The Unique Attributes of Davie’s Housing Market
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Davie, a town in Broward County, Florida, is known for its rural atmosphere, western-themed districts, and equestrian lifestyle. The town’s housing market is unique, with a mix of single-family homes, townhouses, and apartments. In this article, we will explore the unique attributes of Davie’s housing market and what makes it an attractive option for real estate investors, homeowners, first-time home buyers, and real estate agents.
The Housing Market Overview
The Davie housing market is a seller’s market, with a median home value of $360,000, which is higher than the national average. The town’s real estate market has been on an upward trend for the past few years, with a 5.5% increase in home values over the last year. The average price per square foot is $214, which is higher than the Miami-Fort Lauderdale-West Palm Beach Metro average of $191. The town’s housing market is competitive, with homes selling within 45 days of being listed on the market.
The Unique Features of Davie’s Housing Market
Equestrian Lifestyle
Davie is known for its equestrian lifestyle, with many residents owning horses and participating in equestrian events. The town has several equestrian communities, such as Sunshine Ranches, which offer large lots and horse-friendly amenities. The town’s housing market caters to equestrian enthusiasts, with many homes featuring stables, paddocks, and riding arenas.
Western-Themed Districts
Davie has several western-themed districts, such as the Davie Junction and the Old Davie School Historical Museum. These districts offer a unique atmosphere and attract tourists and residents alike. The town’s housing market features homes with western-style architecture, such as ranch-style homes and Log cabins.
Proximity to Beaches and Attractions
Davie is located near several beaches, such as Hollywood Beach and Fort Lauderdale Beach, which are popular tourist destinations. The town is also close to several attractions, such as the Everglades National Park and the Flamingo Gardens. The town’s housing market offers easy access to these attractions, making it an attractive option for vacation home buyers.
FAQs
Q: What is the median home value in Davie?
A: The median home value in Davie is $360,000.
Q: What is the average price per square foot in Davie?
A: The average price per square foot in Davie is $214.
Q: Is Davie’s housing market a buyer’s or seller’s market?
A: Davie’s housing market is a seller’s market.
Conclusion
Davie’s housing market is unique, with a mix of single-family homes, townhouses, and apartments. The town’s equestrian lifestyle, western-themed districts, and proximity to beaches and attractions make it an attractive option for real estate investors, homeowners, first-time home buyers, and real estate agents. The town’s housing market is a seller’s market, with a median home value of $360,000 and an average price per square foot of $214. If you’re looking for a home in a town with a rural atmosphere and a western flair, Davie is the perfect place to call home.
