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Miami Home Values and Market Report

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Adam Silver - LPT Realty logo
Report prepared by Findhomes305.com Adam Silver - LPT Realty

Market at a glance

Over the last 12 months, homes sold for 94.1% of list price in 87 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $948K Sold · $903K
$950K$890K$830K$770K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,175 sales in Mar. Last month: 922.

Where the market stands

All homes in this report, by status.

23,011homes
Active10,357 · 45%
Under contract929 · 4%
Sold (12 mo)11,725 · 51%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

10.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.26M
Under contract$882K
Sold$836K

Average days on market

Active92 days
Under contract93 days
Sold87 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 10,357
Average list price $1,258,944
Avg. days on market 92 days
Avg. price per ft² $633
Avg. living area 1,586 ft²
Avg. beds / baths 2.6 / 2.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

59 homes didn’t report living area and aren’t shown.

2 homes are larger or pricier than this chart’s scale and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 189 homes plotted, up to $6M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

1 home didn’t report days on market and isn’t shown.

Bedroom mix

Number of homes by bedroom count.

2,653 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes among the newest.

607 Melaleuca Ln$1,948
2411 Laguna Circle Unit #3206$1,695
1425 Brickell Avenue Unit #41A$1,613
788 Ne 23rd St Unit #1501$1,511
430 Ne 29th St Unit #1902$1,420
1000 Brickell Plz Unit #PH5805$1,375
77 Se 5th St Unit #2508$1,276

All active listings (10,357)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
4260 Sw 14th StMiami, FL 33134 21852$580,000$6800 days
9145 Nw 27th AveMiami, FL 33147 ———$1,350,000—0 days
641 Sw 31st AveMiami, FL 33135 321,617$769,000$4750 days
5495 Sw 68th AveMiami, FL 33155 321,826$1,185,000$6480 days
200 Biscayne Boulevard Way Unit #701Miami, FL 33131 12938$720,000$7670 days
398 Ne 5th St Unit #1708Miami, FL 33132 11485$490,000$1,0100 days
15067 Sw 103rd Ter Unit #14205Miami, FL 33196 11579$235,000$4050 days
1620 Sw 30th AveMiami, FL 33145 432,664$1,200,000$4500 days
460 Ne 28th St Unit #2603Miami, FL 33137 221,107$735,000$6630 days
9725 Fontainebleau Blvd Unit #A212Miami, FL 33172 221,067$349,900$3274 days
Adam Silver - LPT Realty logo

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Findhomes305.com Adam Silver - LPT Realty

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