If you need assistance, please call 305-814-4686

Miami

Miami Market Report

$1,347,814

AVERAGE PRICE OF 8,274 HOMES

$858,117

AVERAGE PRICE OF 74 DISTRESSED HOMES

$3,275,277

AVERAGE PRICE OF 2,480 MULTI-MILLION DOLLAR HOMES

$2,659,947

AVERAGE PRICE OF 630 NEWLY BUILT HOMES

$2,390,167

AVERAGE PRICE OF 1,183 HOMES WITH A POOL

$1,098,230

AVERAGE PRICE OF 287 REDUCED PRICE HOMES

Average Home

Average Price $1,347,814
Avg Bedrooms 2.16 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $467,143
2 bedrooms $710,033
3 bedrooms $1,071,006
4 bedrooms $1,587,566
5 bedrooms $2,399,232
Miami Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 7,731 7,582 7,513 7,239 6,907
Average Price $1,387,223 $1,397,662 $1,383,033 $1,371,699 $1,357,998
Avg Price Change -0.75% +1.06% +0.83% +1.01% +0.90%
Median Price $684,000 $696,025 $696,428 $693,351 $684,993
Med Price Change -1.76% -0.06% +0.44% +1.22% +1.85%
Avg Bedrooms 2.15 beds 2.14 beds 2.16 beds 2.16 beds 2.16 beds
Avg Bathrooms 2.03 baths 2.02 baths 2.02 baths 2.02 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 187 $1,149,401 87 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,274 $1,347,814 115 days
Distressed Homes 74 $858,117 114 days
Multi-Million Dollar Homes 2,480 $3,275,277 148 days
Newly Built Homes 630 $2,659,947 133 days
Homes with a Pool 1,183 $2,390,167 103 days
Reduced Price Homes 287 $1,098,230 87 days
One Sotheby's International Realty
Enrique Tejera, P.A.
119 Washington Ave. Ste 102
Miami Beach, FL 33139
305-814-4686

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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