Miami Real Estate Market
The median sale price for homes in Miami over the last 12 months is $186,450.
The median mortgage debt is $78,684.
The price per square foot for listings in this area is $183.
The median sale price in March for single family homes is $210,000. The sale prices increased by 23.49% from the previous month.
The price per square foot for sales in this area is $180.
The number of active listings in Miami increased by 190.2% from the previous month.
The median number of days active properties have been listed is 693. This is much longer than the national average.
The number of sales in March dropped by 92.3% from the previous month.
The percent of owner occupied properties in Miami is 32% below the national average.
The percent of rental properties in Miami is 35.74% above the national average which is typical for urban areas.
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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.
