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Richard Recuset's Blog

By Richard Recuset | Agent in Doral, FL

Doral,Fl Residential Rental Market Update


Market Analysis Report

Number of Properties Rented (480) From 1/1/10 – 5/31/10

The average rental property in Doral is renting for=$1,688.

The avg. price difference in Doral between one and two bedroom homes is $286.

The avg. price difference in Doral between two and three bedroom homes is $437

The avg. price difference in Doral between three and four bedroom homes is $474

The avg. price difference in Doral between four and five bedroom homes is $1,301

Average days on the market for rental listings to rent in Doral= 58 (DOM)

1 Bedroom listings – 53

  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 1,230 $2,100 $3 $2,100 $3 113.51 249
Low 650 $900 $1 $800 $1 80 0
Average 801.02 $1,111 $1 $1,063 $1 95.53 47.27
Median 810 $1,000 $1 $1,000 $1 95.24 34.5
2 Bedrooms Listings = 143
  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 1,870 $2,400 $2 $2,400 $2 129.03 336
Low 780 $950 $1 $925 $1 84.09 0
Average 1,147.29 $1,402 $1 $1,349 $1 96.23 56.14
Median 1,060 $1,390 $1 $1,350 $1 96.43 41
3 Bedrooms Listings = 188
  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2,900 $4,300 $2 $4,300 $2 107.5 400
Low 1,060 $1,300 $1 $850 $1 50 3
Average 1,636.35 $1,861 $1 $1,786 $1 95.97 58.71
Median 1,552.5 $1,750 $1 $1,700 $1 96.77 46
4 Bedrooms Listings = 84
  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 2,950 $3,700 $2 $3,700 $2 104.55 332
Low 1,386 $1,700 $1 $1,600 $1 75 2
Average 2,135.46 $2,369 $1 $2,260 $1 95.59 63.19
Median 2,120.5 $2,300 $1 $2,200 $1 95.91 43
5+ Bedrooms Listings = 9
  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 4,140 $5,800 $2 $5,500 $2 100 167
Low 2,121 $2,900 $1 $2,850 $1 60.01 10
Average 3,146.29 $3,933 $1 $3,561 $1 91.73 71.78
Median 3,363 $3,850 $1 $3,400 $1 94.83 56
TOTAL Listings = 480
  SF/FF List Price LP$/SqFt Sale Price SP$/SqFt SP$/LP$ Days on Market
High 4,140 $5,800 $3 $5,500 $3 129.03 400
Low 650 $900 $1 $800 $1 50 0
Average 1,500.78 $1,764 $1 $1,688 $1 95.85 57.64
Median 1,426 $1,650 $1 $1,565 $1 96.3 42

FYI- IF you’re looking for rental properties under $1300 they will be located east of 87th ave and will have 1-2 bedrooms.

Thinking of buying, selling or renting in Doral? Call the experts! teamDoral-Richard Recuset 786-287-9272 email: Richard@teamDoral.com

 

Comments

By Bill Eckler-Florida,,  Sun Jun 27 2010, 05:32
Are your rental rates based on annual or seasonal rentals?
By Richard Recuset,  Sun Jun 27 2010, 07:35
Rental rates are annual. We have no or hardly any seasonal rentals to speak of in our market. With the exception of condo/hotels and rental communities. We have lots of hotels in our surroundings to cater to short term rentals.

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