If you need assistance, please call 305-267-7777

Miami Market Report

$748,292

AVERAGE PRICE OF 12,104 HOMES

$2,716,133

AVERAGE PRICE OF 1,763 MULTI-MILLION DOLLAR HOMES

$1,147,188

AVERAGE PRICE OF 1,421 NEWLY BUILT HOMES

$1,035,877

AVERAGE PRICE OF 3,016 HOMES WITH A POOL

$516,231

AVERAGE PRICE OF 308 REDUCED PRICE HOMES

Average Home

Average Price $748,292
Avg Bedrooms 2.18 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $337,355
2 bedrooms $480,761
3 bedrooms $646,414
4 bedrooms $862,171
5 bedrooms $1,489,502
Miami Home Price Trends
  10/2019 9/2019 8/2019 7/2019 6/2019
Total Listings 12,055 12,062 11,155 12,795 13,140
Average Price $731,634 $715,564 $688,707 $697,725 $712,702
Avg Price Change +2.25% +3.90% -1.31% -2.15% -0.57%
Median Price $416,080 $414,949 $407,147 $409,000 $410,000
Med Price Change +0.27% +1.92% -0.46% -0.24% -0.01%
Avg Bedrooms 2.19 beds 2.19 beds 2.22 beds 2.18 beds 2.19 beds
Avg Bathrooms 2.06 baths 2.06 baths 2.06 baths 2.04 baths 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Coral Gables 189 $1,294,717 60 days
Miami Killian 130 $619,592 57 days
Miami Senior 102 $662,991 61 days
South Miami 127 $606,635 62 days
Washington; Brooker T 210 $650,410 68 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 12,104 $748,292 66 days
Multi-Million Dollar Homes 1,763 $2,716,133 71 days
Newly Built Homes 1,421 $1,147,188 72 days
Homes with a Pool 3,016 $1,035,877 68 days
Reduced Price Homes 308 $516,231 59 days
Cacophony Group
Raul Pineyro
2400 W 84th ST Suite 11
Hialeah, FL 33016
305-267-7777

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.