Ter 3 2 1,309 $349,900 $267 3 days
3906 NW 77th Ave 2 2 1,081 $239,000 $221 21 days
14610 S Beckley Sq 3 2 1,360 $325,000 $238 14 days
10301 Sw 16th Pl 4 2 2,568 $579,000 $225 18 days
2661 Sw 87 Terr 3 2 2,112 $450,000 $213 3 days
3630 Citrus Trce Unit 6 2 2 1,340 $219,900 $164 23 days
9304 Arborwood Cir 3 2 N/A $379,900 Unknown 27 days
Average: 3.2 2.6 1,909 $431,251 $216 96 days
Viewing 1 - 10 of 102
Viewing 1 - 10 of 102
Sold Properties
Address Beds Baths Living ft2 List Price Sold Price Cost per ft2 DOM Sold Date
13921 Sw 22nd Place 3 2 N/A $610,000 $595,000 Unknown 1 day 6/2/20
10388 W State Road 84 Unit #102 N/A N/A N/A $2,900 $2,900 Unknown 89 days 6/1/20
7713 Davie Road Extension N/A N/A N/A $2,590 $2,590 Unknown 92 days 6/1/20
13351 Sw 7th Pl 3 2 N/A $70,000 $70,000 Unknown 1 day 5/29/20
5141 Sw 109th Ave 6 3 5,719 $850,000 $838,000 $146 0 days 5/28/20
8 Matador Ln Unit #1-28 3 3 1,590 $195,000 $190,000 $119 13 days 5/28/20
2936 Tall Oak Ct 3 2 1,318 $369,900 $375,000 $284 22 days 5/28/20
2993 Myrtle Oak Cir 3 2 1,318 $389,000 $386,000 $292 0 days 5/27/20
5741 Sw 56 St 3 2 1,150 $359,000 $350,000 $304 8 days 5/26/20
5023 W Madison Lakes Cir W Unit #5023 4 4 2,452 $400,000 $389,000 $158 23 days 5/26/20
Average: 3.1 2.6 2,014 $431,407 $412,836 $200 64 days
Viewing 1 - 10 of 505
Viewing 1 - 10 of 505