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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

$1,354,019

AVERAGE PRICE OF 8,201 HOMES

$932,177

AVERAGE PRICE OF 72 DISTRESSED HOMES

$3,279,532

AVERAGE PRICE OF 2,465 MULTI-MILLION DOLLAR HOMES

$2,702,115

AVERAGE PRICE OF 633 NEWLY BUILT HOMES

$2,418,973

AVERAGE PRICE OF 1,181 HOMES WITH A POOL

$1,079,960

AVERAGE PRICE OF 317 REDUCED PRICE HOMES

Average Home

Average Price $1,354,019
Avg Bedrooms 2.17 beds
Avg Bathrooms 2.04 baths

Average Price by Bedrooms

1 bedroom $471,393
2 bedrooms $716,071
3 bedrooms $1,072,335
4 bedrooms $1,590,958
5 bedrooms $2,433,707
Miami Home Price Trends
  2/2024 1/2024 12/2023 11/2023 10/2023
Total Listings 8,078 7,744 7,603 7,535 7,258
Average Price n/a $281,676 $271,680 $244,449 $186,352
Avg Price Change n/a +3.68% +11.14% +31.18% +61.68%
Median Price $145,709 $129,509 $131,044 $126,329 $101,384
Med Price Change +12.51% -1.19% +3.73% +24.60% +58.27%
Avg Bedrooms 2.35 beds 2.37 beds 2.34 beds 2.52 beds 2.57 beds
Avg Bathrooms 1.95 baths 2.01 baths 1.99 baths 2.09 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Washington; Brooker T 186 $1,147,365 89 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 8,201 $1,354,019 115 days
Distressed Homes 72 $932,177 116 days
Multi-Million Dollar Homes 2,465 $3,279,532 147 days
Newly Built Homes 633 $2,702,115 132 days
Homes with a Pool 1,181 $2,418,973 102 days
Reduced Price Homes 317 $1,079,960 92 days
America's Best Realty
America Diaz
12900 Southwest 128th Street Suite # 107
Miami, FL 33186
786-258-3735

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