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Miami Beach Home Values and Market Report

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Southflhomes.com
Report prepared by Southflhomes.com

Market at a glance

Over the last 12 months, homes sold for 91.8% of list price in 117 days on average.

Average price, last 12 months

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

List · $809K Sold · $762K
$4.8M$3.3M$1.8M$300K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Sep. Last month: 10.

Where the market stands

All homes in this report, by status.

144homes
Active73 · 51%
Under contract4 · 3%
Sold (12 mo)67 · 47%

Buyer's or seller's market?

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

11.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$906K
Under contract$6.54M
Sold$1.87M

Average days on market

Active124 days
Under contract210 days
Sold117 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 73
Average list price $906,284
Avg. days on market 124 days
Avg. price per ft² $695 Based on 66 of 73 homes
Avg. living area 1,184 ft² Based on 66 of 73 homes
Avg. beds / baths 1.9 / 1.8

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 65 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.

Bedroom mix

Number of homes by bedroom count.

13 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

5262 LA GORCE Drive$2,015
2301 COLLINS Avenue Unit 407$1,934
580 72nd Street Unit 1102$1,894
4391 Collins Avenue Unit 1913$1,679
5959 COLLINS Avenue Unit 1203$1,510
4391 Collins Avenue Unit 623$1,410
5875 COLLINS Avenue Unit 1606$1,380

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5262 LA GORCE DriveMiami Beach, FL 33140 453,223$6,495,000$2,01515 days
5959 COLLINS Avenue Unit 1203Miami Beach, FL 33140 453,640$5,499,000$1,51014 days
828 Pennsylvania AvenueMiami Beach, FL 33139 ———$2,800,000—261 days
2301 COLLINS Avenue Unit 407Miami Beach, FL 33139 221,230$2,380,000$1,93452 days
5500 Collins Avenue Unit 302Miami Beach, FL 33140 232,827$2,300,000$813215 days
1680 Michigan Avenue Unit 817,K-PMiami Beach, FL 33139 ———$2,250,000—7 days
625 MICHIGAN AvenueMiami Beach, FL Not Provided ———$2,200,000—58 days
2183 Bay DriveMiami Beach, FL 33141 452,150$1,900,000$883167 days
927 4th StreetMiami Beach, FL 33139 321,892$1,699,000$897100 days
927 4th StreetMiami Beach, FL 33139 ———$1,699,000—118 days
Southflhomes.com

Questions about this market?

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