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Miami Market Trends

Today, January 8, 2009

Median Sales Price in Miami

Embed Info
1 yr 5 yr Max
Miami median sales prices
Number of sold homes in Miami
No. BedroomsOct - Dec '08y-o-y3 months prior1 year prior5 years prior
1 bedroom$125,000-30.6%$162,000$180,000$101,000
2 bedrooms$162,000-29.9%$180,000$231,000$129,900
3 bedrooms$211,000-29.7%$240,000$300,000$184,000
4 bedrooms$295,000-18.1%$300,000$360,000$234,400
All bedrooms$250,000-12.7%$300,000$286,250$174,050
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Average Listing Price in Miami

Embed Info
1 yr 5 yr Max
Miami average property price
Miami – number of properties
No. BedroomsWeek ending
Dec 31
w-o-wWeek ending
Dec 24
Week ending
Dec 17
Week ending
Dec 10
1 bedroom$206,835-0.4%$207,569$209,056$214,872
2 bedrooms$280,203+0.1%$279,848$285,695$292,902
3 bedrooms$333,034-0.1%$333,236$340,887$351,144
4 bedrooms$477,585+1.1%$472,571$488,473$500,916
All bedrooms$396,4570.0%$396,318$403,339$414,203
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Average Price Per Sqft for Homes in Miami

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1 yr 5 yr Max
Miami average price per square foot
No. BedroomsOct - Dec '08y-o-y3 months prior1 year prior5 years prior
1 bedroom$190-28.6%$247$266$154
2 bedrooms$188-20.7%$208$237$138
3 bedrooms$170-19.8%$196$212$129
4 bedrooms$285+47.7%$296$193$113
All bedrooms$216-2.7%$244$222$130
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Popular Neighborhoods in Miami

Neighborhoods Week ending
Dec 31
w-o-w Week ending
Dec 24
Week ending
Dec 17
Downtown Miami 1 — 1 1
Coral Way 2 — 2 2
Upper East Side 3 — 3 3
Wynwood - Edgewater 4 +2 6 5
Flagami 5 +2 7 8
Southwest Coconut Grove 6 -1 5 4

Homes for Sale in Miami

1171 Northwest 142nd Street, Miami FL
1171 NW 14…
$89,500
2 br  1 ba
520 Brickell Avenue, Miami FL
520 Bricke…
$1,000,000
3 br  2 ba
4747 Southwest 163rd Place, Miami FL
4747 SW 16…
$250,000
3 br  2½ ba
11685 Northeast 20th Drive, Miami FL
11685 NE 2…
$549,000
3 br  2 ba
6350 Southwest 16th Street, Miami FL
6350 SW 16…
$223,000
2 br  2 ba
4681 Southwest 149th Court, Miami FL
4681 SW 14…
$399,000
3 br  3½ ba
View all Miami Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Coconut Grove
$710,000
$1,147,108
Coral Gables
$455,000
$1,487,686
El Portal
$196,000
$306,460
Miami Shores
$303,000
$547,813
Miami Beach
$360,000
$957,346
Key Biscayne
$675,000
$1,768,459
Advice & Opinions

Recent discussions near Miami, FL:

Q: is this property still available and if it is how can i make an appt to see it inside? 1 answer
Q: I WANT TO SEE IT PLEASE CONTACT ME AS SOON AS YOU CAN 305-263-0027 IN SPANISH, PLEASE Be the first to answer
Q: I would like to view this home, can you please contact me 7862105780 2 answers
Q: what are the values of the homes in this area? Be the first to answer
Q: I want to see it as soon as you can callme please 305-263-0027 leslie morales Be the first to answer

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Miami Stats & Trends

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Our real estate market trends page gives you a valuable overview of the Miami real estate market. Find Miami properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Miami average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Miami housing statistics are available for each Miami, FL neighborhood.

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.