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Miami Beach Market Report

$1,672,437

AVERAGE PRICE OF 3,557 HOMES

$405,574

AVERAGE PRICE OF 83 DISTRESSED HOMES

$4,369,033

AVERAGE PRICE OF 1,119 MULTI-MILLION DOLLAR HOMES

$5,319,987

AVERAGE PRICE OF 263 NEWLY BUILT HOMES

$6,744,121

AVERAGE PRICE OF 315 HOMES WITH A POOL

Average Home

Average Price $1,672,437
Avg Bedrooms 2 beds
Avg Bathrooms 1.97 baths

Average Price by Bedrooms

1 bedroom $432,985
2 bedrooms $997,129
3 bedrooms $2,889,196
4 bedrooms $4,239,942
5 bedrooms $5,737,138
Miami Beach Home Price Trends
  6/2017 5/2017 4/2017 3/2017 2/2017
Total Listings 3,336 3,373 3,313 3,430 3,390
Average Price $1,748,615 $1,783,093 $1,825,567 $1,815,344 $1,828,296
Avg Price Change -1.97% -2.38% +0.56% -0.71% -0.87%
Median Price $575,912 $580,887 $596,281 $593,267 $595,698
Med Price Change -0.86% -2.65% +0.51% -0.41% +0.47%
Avg Bedrooms 2 beds 2 beds 2 beds 2 beds 2 beds
Avg Bathrooms 1.99 baths 2 baths 2.02 baths 2.02 baths 2.03 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Miami Beach 388 $1,662,142 165 days
Miami Senior 6 $2,236,500 174 days
North Miami Beach 3 $3,802,000 346 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 3,557 $1,672,437 194 days
Distressed Homes 83 $405,574 261 days
Multi-Million Dollar Homes 1,119 $4,369,033 226 days
Newly Built Homes 263 $5,319,987 239 days
Homes with a Pool 315 $6,744,121 228 days