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Miami Market Report

$654,074

AVERAGE PRICE OF 12,501 HOMES

$258,713

AVERAGE PRICE OF 593 DISTRESSED HOMES

$2,545,049

AVERAGE PRICE OF 1,542 MULTI-MILLION DOLLAR HOMES

$926,593

AVERAGE PRICE OF 1,505 NEWLY BUILT HOMES

$1,110,920

AVERAGE PRICE OF 1,150 HOMES WITH A POOL

$635,324

AVERAGE PRICE OF 4,212 REDUCED PRICE HOMES

Average Home

Average Price $654,074
Avg Bedrooms 2 beds
Avg Bathrooms 2.35 baths

Average Price by Bedrooms

1 bedroom $317,910
2 bedrooms $449,367
3 bedrooms $578,527
4 bedrooms $717,158
5 bedrooms $1,264,836
Miami Home Price Trends
  10/2017 9/2017 8/2017 7/2017 6/2017
Total Listings 12,211 12,397 11,457 10,339 7,978
Average Price $658,481 $659,452 $725,083 $569,022 $641,029
Avg Price Change -0.15% -9.95% +27.43% -12.65% -1.01%
Median Price $380,953 $379,979 $382,549 $375,000 $415,101
Med Price Change +0.26% -0.68% +2.01% -10.69% -0.71%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.35 baths 2.34 baths 2.32 baths 2.06 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 88 $1,348,004 n/a
Miami Killian 155 $574,511 n/a
Miami Senior 82 $612,582 n/a
South Miami 133 $530,530 n/a
Washington; Brooker T 161 $526,084 n/a
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 12,501 $654,074 n/a
Distressed Homes 593 $258,713 n/a
Multi-Million Dollar Homes 1,542 $2,545,049 n/a
Newly Built Homes 1,505 $926,593 n/a
Homes with a Pool 1,150 $1,110,920 n/a
Reduced Price Homes 4,212 $635,324 n/a