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Miami Home Values and Market Report

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Report prepared by Southflhomes.com

Market at a glance

Over the last 12 months, homes sold for 94.2% of list price in 82 days on average.

Average price, last 12 months

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

List · $810K Sold · $743K
$820K$710K$600K$490K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 70 sales in Apr. Last month: 41.

Where the market stands

All homes in this report, by status.

1,029homes
Active366 · 36%
Under contract40 · 4%
Sold (12 mo)623 · 61%

Buyer's or seller's market?

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

7.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.04M
Under contract$639K
Sold$618K

Average days on market

Active176 days
Under contract93 days
Sold82 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 366
Average list price $1,042,228
Avg. days on market 176 days
Avg. price per ft² $585
Avg. living area 1,434 ft²
Avg. beds / baths 2.5 / 2.3

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.

16 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: 232 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.

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

Highest price per ft²

Top 7 homes among the newest.

2900 BRICKELL Avenue$3,173
175 SE 25th Road Unit 2801$2,223
1040 N VENETIAN Drive$2,218
2831 S Bayshore Drive Unit 2204$2,197
398 NE 5th Street Unit 3907$1,923
1400 Biscayne Boulevard Unit 5104$1,645
1425 BRICKELL Avenue Unit 41A$1,613

All active listings (366)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
45 SW 9th StreetMiami, FL 33130 11620$449,000$7241 day
1425 BRICKELL Avenue Unit 41AMiami, FL 33131 221,728$2,788,000$1,6132 days
20420 HIGHLAND LAKES BoulevardMiami, FL 33179 532,850$2,400,000$8422 days
6506 SW 113TH PlaceMiami, FL 33173 321,378$450,000$3263 days
600 NE 36TH Street Unit T8Miami, FL 33137 12757$410,000$5413 days
2900 BRICKELL AvenueMiami, FL 33129 787,720$24,500,000$3,1737 days
20106 SW 123RD DriveMiami, FL 33177 321,056$400,000$3784 days
1300 BRICKELL BAY Drive Unit 2408Miami, FL 33131 11701$639,000$9116 days
710 NE 161ST StreetMiami, FL 33162 321,324$510,000$3856 days
3654 NW 13TH StreetMiami, FL 33125 431,670$639,000$3826 days
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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.

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