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Miami

Miami Market Report

$1,234,973

AVERAGE PRICE OF 7,619 HOMES

$383,559

AVERAGE PRICE OF 117 DISTRESSED HOMES

$3,308,843

AVERAGE PRICE OF 1,971 MULTI-MILLION DOLLAR HOMES

$2,549,807

AVERAGE PRICE OF 413 NEWLY BUILT HOMES

$2,419,531

AVERAGE PRICE OF 1,097 HOMES WITH A POOL

$882,900

AVERAGE PRICE OF 259 REDUCED PRICE HOMES

Average Home

Average Price $1,234,973
Avg Bedrooms 2.17 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $458,617
2 bedrooms $687,407
3 bedrooms $867,615
4 bedrooms $1,315,748
5 bedrooms $2,179,497
Miami Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 7,665 n/a n/a n/a 7,131
Average Price $1,228,878 n/a n/a n/a $1,081,460
Avg Price Change n/a n/a n/a n/a +2.46%
Median Price $624,000 n/a n/a n/a $553,106
Med Price Change n/a n/a n/a n/a +2.56%
Avg Bedrooms 2.17 beds n/a n/a n/a 2.11 beds
Avg Bathrooms 1.97 baths n/a n/a n/a 1.95 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 101 $4,419,291 98 days
Miami Killian 72 $1,181,284 71 days
Miami Senior 83 $1,074,674 81 days
South Miami 75 $845,159 52 days
Washington; Brooker T 137 $945,486 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 7,619 $1,234,973 97 days
Distressed Homes 117 $383,559 150 days
Multi-Million Dollar Homes 1,971 $3,308,843 125 days
Newly Built Homes 413 $2,549,807 132 days
Homes with a Pool 1,097 $2,419,531 87 days
Reduced Price Homes 259 $882,900 59 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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