Real Estate Market Update for Hallandale, FL

Video: Real Estate Community Tour for Hallandale, FL

See Real estate community tour for Hallandale, FL
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 13% from one year earlier, and down 5% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was 320-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 70%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 220-thousand dollars. The number of units sold decreased 23% year-over-year, and increased 10% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Hallandale, FL
Area Information for Hallandale, FL
  • Population: 41,234
  • Median Age: 47.58 yr
  • Median Commute Time: 27 mins
  • Educational Climate*: 3
  • Sales Tax: 6%
  • Population Density: 8,109/sq mi
  • Population Change Since 2000: 11.84%
  • Closest Airport: Fort Lauderdale/hollywood International
  • Closest College: Florida International Univ-biscayne Bay
  • Closest Jr. College: Key College
  • Median Household Income: $36,748
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $160,000
  • Closest Major Sports Team: Miami Dolphins
  • Change Avg. Household Income Since 2000: 28.51%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Hallandale, FL
Median Age: 47.58 Married: 36% Number of Households: 20,302 Households with Children: 3,084
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Hallandale, FL

      School Name Distance Type Grades School Rating Parent Rating
      Aventura Montessori School 0.0 mi Private PRESCHOOL-K 0 0
      Gulfstream Middle School 0.3 mi Public 6-8 1 0
      Masoret Yehudit Academy 0.4 mi Private PRESCHOOL-1 0 0
      The Learning Corner Early Childhood Center I 0.6 mi Private PRESCHOOL-2 0 0
      South Broward Montessori Charter School 0.7 mi Public -5 0 0
      Hallandale Adult/community Center 0.9 mi Public 6-12 0 0
      Hallandale Elementary School 1.0 mi Public K-5 2 0
      Hallandale High School 1.1 mi Public 9-12 1 3
      Lanier-james Education Center 1.3 mi Public 7-12 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Hallandale, FL
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.