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Miami Beach Home Values and Market Report

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Report prepared by Miranda-realgeeks.com
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Market at a glance

Over the last 12 months, homes sold for 91.4% of list price in 127 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.83M Sold · $1.68M
$3.4M$2.7M$2M$1.3M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 216 sales in Apr. Last month: 124.

Where the market stands

All homes in this report, by status.

4,388homes
Active2,279 · 52%
Under contract155 · 4%
Sold (12 mo)1,954 · 45%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

14.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$2.47M
Under contract$4.14M
Sold$2.11M

Average days on market

Active109 days
Under contract156 days
Sold127 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 2,279
Average list price $2,469,107
Avg. days on market 109 days
Avg. price per ft² $1,073
Avg. living area 1,468 ft²
Avg. beds / baths 2.1 / 2.2

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

21 homes didn’t report living area and aren’t shown.

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$30M$20M$10M$0

Price vs. living area: 225 homes plotted, up to $30M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

493 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1431 W 22nd St$7,208
100 S Pointe Dr Unit #2905$4,621
3681 Flamingo Dr$4,264
1455 Ocean Dr Unit #PH3, PH4 & PH5$4,141
102 24th St Unit #PH-1606$4,026
5240 N Bay Rd$3,898
7852 Fisher Island Dr Unit #7852$3,877

All active listings (2,279)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
900 16th St Unit #303Miami Beach, FL 33139 121,046$399,000$3810 days
4101 Pine Tree Dr Unit #606Miami Beach, FL 33140 221,081$625,000$5780 days
120 Ocean Dr Unit #700Miami Beach, FL 33139 231,938$4,750,000$2,4500 days
1816 Meridian Ave Unit #26Miami Beach, FL 33139 21803$373,000$4640 days
5151 Collins Ave Unit #729Miami Beach, FL 33140 221,000$599,000$5990 days
Address not availableMiami Beach, FL 33140 —1538$975,000$1,8125 days
Address not availableMiami Beach, FL 33140 —1538$975,000$1,8126 days
4600 Prairie AveMiami Beach, FL 33140 685,286$16,900,000$3,1970 days
949 Pennsylvania Ave Unit #407Miami Beach, FL 33139 11564$279,000$4940 days
101 Collins Ave Unit #2Miami Beach, FL 33139 11600$345,000$5750 days
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