Miami Real-Estate Market Overview


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Average Listing Price

  • $478,160
  • for week ending Feb 03
  • +$12,726
  • +2.7%
  • w-o-w

Median Sales Price

  • $245,000
  • Nov '15 - Feb '16
  • +$10,000
  • +4.3%
  • y-o-y

Average Listing Price $478,160 +2.7% w-o-w
Median Sales Price $245,000 +4.3% y-o-y
Average Price/sqft $175 0.6% y-o-y
Number of Sales 2503 -27.9 % y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending Feb 3
w-o-w
Coral Way $563,707 -1.8%
Wynwood - Edgewater $672,688 +5.2%
Upper East Side $1,115,403 +12.2%
Northeast Coconut Grove $1,142,230 +1.0%
West Little Havana $302,820 -3.6%
Movers & Shakers Avg. listing price
Week ending Feb 3
w-o-w
Overtown $364,412 -14.9%
Upper East Side $1,115,403 +12.2%
Allapattah $268,511 +10.2%
Model City $136,171 -7.4%
Wynwood - Edgewater $672,688 +5.2%
View Miami Home Prices Map

Summary for Miami


Average price per square foot for Miami FL was $175, an increase of 2.9% compared to the same period last year. The median sales price for homes in Miami FL for Nov 15 to Feb 16 was $245,000 based on 2,503 home sales. Compared to the same period one year ago, the median home sales price increased 4.3%, or $10,000, and the number of home sales decreased 27.9%. There are currently 9,496 resale and new homes in Miami on Trulia, including 27 open houses, as well as 6,252 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 $478,160 for the week ending Feb 03, which represents an increase of 2.7%, or $12,726, compared to the prior week. Popular neighborhoods in Miami include Coral Way and Wynwood - Edgewater, with average listing prices of $563,707 and $672,688.


District Type Grades Schools Students
Dade County Public Schools Public PK - 12 558 362,258
School Name School Type Grades Parent Rating
Fairlawn Elementary School Public PK - 5
Bethany Covenant School Private 1 - 5
The Learning Experience School Private
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Homes for Sale in Miami
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