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Miami Real Estate Overview

Today, December 8, 2009

Market View for Miami

Info
Avg. Listing Price $436,558 Wk ending Dec 02
-$1,711
-0.4%
w-o-w
Median Sales Price $158,000 Sep '09 - Nov '09
-$105,250
-40.0%
y-o-y
13,661Homes For Sale 5Open Homes
8,537Recently Sold 13,911Foreclosures

Market Trends for Miami

Embed Info
Listing price – Miami
Average Listing Price
$436,558
-0.4%
w-o-w
Median Sales Price
$158,000
-40%
y-o-y
Average price/sqft
$127
-43.8%
y-o-y
Number of Sales
3,233
-0.9%
y-o-y
More Miami Market Trends
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Home Prices for Miami

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Dec 2
 
w-o-w

Coral Way
$491,556
-0.3%
Upper East Side
$625,562
+2.8%
Wynwood - Edgewater
$328,824
-6.5%
Northeast Coconut Grove
$834,326
+1.4%
Southwest Coconut Grove
$1,061,977
-0.3%
 
Movers & Shakers
Avg. listing price
Week ending Dec 2
 
w-o-w

Allapattah
$146,675
-20.0%
West Little Havana
$203,219
-14.9%
Model City
$109,730
-13.0%
East Little Havana
$155,260
-9.2%
Flagami
$155,967
-9.2%
 
View Miami Home Prices Map
 

Miami Summary

Average price per square foot for Miami FL was $127, a decrease of 43.8% compared to the same period last year. The median sales price for homes in Miami FL for Sep 09 to Nov 09 was $158,000 based on 3,233 home sales. Compared to the same period one year ago, the median home sales price decreased 40%, or $105,250, and the number of home sales decreased 0.9%.

There are currently 13,661 resale and new homes in Miami on Trulia, including 5 open houses, as well as 13,911 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Miami FL was $436,558 for the week ending Dec 02, which represents a decrease of 0.4%, or $1,711, compared to the prior week. Popular neighborhoods in Miami include Coral Way and Upper East Side, with average listing prices of $491,556 and $625,562.

 

Community Info for Miami

Info
More Miami Community Info

Homes for Sale in Miami

1055 Northwest 126th Court, Miami FL
1055 NW 12…
$239,000
4 br  3 ba
6500 Southwest 99th Avenue, Miami FL
6500 SW 99…
$1,499,000
4 br  4 ba
801 Northeast 91st Terrace, Miami FL
801 NE 91st…
$450,000
2 br  2 ba
262 Northwest 64th Court, Miami FL
262 NW 64th…
$189,500
3 br  1 ba
8227 Southwest 172nd Terrace, Miami FL
8227 SW 17…
$400,000
4 br  3 ba
9200 Northwest 16th Avenue, Miami FL
9200 NW 16…
$34,900
2 br  1 ba
View all Miami Homes for Sale
 
Stats & Trends
Miami

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Coral Way

Upper East Side

View more neighborhoods or ZIPs
  • Allapattah
  • Coral Way
  • Downtown Miami
  • East Little Havana
  • Flagami
  • Little Haiti
  • Model City
  • Northeast Coconut Grove
  • Overtown
  • Southwest Coconut Grove
  • Star, Palm and Hibiscus Islands
  • Upper East Side
  • West Little Havana
  • Wynwood - Edgewater
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Nearby Cities

Cities
Median
sales price
Average
listing price
Coconut Grove
$493,000
$955,762
Coral Gables
$460,000
$1,657,702
El Portal
$168,000
$296,225
Miami Shores
$208,950
$551,347
Miami Beach
$255,000
$1,013,702
Key Biscayne
$600,000
$1,764,159

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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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Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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