Miami Real Estate Market
The median sale price for homes in Miami over the last 12 months is $56,376.
The median mortgage debt is $62,179.
The price per square foot for listings in this area is $32.
The median sale price in December for single family homes is $84,418. The sale prices dropped by -16.95% from the previous month.
The price per square foot for sales in this area is $57.
The number of active listings in Miami dropped by 33.3% from the previous month.
The median number of days active properties have been listed is 46. This is significantly shorter than the national average.
The number of sales in December dropped by 50% from the previous month.
Miami has a high % of unoccupied properties. It is 14.93% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Miami is 19.96% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.