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Miami Market Report

$568,014

AVERAGE PRICE OF 10,357 HOMES

$249,290

AVERAGE PRICE OF 880 DISTRESSED HOMES

$2,313,683

AVERAGE PRICE OF 943 MULTI-MILLION DOLLAR HOMES

$971,913

AVERAGE PRICE OF 1,200 NEWLY BUILT HOMES

$1,146,482

AVERAGE PRICE OF 1,249 HOMES WITH A POOL

Average Home

Average Price $568,014
Avg Bedrooms 2 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $317,267
2 bedrooms $444,045
3 bedrooms $551,882
4 bedrooms $717,320
5 bedrooms $1,308,116
Miami Home Price Trends
  6/2017 5/2017 4/2017 3/2017 2/2017
Total Listings 7,978 7,793 7,566 7,997 8,032
Average Price $641,029 $647,495 $644,522 $623,071 $619,668
Avg Price Change -1.01% +0.46% +3.44% +0.55% -0.56%
Median Price $415,101 $418,064 $417,943 $409,428 $407,375
Med Price Change -0.71% +0.03% +2.08% +0.50% +1.73%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.08 baths 2.08 baths 2.08 baths 2.07 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Felix Valera 76 $316,044 79 days
Miami Killian 183 $541,920 82 days
Michael Krop 77 $494,319 115 days
South Miami 110 $545,236 102 days
Washington; Brooker T 142 $589,464 141 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 10,357 $568,014 160 days
Distressed Homes 880 $249,290 197 days
Multi-Million Dollar Homes 943 $2,313,683 177 days
Newly Built Homes 1,200 $971,913 177 days
Homes with a Pool 1,249 $1,146,482 133 days