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Miami 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 94.1% of list price in 87 days on average.

Average price, last 12 months

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

List · $948K Sold · $902K
$950K$890K$830K$770K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,175 sales in Mar. Last month: 930.

Where the market stands

All homes in this report, by status.

23,138homes
Active10,438 · 45%
Under contract921 · 4%
Sold (12 mo)11,779 · 51%

Buyer's or seller's market?

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

10.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.26M
Under contract$887K
Sold$835K

Average days on market

Active92 days
Under contract93 days
Sold87 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 10,438
Average list price $1,259,055
Avg. days on market 92 days
Avg. price per ft² $634
Avg. living area 1,585 ft²
Avg. beds / baths 2.6 / 2.4

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.

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$9M$6M$3M$0

Price vs. living area: 198 homes plotted, up to $9M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

2,679 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

1370 S Venetian Way$4,137
2811 S Bayshore Dr Unit #4A$2,663
Address not available$1,974
1425 Brickell Ave Unit #55F$1,946
Address not available$1,860
300 Biscayne Boulevard Way Unit #3601E$1,774
300 Biscayne Boulevard Way Unit #4505W$1,733

All active listings (10,438)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
11990 Sw 119th StMiami, FL 33186 321,530$787,000$5140 days
1155 Brickell Bay Dr Unit #2902Miami, FL 33131 321,470$799,000$5430 days
121 Ne 5th St Unit #1912Miami, FL 33132 22757$865,000$1,1420 days
1631 Ne 114th St Unit #107Miami, FL 33181 11880$233,000$2641 day
14844 Sw 183rd Ter Unit #1Miami, FL 33187 331,330$465,000$3491 day
2043 Nw 51st StMiami, FL 33142 321,061$525,000$4943 days
Address not availableMiami, FL 33126 321,698$680,000$4003 days
6429 Sw 132nd Ct CirMiami, FL 33183 331,370$449,900$3280 days
2333 Brickell Ave Unit #D1Miami, FL 33129 ———$750—0 days
12413 Sw 213th StMiami, FL 33177 321,440$699,000$4850 days
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