Recently recognized as one of the 15 fastest growing cities in the country, Doral has become a hub for luxury residential living. In the last six years alone, the city has experienced an increase of almost 53,000 inhabitants. The city has also become home to new residential properties, from elegant condominiums to luxurious single-family homes. Property values have multiplied in recent years.
Downtown Doral is a vibrant community of culture and commerce, located in the heart of access to almost everywhere. Neighborhoods, offices, homes, award-winning schools, restaurants and shops that offer a new quality of life. Fully walkable, connected, artfully designed, eco-friendly and stylish. A place to call home.
Doral’s real estate market is very competitive. Houses in Doral rmedia and sell on average in 101 days. The average sale price of a house in Doral was $350 thousand dollars in the month of September 2020, 19.0% more than the previous year. The average sales price per square foot in Doral is $203, down 0.25% from last year.
The average rent for an apartment in Doral is $1,863, up 1% from the previous year, when the average rent was $1,836. The average size of an apartment in Doral, FL is 90 square meters, but this number varies greatly depending on the type of unit, with budget and luxury alternatives for homes and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous surface area.
The value of a typical Doral home is $345,555. This value is seasonally adjusted and only includes the average home price level. Home values in Doral are up 1.8% over the past year and are predicted to rise 6.3% next year.
References:
https://www.payscale.com/cost-of-living-calculator/Florida-Doral
