| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| North Shores | $177,188 | -39.8% | $236,300 | $294,500 | $260,000 | Miami Beach | $288,000 | -22.4% | $330,000 | $371,250 | $270,000 |
The median sales price for homes in North Shores for Aug 09 to Oct 09 was $177,188. This represents a decline of 25%, or $59,112, compared to the prior quarter and a decrease of 39.8% compared to the prior year. Sales prices have depreciated 31.9% over the last 5 years in North Shores, Miami Beach.
The median sales price of $177,188 for North Shores is 38.48% lower than the median sales price for Miami Beach FL. Average listing price for homes on Trulia in North Shores was $575,192 for the week ending Nov 25, which represents a decline of 1%, or $5,698 compared to the prior week and was unchanged compared to the week ending Nov 04. Average price per square foot for homes in North Shores was $220 in the most recent quarter, which is 25.42% lower than the average price per square foot for homes in Miami Beach.
| Neighborhood | Week ending Nov 25 | w-o-w | Week ending Nov 18 | Week ending Nov 11 | Week ending Nov 4 |
|---|---|---|---|---|---|
| North Shores | $575,192 | -1.0% | $580,890 | $572,833 | $575,297 | Miami Beach | $1,017,991 | +1.7% | $1,001,363 | $986,624 | $996,208 |
| Neighborhood | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| North Shores | $220 | -29.3% | $237 | $311 | $280 | Miami Beach | $295 | -36.6% | $321 | $465 | $306 |
| Neighborhoods | Week ending Nov 25 |
w-o-w | Week ending Nov 18 |
Week ending Nov 11 |
|---|---|---|---|---|
| Oceanfront | 1 | — | 1 | 1 |
| West Avenue | 2 | +1 | 3 | 2 |
| South Pointe | 3 | -1 | 2 | 3 |
| Normandy Isles | 4 | — | 4 | 4 |
| La Gorce | 5 | — | 5 | 5 |
| City Center | 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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