| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| City Center | $185,000 | -45.6% | $904,900 | $340,000 | $178,000 | Miami Beach | $275,000 | -27.9% | $318,500 | $381,600 | $273,150 |
The median sales price for homes in City Center for Sep 09 to Nov 09 was $185,000. This represents a decline of 79.6%, or $719,900, compared to the prior quarter and a decrease of 45.6% compared to the prior year. Sales prices have appreciated 3.9% over the last 5 years in City Center, Miami Beach.
The median sales price of $185,000 for City Center is 32.73% lower than the median sales price for Miami Beach FL. Average listing price for homes on Trulia in City Center was $750,644 for the week ending Dec 30, which represents a decline of 3%, or $22,992 compared to the prior week and a decline of 13.3%, or $114,861, compared to the week ending Dec 09. Average price per square foot for homes in City Center was $292 in the most recent quarter, which is 0.00% higher than the average price per square foot for homes in Miami Beach.
| Neighborhood | Week ending Dec 30 | w-o-w | Week ending Dec 23 | Week ending Dec 16 | Week ending Dec 9 |
|---|---|---|---|---|---|
| City Center | $750,644 | -3.0% | $773,636 | $831,048 | $865,505 | Miami Beach | $1,027,077 | +0.7% | $1,019,995 | $1,018,780 | $1,014,534 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| City Center | $292 | -52.4% | $366 | $613 | $248 | Miami Beach | $292 | -24.7% | $311 | $388 | $314 |
| Neighborhoods | Week ending Dec 30 |
w-o-w | Week ending Dec 23 |
Week ending Dec 16 |
|---|---|---|---|---|
| Oceanfront | 1 | — | 1 | 1 |
| South Pointe | 2 | — | 2 | 2 |
| Normandy Isles | 3 | +1 | 4 | 4 |
| West Avenue | 4 | -1 | 3 | 3 |
| City Center | 5 | — | 5 | 6 |
| La Gorce | 6 | — | 6 | 5 |
Market Trends
Fair Housing and Equal Opportunity
|
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|
|
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|
|
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
|
