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Miami

Why you'd want to live in Miami

Dubbed "The Magic City," Miami is one of the most vibrant metro areas in the U.S., and it's well on its way to becoming one of the largest international business hubs in the world. In Miami, each neighborhood reflects its diverse communities and adds to the character of the area and Miami-Dade County. Miami proper draws young professionals with a multitude of trade and banking careers, while Miami Beach still has a party-hard atmosphere. Meanwhile, suburbs such as Key Biscayne, Coral Gables and Doral are popular locations for raising families. Miami's population is very accepting of nontraditional families as well, and plays host to large pride celebrations. When they're not partying, Miami residents can be found taking advantage of their coveted weather by relaxing on the beach or enjoying nearby natural areas, including Biscayne National Park and the Everglades. via realestate.usnews.com

Miami Market Report

$1,305,041

AVERAGE PRICE OF 8,548 HOMES

$1,018,503

AVERAGE PRICE OF 63 DISTRESSED HOMES

$3,234,201

AVERAGE PRICE OF 2,462 MULTI-MILLION DOLLAR HOMES

$2,599,252

AVERAGE PRICE OF 653 NEWLY BUILT HOMES

$2,276,664

AVERAGE PRICE OF 1,244 HOMES WITH A POOL

$952,894

AVERAGE PRICE OF 341 REDUCED PRICE HOMES

Average Home

Average Price $1,305,041
Avg Bedrooms 2.15 beds
Avg Bathrooms 2.01 baths

Average Price by Bedrooms

1 bedroom $474,201
2 bedrooms $681,182
3 bedrooms $1,043,236
4 bedrooms $1,534,545
5 bedrooms $2,441,896
Miami Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 8,467 8,358 8,309 8,078 7,744
Average Price n/a n/a n/a n/a $281,676
Avg Price Change n/a n/a n/a n/a +3.68%
Median Price $168,237 $162,044 $161,767 $145,709 $129,509
Med Price Change +3.82% +0.17% +11.02% +12.51% -1.19%
Avg Bedrooms 2.22 beds 2.33 beds 2.35 beds 2.35 beds 2.37 beds
Avg Bathrooms 1.92 baths 1.91 baths 1.94 baths 1.95 baths 2.01 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 231 $1,027,862 104 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,548 $1,305,041 119 days
Distressed Homes 63 $1,018,503 123 days
Multi-Million Dollar Homes 2,462 $3,234,201 150 days
Newly Built Homes 653 $2,599,252 133 days
Homes with a Pool 1,244 $2,276,664 97 days
Reduced Price Homes 341 $952,894 82 days
America's Best Realty
America Diaz
12900 Southwest 128th Street Suite # 107
Miami, FL 33186
786-258-3735

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