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Downtown Miami Real Estate Overview

Today, November 26, 2009

Avg. Listing Price $983,758 Wk ending Nov 18

+$34,028
+3.6%
w-o-w

Median Sales Price $295,750 Aug '09 - Oct '09

-$124,250
-29.6%
y-o-y

19	Homes For Sale	0	Open Homes
7	Recently Sold	0	Foreclosures

Average Listing Price

$983,758

+3.6%

w-o-w

Median Sales Price

$295,750

-29.6%

y-o-y

Average price/sqft

$224

-45.1%

y-o-y

Number of Sales

+100%

y-o-y

More Downtown Miami Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Nov 18

w-o-w

Coral Way

$490,688

+0.3%

Upper East Side

$599,296

-0.6%

Wynwood - Edgewater

$337,751

+6.6%

Northeast Coconut Grove

$826,886

-1.5%

Southwest Coconut Grove

$1,054,707

-3.3%

Movers & Shakers

Avg. listing price
Week ending Nov 18

w-o-w

Wynwood - Edgewater

$337,751

+6.6%

Little Haiti

$191,910

+4.8%

Flagami

$155,312

+3.7%

Downtown Miami

$983,758

+3.6%

Southwest Coconut Grove

$1,054,707

-3.3%

View Miami Home Prices Map

The median sales price for homes in Downtown Miami, Miami for Aug 09 to Oct 09 was $295,750 based on 2 sales. Compared to the same period one year ago, the median sales price decreased 29.6%, or $124,250, and the number of sales increased 100%. Average price per square foot for Downtown Miami was $224, a decrease of 45.1% compared to the same period last year.

There are currently 19 resale and new homes in Miami on Trulia. The average listing price for homes for sale in Downtown Miami was $983,758 for the week ending Nov 18, which represents an increase of 3.6%, or $34,028, compared to the prior week.

1000 Venet…

$470,000

1 br 1 ba

1000 Venet…

$799,000

3 br 2 ba

1031 N Ven…

$3,840,000

7 br 7 ½ ba

1000 Venet…

$679,000

3 br 2 ½ ba

1000 Venet…

$430,000

1 br 1 ½ ba

1000 Venet…

$699,000

3 br 2 ½ ba

View all Downtown Miami Homes for Sale

Downtown Miami, Miami

Neighborhoods

Median
sales price

Average
listing price

Wynwood - Edgewater

$212,500

$337,751

Overtown

$129,000

$328,335

East Little Havana

$70,500

$159,220

Allapattah

$59,000

$153,389

Upper East Side

$117,600

$599,296

Little Haiti

$87,000

$191,910

Local Spotlight

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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.

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. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.

Homes for Sale includes resale and new homes on Trulia.

Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.

Open Homes refers to listings on Trulia with scheduled open house times.

Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.

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.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.

About this Info Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website. Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price. Close

Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.

Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.

These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.

Downtown Miami Real Estate Overview

Market View for Downtown Miami

Market Trends for Downtown Miami

Home Prices for Miami

Downtown Miami Summary

Community Info for Miami

Homes for Sale in Downtown Miami

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About this Info Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report. Close