Miami Market Report

$622,946

AVERAGE PRICE OF 7,951 HOMES

$309,868

AVERAGE PRICE OF 244 DISTRESSED HOMES

$2,293,670

AVERAGE PRICE OF 852 MULTI-MILLION DOLLAR HOMES

$986,480

AVERAGE PRICE OF 939 NEWLY BUILT HOMES

$1,290,594

AVERAGE PRICE OF 939 HOMES WITH A POOL

Average Home

Average Price $622,946
Avg Bedrooms 2 beds
Avg Bathrooms 2.06 baths

Average Price by Bedrooms

1 bedroom $326,049
2 bedrooms $501,221
3 bedrooms $646,938
4 bedrooms $826,038
5 bedrooms $1,327,866
Miami Home Price Trends
  2/2017 1/2017 12/2016 11/2016 10/2016
Total Listings 8,032 7,827 7,912 7,870 7,759
Average Price $619,668 $623,160 $622,313 $630,431 $628,830
Avg Price Change -0.56% +0.14% -1.30% +0.25% +0.56%
Median Price $407,375 $400,464 $399,844 $400,521 $405,874
Med Price Change +1.73% +0.16% -0.17% -1.34% -1.25%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.07 baths 2.08 baths 2.07 baths 2.07 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 53 $1,504,690 119 days
Miami Killian 121 $575,294 125 days
Michael Krop 56 $529,750 107 days
South Miami 66 $586,959 97 days
Washington; Brooker T 118 $528,535 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 7,951 $622,946 155 days
Distressed Homes 244 $309,868 100 days
Multi-Million Dollar Homes 852 $2,293,670 172 days
Newly Built Homes 939 $986,480 173 days
Homes with a Pool 939 $1,290,594 121 days