Market report, updated November 6, 2026
Michigan Place Condo Home Values and Market Report
Search in the subdivision of Michigan Place Condo
Report prepared by
Savenowrealty.com
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Market at a glance
Over the last 12 months, homes sold for 95.2% of list price in 156 days on average.
Homes sold per month Closed sales, last 12 months.
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0
D
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J
0
F
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M
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A
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A
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1
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Where the market stands All homes in this report, by status.
Active2 · 67%
Sold (12 mo)1 · 33%
Buyer's or seller's market? Months it would take to sell every active home at the pace of the last 6 months.
12.0 months of inventory
Seller's, under 4 Balanced Buyer's, over 6
Average price by status
Average days on market
Active 390 days
Sold 156 days
Browse homes by status
Choose a status to see its numbers, charts and listings.
Active
2
$792,500 avg. list
390 days avg.
Sold
1
$457,000 avg. sold
156 days avg.
Active homes
Currently for sale
Homes for sale
2
Average list price
$792,500
Avg. days on market
390 days
Avg. price per ft²
$792
Avg. living area
932 ft²
Avg. beds / baths
1.5 / 1.5
Price vs. living area Each dot is a home. Hover a dot for its address, click it to see the home.
$1.5M $1M $500K $0
Price vs. living area: 2 homes plotted, up to $1.5M and 1,500 ft².
0 ft² 500 1,000 1,500 ft²
How long homes have been listed Number of homes by days on market.
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0–30 days
0
31–90
0
91–180
0
181–365
2
365+
Bedroom mix Number of homes by bedroom count.
2
≤3 bd
0
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft² Top 2 homes in this status.
1600 Michigan Avenue Unit 7 $1,063
1600 Michigan Avenue Unit 1 $522
Every home in this list is on the map.
Click a marker for the home.
Sold homes
Closed in the last 12 months
Homes sold
1
Average sold price
$457,000
Avg. days to sell
156 days
Sold vs. list price
95.2%
Avg. price per ft²
$461
Avg. living area
990 ft²
Price vs. living area Each dot is a home. Hover a dot for its address, click it to see the home.
$600K $400K $200K $0
Price vs. living area: 1 home plotted, up to $600K and 1,500 ft².
0 ft² 500 1,000 1,500 ft²
How long homes took to sell Number of homes by days on market.
0
0–30 days
0
31–90
1
91–180
0
181–365
0
365+
Bedroom mix Number of homes by bedroom count.
1
≤3 bd
0
4 bd
0
5 bd
0
6 bd
0
7 bd
0
8+ bd
Highest price per ft² Top 1 home in this status.
1600 Michigan Avenue Unit 2 $461
Sold price vs. list price How close homes sold to their asking price.
0
Under 95%
1
95–98%
0
98–100%
0
100–102%
0
Over 102%
Every home in this list is on the map.
Click a marker for the home.
Address Beds Baths Living ft² Sold price Sold / list $ / ft² Days to sell
1600 Michigan Avenue Unit 2 Miami Beach, FL 33139
2 2 990 $457,000 95.2% $461 156 days
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.
Savenowrealty.com
Save Now Realty
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