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Miami Real Estate Overview

Today, November 6, 2009

Avg. Listing Price $429,157 Wk ending Oct 28

+$8,039
+1.9%
w-o-w

Median Sales Price $175,900 Jul '09 - Sep '09

-$126,000
-41.7%
y-o-y

14,665	Homes For Sale	6	Open Homes
8,034	Recently Sold	9,233	Foreclosures

Average Listing Price

$429,157

+1.9%

w-o-w

Median Sales Price

$175,900

-41.7%

y-o-y

Average price/sqft

$131

-47.4%

y-o-y

Number of Sales

4,211

+4.4%

y-o-y

More Miami Market Trends

Select chart to embed:

Most popular
neighborhoods

Avg. listing price
Week ending Oct 28

w-o-w

Coral Way

$519,031

+1.0%

Upper East Side

$597,688

-2.0%

Northeast Coconut Grove

$888,025

+0.3%

Wynwood - Edgewater

$318,434

-8.7%

Southwest Coconut Grove

$1,082,685

+2.1%

Movers & Shakers

Avg. listing price
Week ending Oct 28

w-o-w

Allapattah

$153,347

-32.0%

Little Haiti

$185,498

-26.7%

East Little Havana

$159,592

-25.5%

Model City

$112,304

-21.8%

Flagami

$152,013

-17.4%

View Miami Home Prices Map

Average price per square foot for Miami FL was $131, a decrease of 47.4% compared to the same period last year. The median sales price for homes in Miami FL for Jul 09 to Sep 09 was $175,900 based on 4,211 home sales. Compared to the same period one year ago, the median home sales price decreased 41.7%, or $126,000, and the number of home sales increased 4.4%.

There are currently 14,665 resale and new homes in Miami on Trulia, including 6 open houses, as well as 9,233 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 $429,157 for the week ending Oct 28, which represents an increase of 1.9%, or $8,039, compared to the prior week. Popular neighborhoods in Miami include Coral Way and Upper East Side, with average listing prices of $519,031 and $597,688.

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

Maya Angelou Elementary School

Public

PK - 5

Gtr Miami Adventist Academy

Private

PK - 12

Oliver Hoover Elementary School

Public

PK - 5

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

14353 SW 1…

$310,000

4 br 3 ba

999 Bricke…

$84,900

2 br 1 ½ ba

418 NW 80th…

$289,000

3 br 2 ba

31 SE 5th…

$275,000

2 br 2 ba

11325 SW 2…

$72,900

4 br 2 ½ ba

309 NE 99th…

$1,289,000

5 br 3 ½ ba

View all Miami Homes for Sale

Cities

Median
sales price

Average
listing price

Coconut Grove

$434,750

$943,916

Coral Gables

$438,200

$1,532,414

El Portal

$169,500

$293,218

Miami Shores

$232,250

$566,461

Miami Beach

$330,000

$998,026

Key Biscayne

$745,000

$1,724,985

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.

Miami Real Estate Overview

Market View for Miami

Market Trends for Miami

Home Prices for Miami

Miami Summary

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Community Info for Miami

Homes for Sale in 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