Miami Market Report

$649,137

AVERAGE PRICE OF 7,767 HOMES

$299,251

AVERAGE PRICE OF 233 DISTRESSED HOMES

$2,356,528

AVERAGE PRICE OF 897 MULTI-MILLION DOLLAR HOMES

$1,038,293

AVERAGE PRICE OF 973 NEWLY BUILT HOMES

$1,413,224

AVERAGE PRICE OF 890 HOMES WITH A POOL

Average Home

Average Price $649,137
Avg Bedrooms 2 beds
Avg Bathrooms 2.08 baths

Average Price by Bedrooms

1 bedroom $328,923
2 bedrooms $494,218
3 bedrooms $690,933
4 bedrooms $869,572
5 bedrooms $1,529,661
Miami Home Price Trends
  4/2017 3/2017 2/2017 1/2017 12/2016
Total Listings 7,566 7,997 8,032 7,827 7,912
Average Price $644,522 $623,071 $619,668 $623,160 $622,313
Avg Price Change +3.44% +0.55% -0.56% +0.14% -1.30%
Median Price $417,943 $409,428 $407,375 $400,464 $399,844
Med Price Change +2.08% +0.50% +1.73% +0.16% -0.17%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 2.08 baths 2.07 baths 2.07 baths 2.08 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Coral Gables 59 $1,405,487 136 days
Miami Killian 119 $594,361 84 days
Michael Krop 65 $459,485 109 days
South Miami 69 $601,417 84 days
Washington; Brooker T 115 $508,460 127 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 7,767 $649,137 158 days
Distressed Homes 233 $299,251 93 days
Multi-Million Dollar Homes 897 $2,356,528 169 days
Newly Built Homes 973 $1,038,293 176 days
Homes with a Pool 890 $1,413,224 121 days