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Miami

Miami Market Report

$868,844

AVERAGE PRICE OF 10,178 HOMES

$367,179

AVERAGE PRICE OF 237 DISTRESSED HOMES

$3,086,597

AVERAGE PRICE OF 1,704 MULTI-MILLION DOLLAR HOMES

$1,478,079

AVERAGE PRICE OF 589 NEWLY BUILT HOMES

$1,515,255

AVERAGE PRICE OF 1,130 HOMES WITH A POOL

$741,154

AVERAGE PRICE OF 197 REDUCED PRICE HOMES

Average Home

Average Price $868,844
Avg Bedrooms 2.03 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $341,739
2 bedrooms $498,792
3 bedrooms $727,009
4 bedrooms $1,042,943
5 bedrooms $1,630,905
Miami Home Price Trends
  12/2020 11/2020 10/2020 9/2020 8/2020
Total Listings 10,858 11,322 11,625 11,514 11,472
Average Price $880,366 $864,884 $861,879 $859,327 $848,917
Avg Price Change +1.79% +0.35% +0.30% +1.23% +1.28%
Median Price $437,928 $429,921 $429,572 $428,708 $425,634
Med Price Change +1.86% +0.08% +0.20% +0.72% +0.97%
Avg Bedrooms 2.04 beds 2.06 beds 2.07 beds 2.09 beds 2.1 beds
Avg Bathrooms 1.98 baths 1.99 baths 2 baths 2.01 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 182 $1,633,542 137 days
Miami Killian 93 $598,124 71 days
Miami Senior 109 $613,816 108 days
South Miami 100 $655,496 91 days
Washington; Brooker T 262 $649,115 155 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 10,178 $868,844 157 days
Distressed Homes 237 $367,179 171 days
Multi-Million Dollar Homes 1,704 $3,086,597 192 days
Newly Built Homes 589 $1,478,079 176 days
Homes with a Pool 1,130 $1,515,255 136 days
Reduced Price Homes 197 $741,154 114 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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