Why Doral Real Estate Keeps Going Up

The Doral real estate market is one of the healthiest not only in the state, but in the entire country. Doral is ranked as the fastest growing community in Miami/Dade County. Since the 2000 census, the population has grown in Doral by over 45,000 permanent residents. What is it that attracts new residents to Doral and keeps the real estate market so healthy? The beautiful area, temperate climate, and healthy economy are just part of the equation. There are many reasons Doral is so popular.

One of the things which attract young families is the quality of the schools in the area. According to Great Schools (a website which takes information gathered from the community and rates schools) Doral has several public schools which are rated five out of five, or four out of five stars.

·       Doral Academy – PK to Grade 5

·       Doral Academy of Technology – PK to Grade 8

·       Doral Academy Middle School – Grades 6-8

·       Doral Performing Arts & Entertainment Academy – Grades 9-12

·       Renaissance Elementary Charter School – PK to Grade 5

Not only does Doral have excellent public schools, the community also has several highly rated private schools. The quality of the education Doral offers is one of the reasons real estate values keep rising. As more young families move to the area, median listings show signs of a continuing upward swing. Rental properties are also showing an increase in list price, making Doral a place real estate investors are becoming more interested in.

The quality of life in Doral is another big draw for residents. With six popular golf courses and resorts in the area, golf enthusiasts have their pick of top rated courses to choose from. The Blue Monster (The Doral Golf Resort) was recently purchased by Donald Trump with plans to renovate and update the course and resort. This has spurred renewed interest in the area’s real estate market. Other top rated courses in Doral include Greg Norman’s Great White, The Silver Course, The Gold Course, The Red Course, and Costa Greens Golf Club.   

It’s not just about recreation; the economy in Doral is growing and has been ranked as the Best City in Florida for Business Start-Ups by Business Week and US News. Forbes has named Doral number two for America’s Top 25 towns to live for its pro-business, educated workforce, and cultural amenities. CNN Money ranked the community 51^st in the Top 100 Places to Live and Launch a Business in the US, and Doral was ranked the Third Best Place in the USA to Retire by US News and World Report. The unemployment rate was under the national and state average in 2009 at 5.9%.

All of these factors combine to make Doral a great place to live for young and old alike. The economy provides jobs for working age adults, top rated schools for young families, and a safe and relaxed environment for retirees. With all that it has going for it, it is no wonder why the real estate values in Doral keep going up.