Miami Real Estate Overview


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Average Listing Price

  • $475,976
  • for week ending May 13
  • +$22,470
  • +5.0%
  • w-o-w

Median Sales Price

  • $235,000
  • Feb '15 - May '15
  • +$23,250
  • +11.0%
  • y-o-y

Average Listing Price $475,976 +5.0% w-o-w
Median Sales Price $235,000 +11.0% y-o-y
Average Price/sqft $188 +2.2% y-o-y
Number of Sales 2702 -13.8 % y-o-y

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Most popular neighborhoods Avg. listing Price
Week ending May 13
w-o-w
Coral Way $597,930 +9.0%
Wynwood - Edgewater $534,187 +0.4%
Upper East Side $1,108,928 -12.3%
Northeast Coconut Grove $1,563,034 +8.8%
West Little Havana $252,899 +6.3%
Movers & Shakers Avg. listing price
Week ending May 13
w-o-w
Upper East Side $1,108,928 -12.3%
Downtown Miami $1,459,363 +11.0%
East Little Havana $292,874 +9.6%
Allapattah $276,827 +9.0%
Coral Way $597,930 +9.0%
View Miami Home Prices Map

Summary for Miami


Average price per square foot for Miami FL was $188, an increase of 6.2% compared to the same period last year. The median sales price for homes in Miami FL for Feb 15 to May 15 was $235,000 based on 2,702 home sales. Compared to the same period one year ago, the median home sales price increased 11%, or $23,250, and the number of home sales decreased 13.8%. There are currently 13,185 resale and new homes in Miami on Trulia, including 11 open houses, as well as 13,952 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 $475,976 for the week ending May 13, which represents an increase of 5%, or $22,470, compared to the prior week. Popular neighborhoods in Miami include Coral Way and Wynwood - Edgewater, with average listing prices of $597,930 and $534,187.


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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