Miami Beach Real Estate Market
The median sale price for homes in Miami Beach over the last 12 months is $218,000.
The median mortgage debt is $95,280.
The median sale price in March for single family homes is $699,000. The sale prices dropped by -31.13% from the previous month.
The price per square foot for sales in this area is $381.
The number of active listings in Miami Beach increased by 172.5% from the previous month.
The median number of days active properties have been listed is 722. This is much longer than the national average.
The number of sales in March dropped by 70% from the previous month.
Miami Beach has a high % of unoccupied properties. It is 15.48% more than the national average. This can drive sales prices down.
The percent of owner occupied properties in Miami Beach is 33.96% below the national average.
The percent of rental properties in Miami Beach is 21.28% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
