Miami Beach Summary
The median sales price for homes in Miami Beach FL for Feb 12 to Apr 12 was $274,150. This represents an increase of 11%, or $27,150, compared to the prior quarter and an increase of 14.2% compared to the prior year. Sales prices have depreciated 33.3% over the last 5 years in Miami Beach. The average listing price for Miami Beach homes for sale on Trulia was $1,355,841 for the week ending May 09, which represents a decline of 2.1%, or $29,672, compared to the prior week and a decline of 4.5%, or $63,627, compared to the week ending Apr 18. Average price per square foot for Miami Beach FL was $1,075, an increase of 206.3% compared to the same period last year. Popular neighborhoods in Miami Beach include Oceanfront, South Pointe, Normandy Isles, West Avenue, City Center, and Bayshore.