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Miami Market Report

$662,066

AVERAGE PRICE OF 12,279 HOMES

$254,373

AVERAGE PRICE OF 646 DISTRESSED HOMES

$2,708,313

AVERAGE PRICE OF 1,451 MULTI-MILLION DOLLAR HOMES

$930,552

AVERAGE PRICE OF 1,361 NEWLY BUILT HOMES

$1,092,449

AVERAGE PRICE OF 1,177 HOMES WITH A POOL

$603,475

AVERAGE PRICE OF 4,156 REDUCED PRICE HOMES

Average Home

Average Price $662,066
Avg Bedrooms 2 beds
Avg Bathrooms 2.34 baths

Average Price by Bedrooms

1 bedroom $321,222
2 bedrooms $446,444
3 bedrooms $562,931
4 bedrooms $716,815
5 bedrooms $1,294,590
Miami Home Price Trends
  8/2017 7/2017 6/2017 5/2017 4/2017
Total Listings 11,457 10,339 7,978 7,793 7,566
Average Price $725,083 $569,022 $641,029 $647,495 $644,522
Avg Price Change +27.43% -12.65% -1.01% +0.46% +3.44%
Median Price $382,549 $375,000 $415,101 $418,064 $417,943
Med Price Change +2.01% -10.69% -0.71% +0.03% +2.08%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.32 baths 2.06 baths 2.08 baths 2.08 baths 2.08 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Braddock G. Holmes 80 $518,550 n/a
Coral Gables 79 $1,343,670 n/a
Miami Killian 206 $526,465 n/a
South Miami 112 $559,596 n/a
Washington; Brooker T 148 $552,752 n/a
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 12,279 $662,066 n/a
Distressed Homes 646 $254,373 n/a
Multi-Million Dollar Homes 1,451 $2,708,313 n/a
Newly Built Homes 1,361 $930,552 n/a
Homes with a Pool 1,177 $1,092,449 n/a
Reduced Price Homes 4,156 $603,475 n/a