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Miami Home Values and Market Report

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Report prepared by Savenowrealty.com Save Now Realty

Market at a glance

Over the last 12 months, homes sold for 94.4% of list price in 91 days on average.

Average price, last 12 months

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

List · $1.01M Sold · $960K
$1.3M$1.1M$900K$700K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 1,059 sales in Mar. Last month: 771.

Where the market stands

All homes in this report, by status.

21,199homes
Active9,782 · 46%
Under contract940 · 4%
Sold (12 mo)10,477 · 49%

Buyer's or seller's market?

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

11.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$1.33M
Under contract$888K
Sold$830K

Average days on market

Active104 days
Under contract96 days
Sold91 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 9,782
Average list price $1,325,664
Avg. days on market 104 days
Avg. price per ft² $632
Avg. living area 1,589 ft²
Avg. beds / baths 2.6 / 2.4

Charts and listings below cover the 250 highest-priced of 9,782 homes.

Price vs. living area

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

121 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.

$60M$40M$20M$0

Price vs. living area: 127 homes plotted, up to $60M and 30,000 ft².

0 ft²10,00020,00030,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

300 N Biscayne Boulevard Unit PH 6$20,374
851 N Venetian Drive$10,830
15000 SW 200th Street$6,552
1224 S Venetian Way$5,310
770 Lake Road$5,303
175 SE 25th Road Unit UPH01$4,376
4241 Palm Lane$4,104

Active listings (250 of 9,782)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
300 Biscayne Blvd Way Unit 6301Miami, FL 33131 71419,868$75,000,000$3,77482 days
301 SW 8th StreetMiami, FL 33130 ———$68,000,000—313 days
1224 S Venetian WayMiami, FL 33139 689,416$50,000,000$5,310126 days
300 N Biscayne Boulevard Unit PH 6Miami, FL 33132 6102,454$50,000,000$20,374295 days
1129 SW 3rd AvenueMiami, FL 33130 ———$39,500,000—6 days
6699 NW 36th AvenueMiami, FL 33147 ———$39,000,000—77 days
00 104Miami, FL 33196 ———$36,000,000—70 days
275 NE 18th Street Unit CU1- CU11Miami, FL 33132 ———$33,999,999—142 days
851 N Venetian DriveMiami, FL 33139 ———$33,000,000—7 days
851 N Venetian DriveMiami, FL 33139 433,047$33,000,000$10,8307 days
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Questions about this market?

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