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Downtown Miami Real Estate Overview

Today, November 25, 2009

Market View for Downtown Miami

Info
Avg. Listing Price $983,758 Wk ending Nov 18
+$34,028
+3.6%
w-o-w
Median Sales Price $295,750 Aug '09 - Oct '09
-$124,250
-29.6%
y-o-y
20Homes For Sale 0Open Homes
7Recently Sold 0Foreclosures

Market Trends for Downtown Miami

Embed Info
Listing price – Downtown Miami
Average Listing Price
$983,758
+3.6%
w-o-w
Median Sales Price
$295,750
-29.6%
y-o-y
Average price/sqft
$224
-45.1%
y-o-y
Number of Sales
2
+100%
y-o-y
More Downtown Miami Market Trends
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Home Prices for Miami

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 18
 
w-o-w

Coral Way
$490,688
+0.3%
Upper East Side
$599,296
-0.6%
Wynwood - Edgewater
$337,751
+6.6%
Northeast Coconut Grove
$826,886
-1.5%
Southwest Coconut Grove
$1,054,707
-3.3%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

Wynwood - Edgewater
$337,751
+6.6%
Little Haiti
$191,910
+4.8%
Flagami
$155,312
+3.7%
Downtown Miami
$983,758
+3.6%
Southwest Coconut Grove
$1,054,707
-3.3%
 
View Miami Home Prices Map
 

Downtown Miami Summary

The median sales price for homes in Downtown Miami, Miami for Aug 09 to Oct 09 was $295,750 based on 2 sales. Compared to the same period one year ago, the median sales price decreased 29.6%, or $124,250, and the number of sales increased 100%. Average price per square foot for Downtown Miami was $224, a decrease of 45.1% compared to the same period last year.

There are currently 20 resale and new homes in Miami on Trulia. The average listing price for homes for sale in Downtown Miami was $983,758 for the week ending Nov 18, which represents an increase of 3.6%, or $34,028, compared to the prior week.

 

Community Info for Miami

Info
More Miami Community Info

Homes for Sale in Downtown Miami

1000 Venetian Way #1106, Miami FL
1000 Venet…
$470,000
1 br  1 ba
1000 Venetian Way #302, Miami FL
1000 Venet…
$799,000
3 br  2 ba
1031 North Venetian Drive, Miami FL
1031 N Ven…
$3,840,000
7 br  7 ½ ba
1000 Venetian Way #402, Miami FL
1000 Venet…
$679,000
3 br  2 ½ ba
1000 Venetian Way #1903, Miami Beach FL
1000 Venet…
$699,000
3 br  2 ½ ba
1000 Venetian Way #710, Miami Beach FL
1000 Venet…
$430,000
1 br  1 ½ ba
View all Downtown Miami Homes for Sale
 
Stats & Trends
Downtown Miami, Miami

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Miami

Real Estate Overview

Homes for Sale

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Nearby Neighborhoods

Neighborhoods
Median
sales price
Average
listing price
Wynwood - Edgewater
$212,500
$337,751
Overtown
$129,000
$328,335
East Little Havana
$70,500
$159,220
Allapattah
$59,000
$153,389
Upper East Side
$117,600
$599,296
Little Haiti
$87,000
$191,910

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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