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Miami Market Report

$642,994

AVERAGE PRICE OF 7,896 HOMES

$293,154

AVERAGE PRICE OF 267 DISTRESSED HOMES

$2,369,351

AVERAGE PRICE OF 888 MULTI-MILLION DOLLAR HOMES

$1,040,508

AVERAGE PRICE OF 1,058 NEWLY BUILT HOMES

$1,397,330

AVERAGE PRICE OF 910 HOMES WITH A POOL

Average Home

Average Price $642,994
Avg Bedrooms 2 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $329,604
2 bedrooms $490,014
3 bedrooms $686,777
4 bedrooms $849,245
5 bedrooms $1,459,549
Miami Home Price Trends
  5/2017 4/2017 3/2017 2/2017 1/2017
Total Listings 7,793 7,566 7,997 8,032 7,827
Average Price $647,495 $644,522 $623,071 $619,668 $623,160
Avg Price Change +0.46% +3.44% +0.55% -0.56% +0.14%
Median Price $418,064 $417,943 $409,428 $407,375 $400,464
Med Price Change +0.03% +2.08% +0.50% +1.73% +0.16%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.08 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 56 $1,384,629 143 days
Miami Killian 127 $585,075 76 days
Michael Krop 62 $485,618 121 days
South Miami 75 $559,737 88 days
Washington; Brooker T 113 $533,180 140 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 7,896 $642,994 158 days
Distressed Homes 267 $293,154 107 days
Multi-Million Dollar Homes 888 $2,369,351 168 days
Newly Built Homes 1,058 $1,040,508 174 days
Homes with a Pool 910 $1,397,330 128 days