South Miami Real Estate Market

South Miami Market

The median sale price for homes in South Miami over the last 12 months is $200,000.


The median mortgage debt is $104,663.

Additional Statistics for Single Family Homes and Condos in South Miami, FL
$469,000
Median Listing Price
45
Median Days on Market
18
Active Listings
16.7%
Distressed Listings
(foreclosures and short sales)
South Miami, FL Price Trends - Sold vs. Listed
The median list price in May for single family homes in South Miami is $519,000. The list prices dropped by -1.89% from the previous month.

The price per square foot for listings in this area is $222.

The median sale price in December for single family homes is $275,833. The sale prices dropped by -9.56% from the previous month.

The price per square foot for sales in this area is $148.

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South Miami, FL Market Inventory Trends

The number of active listings in South Miami increased by 27.3% from the previous month.

The median number of days active properties have been listed is 50. This is significantly shorter than the national average.

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South Miami, FL Property Ownership

The percent of rental properties in South Miami is 15.65% 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.