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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

$1,334,447

AVERAGE PRICE OF 8,448 HOMES

$1,008,516

AVERAGE PRICE OF 61 DISTRESSED HOMES

$3,287,046

AVERAGE PRICE OF 2,481 MULTI-MILLION DOLLAR HOMES

$2,654,743

AVERAGE PRICE OF 593 NEWLY BUILT HOMES

$2,352,136

AVERAGE PRICE OF 1,278 HOMES WITH A POOL

$1,159,484

AVERAGE PRICE OF 314 REDUCED PRICE HOMES

Average Home

Average Price $1,334,447
Avg Bedrooms 2.15 beds
Avg Bathrooms 2.02 baths

Average Price by Bedrooms

1 bedroom $467,731
2 bedrooms $680,623
3 bedrooms $1,052,557
4 bedrooms $1,526,834
5 bedrooms $2,439,282
Miami Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 8,345 8,298 8,067 7,731 7,582
Average Price $1,338,118 $1,342,631 $1,363,987 $1,387,223 $1,397,662
Avg Price Change -0.34% -1.59% -1.70% -0.75% +1.06%
Median Price $676,021 $678,707 $677,359 $684,000 $696,025
Med Price Change -0.40% +0.20% -0.98% -1.76% -0.06%
Avg Bedrooms 2.15 beds 2.16 beds 2.16 beds 2.15 beds 2.14 beds
Avg Bathrooms 2.02 baths 2.03 baths 2.03 baths 2.03 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 218 $1,019,458 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,448 $1,334,447 116 days
Distressed Homes 61 $1,008,516 132 days
Multi-Million Dollar Homes 2,481 $3,287,046 147 days
Newly Built Homes 593 $2,654,743 140 days
Homes with a Pool 1,278 $2,352,136 94 days
Reduced Price Homes 314 $1,159,484 79 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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