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Miami Courant

Saturday, September 21, 2024

Doral home prices rise in May 2018

Realestate5

The median sale price of a home sold in May 2018 in Doral rose by $46,000 while total sales increased by 11.5%, according to BlockShopper.com.

In May 2018, there were 87 homes sold, with a median sale price of $301,000 - a 18% increase over the $255,000 median sale price for the same period of the previous year. There were 78 homes sold in Doral in May 2017.

The median sales tax in Doral for the most recent year with available data, 2015, was $3,572, approximately 1.2% of the median home sale price for May 2018.

The following table compares Doral to other Miami-Dade County cities with similar median sales prices in May 2018:

CityMay 2018 Home SalesMay 2017 Home Sales% change (Total Home Sales)May 2018 Median Sales PriceMay 2017 Median Sales Price% change (Median Sales Price)
Miami Beach2822608.5%$335,000$345,000-2.9%
Virginia Gardens23-33.3%$332,500$295,00012.7%
Country Walk28280%$321,500$291,50010.3%
Miami Lakes3041-26.8%$321,350$265,00021.3%
Aventura12711015.5%$320,000$280,00014.3%
Doral877811.5%$301,000$255,00018%
Miami601654-8.1%$283,100$263,5007.4%
Palmetto Estates1821-14.3%$281,000$240,00017.1%
Sweetwater310-70%$278,300$180,00054.6%
Cutler Bay105978.2%$273,000$250,0009.2%
Kendall136153-11.1%$269,250$270,000-0.3%

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