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Miami

Why you'd want to live in Miami

Miami is most famous for its amazing weather and beaches, and they are spectacular, but the city also offers many unexpected gems. The best place to start is the diverse array of neighborhoods, where visitors are encouraged to explore the cultural roots that make Miami an incredible melting pot. Discover the heritage of the Caribbean in Little Haiti, or the city’s Bahamian foundations in West Coconut Grove. Get immersed in the African-American experience of Historic Overtown or the thriving Miccosukee Native American community in South Dade. via visittheusa.co

Miami Market Report

$1,284,109

AVERAGE PRICE OF 8,759 HOMES

$944,227

AVERAGE PRICE OF 68 DISTRESSED HOMES

$3,260,814

AVERAGE PRICE OF 2,437 MULTI-MILLION DOLLAR HOMES

$2,431,742

AVERAGE PRICE OF 785 NEWLY BUILT HOMES

$2,203,101

AVERAGE PRICE OF 1,283 HOMES WITH A POOL

$881,288

AVERAGE PRICE OF 233 REDUCED PRICE HOMES

Average Home

Average Price $1,284,109
Avg Bedrooms 2.15 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $474,045
2 bedrooms $676,105
3 bedrooms $997,622
4 bedrooms $1,531,411
5 bedrooms $2,457,505
Miami Home Price Trends
  8/2024 7/2024 6/2024 5/2024 4/2024
Total Listings 8,629 8,588 8,509 8,452 8,345
Average Price $1,292,648 $1,313,258 $1,322,218 $1,333,693 $1,338,118
Avg Price Change -1.59% -0.68% -0.87% -0.33% -0.34%
Median Price $669,665 $673,191 $675,380 $675,725 $676,021
Med Price Change -0.53% -0.33% -0.05% -0.04% -0.40%
Avg Bedrooms 2.16 beds 2.16 beds 2.15 beds 2.15 beds 2.15 beds
Avg Bathrooms 2.01 baths 2.02 baths 2.02 baths 2.02 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 213 $1,054,102 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,759 $1,284,109 120 days
Distressed Homes 68 $944,227 122 days
Multi-Million Dollar Homes 2,437 $3,260,814 154 days
Newly Built Homes 785 $2,431,742 118 days
Homes with a Pool 1,283 $2,203,101 102 days
Reduced Price Homes 233 $881,288 86 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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