| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Model City | $49,900 | -43.6% | $49,900 | $88,500 | $115,000 | Miami | $157,750 | -40.1% | $185,000 | $263,250 | $215,000 |
The median sales price for homes in Model City for Sep 09 to Nov 09 was $49,900. This represents an increase of 0%, or $0, compared to the prior quarter and a decrease of 43.6% compared to the prior year. Sales prices have depreciated 56.6% over the last 5 years in Model City, Miami.
The median sales price of $49,900 for Model City is 68.37% lower than the median sales price for Miami FL. Average listing price for homes on Trulia in Model City was $106,594 for the week ending Dec 16, which represents a decline of 0.1%, or $99 compared to the prior week and a decline of 15.5%, or $19,530, compared to the week ending Nov 25. Average price per square foot for homes in Model City was $44 in the most recent quarter, which is 66.67% lower than the average price per square foot for homes in Miami.
| Neighborhood | Week ending Dec 16 | w-o-w | Week ending Dec 9 | Week ending Dec 2 | Week ending Nov 25 |
|---|---|---|---|---|---|
| Model City | $106,594 | -0.1% | $106,693 | $109,730 | $126,124 | Miami | $431,688 | -0.2% | $432,655 | $436,558 | $438,269 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Model City | $44 | -55.1% | $58 | $98 | $100 | Miami | $132 | -41.6% | $132 | $226 | $165 |
| Neighborhoods | Week ending Dec 16 |
w-o-w | Week ending Dec 9 |
Week ending Dec 2 |
|---|---|---|---|---|
| Coral Way | 1 | — | 1 | 1 |
| Upper East Side | 2 | +1 | 3 | 2 |
| Wynwood - Edgewater | 3 | -1 | 2 | 3 |
| Northeast Coconut Grove | 4 | +1 | 5 | 4 |
| Southwest Coconut Grove | 5 | -1 | 4 | 5 |
| Flagami | 6 | — | 6 | 6 |
Market Trends
Fair Housing and Equal Opportunity
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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.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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