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Miami

Miami Market Report

$1,011,030

AVERAGE PRICE OF 7,374 HOMES

$362,477

AVERAGE PRICE OF 157 DISTRESSED HOMES

$3,081,707

AVERAGE PRICE OF 1,547 MULTI-MILLION DOLLAR HOMES

$2,545,656

AVERAGE PRICE OF 295 NEWLY BUILT HOMES

$1,917,880

AVERAGE PRICE OF 859 HOMES WITH A POOL

$792,261

AVERAGE PRICE OF 101 REDUCED PRICE HOMES

Average Home

Average Price $1,011,030
Avg Bedrooms 2.1 beds
Avg Bathrooms 1.94 baths

Average Price by Bedrooms

1 bedroom $401,170
2 bedrooms $562,847
3 bedrooms $812,166
4 bedrooms $1,207,025
5 bedrooms $2,161,169
Miami Home Price Trends
  12/2021 11/2021 10/2021 9/2021 8/2021
Total Listings 8,061 n/a 8,690 8,759 8,920
Average Price $1,001,989 n/a $941,602 $922,562 $807,538
Avg Price Change n/a n/a +2.06% +14.24% +22.52%
Median Price $519,770 n/a $495,655 $488,933 $480,008
Med Price Change n/a n/a +1.37% +1.86% +0.31%
Avg Bedrooms 2.09 beds n/a 2.09 beds 2.08 beds 2.08 beds
Avg Bathrooms 1.94 baths n/a 1.94 baths 1.94 baths 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 96 $2,571,590 133 days
Miami Killian 73 $892,442 74 days
Miami Senior 75 $1,040,703 111 days
South Miami 66 $692,917 79 days
Washington; Brooker T 135 $794,308 139 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 7,374 $1,011,030 136 days
Distressed Homes 157 $362,477 175 days
Multi-Million Dollar Homes 1,547 $3,081,707 173 days
Newly Built Homes 295 $2,545,656 203 days
Homes with a Pool 859 $1,917,880 117 days
Reduced Price Homes 101 $792,261 74 days
One Sotheby's International Realty
Enrique Tejera, P.A.
119 Washington Ave. Ste 102
Miami Beach, FL 33139
305-814-4686

Fair Housing/Equal Opportunity
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The multiple listing information is provided by MIAMI Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listingare © 2018 MIAMI Association of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
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