Isla Merita Homes Real Estate Market Update: July 2025
Welcome to your July 2025 snapshot of single-family homes in Isla Merita, Davie, FL—clean, clear, and picture-free. Whether you’re a homeowner, buyer, or market-watcher, here’s exactly what moved, what’s pending, and how this summer stacks up to last.
Quick Neighborhood Snapshot
Isla Merita keeps drawing interest for its neighborly vibe, tree-lined streets, and central Davie location. The data says “steady and strong.”
Active Listings (Single-Family)
As of July 2025
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Active listings: 6
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Average list price: $430,000
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Price per sq. ft.: ~$320
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Average days on market: 18
Versus July 2024
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Active listings: 4
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Avg. list price: $410,000
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Price per sq. ft.: $302
Read it straight: Inventory is up 50% YoY and the average list price nudged +4.8%. More choice for buyers; sellers still hold a solid hand.
Pending Sales
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Homes pending (July 2025): 3
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Average time to contract: 8 days (fast)
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Typical asking price (pending): $419,000
Versus July 2024
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Pendings: 2
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Avg. asking: $395,000
That’s a 50% jump in pendings and +6% on price—well-presented homes are still pulling quick offers.
Closed Sales
July 2025
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Closed sales: 5
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Average closing price: $415,000
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Price per sq. ft.: $315
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Average time on market (sold): 12 days
July 2024
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Closed sales: 7
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Avg. closing price: $402,000
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Price per sq. ft.: $297
What matters: Fewer closings (-29%), but both average price (+3.2%) and $/sq. ft. (+6%) climbed. Tight supply + solid demand = firm pricing.
Year-Over-Year Highlights (July ’24 → July ’25)
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Inventory: 4 → 6 active
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Closed sales: 7 → 5
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Average sale price: $402,000 → $415,000
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Sold $/sq. ft.: $297 → $315
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Avg. DOM (sold): 14 → 12
At a Glance: July 2024 vs July 2025
Metric | July 2024 | July 2025 | YoY Change |
---|---|---|---|
Active Listings | 4 | 6 | +50% |
Avg. List Price | $410,000 | $430,000 | +4.8% |
Pending Sales | 2 | 3 | +50% |
Closed Sales | 7 | 5 | -29% |
Avg. Sale Price | $402,000 | $415,000 | +3.2% |
Price/Sq. Ft. (Sold) | $297 | $315 | +6% |
Avg. Days on Market | 14 | 12 | -14% |
How Isla Merita Compares (Davie & Broward Context)
Regional story checks out:
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Inventory is still historically low but creeping up YoY.
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Values are inching higher on tight supply.
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Time on market is generally stable-to-shorter for homes that show well.
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Price per sq. ft. keeps rising—great for sellers; buyers need sharp offers.
What’s Driving the Market?
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Rates vs. Reality: Higher rates test affordability, but mid-price single-family demand persists.
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Lifestyle: Remote-friendly living + central convenience keeps Isla Merita hot.
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Limited New Builds: Few fresh rooftops means existing homes stay in demand.
What This Means for You
If You’re Selling
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Buyer pool = strong.
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Price it right and expect a quick sale.
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Clean, updated, and well-staged homes command top dollar.
If You’re Buying
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Get pre-approved and move with intent—the good ones go fast.
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Work with an agent who knows Isla Merita’s micro-market for an edge.
Final Thoughts
Isla Merita remains a high-confidence Davie neighborhood in 2025. Listings and prices are up, days on market are down, and well-kept homes don’t wait long for a contract. Data beats drama—use it to make your smartest move.
For available homes or a precise read on your property’s value, visit Amazing Davie Homes: DavieHomesFL.com.