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  • Miami Market Report

    $716,714

    AVERAGE PRICE OF 13,461 HOMES

    $318,495

    AVERAGE PRICE OF 565 DISTRESSED HOMES

    $2,597,232

    AVERAGE PRICE OF 1,884 MULTI-MILLION DOLLAR HOMES

    $1,145,581

    AVERAGE PRICE OF 1,543 NEWLY BUILT HOMES

    $1,221,394

    AVERAGE PRICE OF 1,264 HOMES WITH A POOL

    $680,626

    AVERAGE PRICE OF 364 REDUCED PRICE HOMES

    Average Home

    Average Price $716,714
    Avg Bedrooms 2.19 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $337,211
    2 bedrooms $481,026
    3 bedrooms $633,716
    4 bedrooms $900,816
    5 bedrooms $1,485,551
    Miami Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 13,554 13,518 13,261 12,833 13,097
    Average Price $715,017 $713,288 $716,263 $724,844 $723,921
    Avg Price Change +0.24% -0.42% -1.20% +0.13% +1.65%
    Median Price $410,000 $410,000 $410,661 $415,153 $414,695
    Med Price Change 0.00% -0.16% -1.09% +0.11% +0.84%
    Avg Bedrooms 2.21 beds 2.21 beds 2.18 beds 2.17 beds 2.17 beds
    Avg Bathrooms 2.06 baths 2.06 baths 2.04 baths 2.04 baths 2.03 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Coral Gables 201 $1,325,616 142 days
    Miami Killian 138 $574,456 75 days
    Miami Senior 103 $753,359 135 days
    South Miami 139 $646,746 109 days
    Washington; Brooker T 192 $608,821 159 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 13,461 $716,714 160 days
    Distressed Homes 565 $318,495 124 days
    Multi-Million Dollar Homes 1,884 $2,597,232 200 days
    Newly Built Homes 1,543 $1,145,581 179 days
    Homes with a Pool 1,264 $1,221,394 129 days
    Reduced Price Homes 364 $680,626 115 days