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Miami Beach

Why you'd want to live in Miami Beach

Over 7 miles of Beaches. 3 Golf Courses. 20 Parks. Art and Culture. Dining and Nightlife. World-Class Shopping. An island city of just 7.1 square miles that separates Biscayne Bay from the radiant blue waters of the Atlantic. Miami Beach is seen as a trend-setting arts and entertainment Mecca, and a shopping and cultural wonder by visitors, world travelers, celebrities and locals alike. Miami Beach has always been a tourist-friendly vacation hot spot, but the city offers so much more now. Miami Beach is no longer just a place to lay on the beach soaking up the sun, due to an economic boom that has sprung from the refurbishment of the Art Deco Historic District. From cafés, clubs and shopping along South Beach’s Ocean Drive, Lincoln Road, and Washington Avenue; the international hotels and restaurants of Collins Avenue and Middle Beach; to the re-emerging neighborhood in North Beach, Miami Beach offers visitors and residents a dazzling array of amenities to enjoy. via miamibeachfl.gov

Miami Beach Market Report

$2,271,852

AVERAGE PRICE OF 2,681 HOMES

$694,775

AVERAGE PRICE OF 15 DISTRESSED HOMES

$5,611,919

AVERAGE PRICE OF 962 MULTI-MILLION DOLLAR HOMES

$6,421,738

AVERAGE PRICE OF 106 NEWLY BUILT HOMES

$4,227,447

AVERAGE PRICE OF 542 HOMES WITH A POOL

$1,410,552

AVERAGE PRICE OF 91 REDUCED PRICE HOMES

Average Home

Average Price $2,271,852
Avg Bedrooms 1.81 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $519,523
2 bedrooms $1,249,061
3 bedrooms $2,708,305
4 bedrooms $5,262,472
5 bedrooms $8,786,843
Miami Beach Home Price Trends
  10/2024 9/2024 8/2024 7/2024 6/2024
Total Listings 2,613 2,557 2,506 2,542 2,623
Average Price $2,291,481 $2,281,167 $2,245,803 $2,307,609 $2,459,715
Avg Price Change +0.45% +1.57% -2.75% -6.59% -6.98%
Median Price $581,665 $556,402 $573,389 $596,521 $600,592
Med Price Change +4.54% -3.05% -4.03% -0.68% -4.45%
Avg Bedrooms 1.81 beds 1.79 beds 1.81 beds 1.83 beds 1.86 beds
Avg Bathrooms 2.19 baths 2.18 baths 2.18 baths 2.19 baths 2.24 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach 575 $1,862,875 146 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,681 $2,271,852 162 days
Distressed Homes 15 $694,775 74 days
Multi-Million Dollar Homes 962 $5,611,919 156 days
Newly Built Homes 106 $6,421,738 168 days
Homes with a Pool 542 $4,227,447 209 days
Reduced Price Homes 91 $1,410,552 119 days
ONE Sotheby's International Realty
Vicky Molina Vitola
119 Washington Avenue, 102
Miami Beach, FL 33139
305-610-8813

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 ©2024 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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