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Miami Real Estate Overview

Today, July 10, 2009

Market View for Miami

Info
Avg. Listing Price $410,120 Wk ending Jul 01
+$40
+0.0%
w-o-w
Median Sales Price $170,500 Apr '09 - Jun '09
-$107,500
-38.7%
y-o-y
14,724Homes For Sale 21Open Homes
7,210Recently Sold 9,654Foreclosures

Market Trends for Miami

Embed Info
Listing price – Miami
Average Listing Price
$410,120
+0%
w-o-w
Median Sales Price
$170,500
-38.7%
y-o-y
Average price/sqft
$124
-34.4%
y-o-y
Number of Sales
2,845
+5.4%
y-o-y
More Miami Market Trends
Select chart to embed:  
Copy & Paste HTML to embed this graph in your website:

Home Prices for Miami

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Jul 1
 
w-o-w

Downtown Miami
$487,349
-0.8%
Coral Way
$488,739
-0.1%
Upper East Side
$543,218
+0.8%
Southwest Coconut Grove
$879,786
-0.4%
Wynwood - Edgewater
$352,632
+1.5%
 
Movers & Shakers
Avg. listing price
Week ending Jul 1
 
w-o-w

Little Haiti
$255,486
+9.1%
East Little Havana
$172,087
+7.8%
Northeast Coconut Grove
$948,460
-3.2%
Model City
$117,032
-2.5%
Overtown
$310,378
-2.0%
 
View Miami Home Prices Map
 

Miami Summary

Average price per square foot for Miami FL was $124, a decrease of 34.4% compared to the same period last year. The median sales price for homes in Miami FL for Apr 09 to Jun 09 was $170,500 based on 2,845 home sales. Compared to the same period one year ago, the median home sales price decreased 38.7%, or $107,500, and the number of home sales increased 5.4%.

There are currently 14,724 resale and new homes in Miami on Trulia, including 21 open houses, as well as 9,654 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Miami FL was $410,120 for the week ending Jul 01, which was unchanged compared to the prior week. Popular neighborhoods in Miami include Downtown Miami and Coral Way, with average listing prices of $487,349 and $488,739.

 

Schools in Miami

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Broward County School District
Public
PK - 12
298
307,928
Miami - Dade County Public School District
Public
PK - 12
441
395,597
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Arcola Lake Elementary School
Public
PK - 5
Bet Breira School
Private
PK - 5
Beth Jacob High School
Private
6 - 12
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Miami Schools
 

Community Info for Miami

Info
More Miami Community Info

Homes for Sale in Miami

2392 Southwest 140th Place, Miami FL
2392 SW 14…
$324,900
4 br  3 ba
14821 Southwest 141st Terrace, Miami FL
14821 SW 1…
$199,513
3 br  2 ba
5450 Southwest 5th Terrace, Miami FL
5450 SW 5th…
$229,000
3 br  3 ba
3301 Northeast 5th Avenue #PH05, Miami FL
3301 NE 5th…
$170,000
  1 ba
4515 Southwest 64th Court, Miami FL
4515 SW 64…
$419,000
4 br  3 ba
15279 Southwest 69th Lane, Miami FL
15279 SW 6…
$115,000
3 br  2 ba
View all Miami Homes for Sale
 
Stats & Trends
Miami

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Neighborhoods

Downtown Miami

Coral Way

View more neighborhoods or ZIPs
  • Allapattah
  • Coral Way
  • Downtown Miami
  • East Little Havana
  • Flagami
  • Little Haiti
  • Model City
  • Northeast Coconut Grove
  • Overtown
  • Southwest Coconut Grove
  • Star, Palm and Hibiscus Islands
  • Upper East Side
  • West Little Havana
  • Wynwood - Edgewater
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  • 33101
  • 33102
  • 33107
  • 33109
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  • 33257
  • 33261
  • 33265
  • 33266
  • 33269
  • 33280
  • 33283
  • 33296
  • 33299
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Nearby Cities

Cities
Median
sales price
Average
listing price
Coconut Grove
$500,000
$1,137,369
Coral Gables
$400,000
$1,699,363
El Portal
$195,000
$315,920
Miami Shores
$256,500
$562,860
Miami Beach
$290,000
$1,079,517
Key Biscayne
$670,000
$1,668,877
Local Spotlight
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Advice & Opinions

Recent Q&A in Miami, FL

Q: we are buying a fannie mae house its been 1 month and still no signed contract back from them .Just recieved 2 answers
Q: Why are you waiting to buy a home you love? Be the first to answer
Q: what is an expensive/fancy place to live near miami? 3 answers
Q: Mortgage Broker Fees 6 answers
Q: Can anyone provide insight into what are considered to be good condo buildings in Northeast Coconut Grove.? 4 answers

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Miami, FL
  • Recent blog posts in Miami, FL
  • Find a real estate professional Miami, FL

Nearby Cities Real Estate

  • Coconut Grove Real Estate
  • Coral Gables Real Estate
  • El Portal Real Estate
  • Miami Shores Real Estate
  • Miami Beach Real Estate
  • Key Biscayne Real Estate

Nearby Cities Sold Homes

  • Coconut Grove Sold Homes
  • Coral Gables Sold Homes
  • El Portal Sold Homes
  • Miami Shores Sold Homes
  • Miami Beach Sold Homes
  • Key Biscayne Sold Homes

Nearby Cities Home Prices

  • Coconut Grove Home Prices
  • Coral Gables Home Prices
  • El Portal Home Prices
  • Miami Shores Home Prices
  • Miami Beach Home Prices
  • Key Biscayne Home Prices

Miami Stats & Trends

  • Miami Market Trends
  • Miami Schools
  • Miami Community Info
  • Miami Home Prices
  • Miami Real Estate
  • Miami Recently Sold Homes
Miami real estate—use Trulia to find real estate in Miami as well real estate in other cities in Florida. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Miami real estate trends, market activity, and neighborhood information. Before buying a house in Miami, research real estate on Trulia. Understanding the Miami real estate market is your first step to buying a home in Miami, Florida. Our real estate guide gives your a valuable overview of the Miami real estate market—find Miami properties, sales statistics, real estate price trends, real estate market activity, comparisons of Miami schools or Florida schools, and general demographic information for Miami, FL. Trulia's real estate guide combines a Miami map with a detailed list of Miami neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Miami.

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About this Info
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.
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About this Info
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.
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.
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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.
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Parent Reviews
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.

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