Miami, FL, Real Estate
Miami currently has 16 single family homes for sale with an average list price of $1,050,806, 3 townhouses for sale with an average list price of $548,300, 12 condos for sale with an average list price of $478,108, and 2 lots for sale with an average list price of $800,000. The average annual property tax for Miami is $4,871.
Browse Miami
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Miami, i.e. what's hot and what's not.
See What's Hot & What's Not in Miami
Market Trends
Miami home sales for the month of October rose in volume by 300% when compared to last year, while the median sale price rose by 125% from $230,000 to $517,500. House sales stayed the same, while the median sale price stayed the same. Condo sales stayed the same, while the median sale price rose by 7.4% from $230,000 to $247,000. Townhouse sales stayed the same, while the median sale price stayed the same.
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16
|
23
|
41
|
54
|
| 2020 | 2021 | 2022 | 2023 |
| # of sales per year | |||
|
$360,250
|
$440,000
|
$460,000
|
$530,000
|
| 2020 | 2021 | 2022 | 2023 |
| median sale price per year | |||
Median Sale Price for Miami
Number of Sales for Miami
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