Miami Real Estate Market
The median sale price for homes in Miami over the last 12 months is $58,000.
The median mortgage debt is $37,326.
The price per square foot for listings in this area is $35.
The median sale price in January for single family homes is $38,250. The sale prices dropped by -57.53% from the previous month.
The price per square foot for sales in this area is $32.
The median number of days active properties have been listed is 66. This is significantly shorter than the national average.
The number of sales in January dropped by 84.6% from the previous month.
The percent of rental properties in Miami is 10.52% above the national average which is typical for urban areas.
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