Miami Real Estate Market
The median sale price for homes in Miami over the last 12 months is $61,968.
The median mortgage debt is $62,117.
The price per square foot for listings in this area is $39.
The median sale price in February for single family homes is $35,000. The sale prices dropped by -56.88% from the previous month.
The price per square foot for sales in this area is $91.
The median number of days active properties have been listed is 1. This is significantly shorter than the national average.
The number of sales in February dropped by 50% from the previous month.
Miami has a high % of unoccupied properties. It is 10.62% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Miami is 10.05% below the national average.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
