City Center Market Trends


Median Sales Price in City Center

 

1 yr 5 yr Max
City Center median sales prices
Number of sold homes in City Center
Neighborhood Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
City Center $310,000 -12.8% $335,000 $355,500 $187,500
Miami Beach $350,000 +6.1% $318,649 $330,000 $258,500
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Summary for City Center


The median sales price for homes in City Center for Apr 14 to Jul 14 was $310,000. This represents a decline of 7.5%, or $25,000, compared to the prior quarter and a decrease of 12.8% compared to the prior year. Sales prices have appreciated 65.3% over the last 5 years in City Center, Miami Beach. The median sales price of $310,000 for City Center is 11.43% lower than the median sales price for Miami Beach FL. Average listing price for homes on Trulia in City Center was $1,769,515 for the week ending Jul 02, which represents a decline of 4.5%, or $82,832 compared to the prior week and an increase of 4.8%, or $81,751, compared to the week ending Jun 11. Average price per square foot for homes in City Center was $620 in the most recent quarter, which is 20.86% higher than the average price per square foot for homes in Miami Beach.

Average Listing Price in City Center

 

City Center average property price
City Center – number of properties
Neighborhood Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Week ending
Jun 11
City Center $1,769,515 -4.5% $1,852,347 $1,836,194 $1,687,764
Miami Beach $1,451,472 -0.6% $1,459,512 $1,451,188 $1,378,021
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Average Price Per Sqft. for Homes in City Center

 

1 yr 5 yr Max
City Center average price per square foot
Neighborhood Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
City Center $620 -8.0% $597 $674 $369
Miami Beach $513 +16.3% $439 $441 $312
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Popular Neighborhoods in Miami Beach


Neighborhoods Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Oceanfront 1 1 1
Flamingo / Lummus 2 2 2
North Shores 3 3 3
West Avenue 4 4 6
South Pointe 5 5 4
La Gorce 6 6 5
Homes for Sale in City Center
View all City Center Homes for Sale