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Miami Beach Real Estate Overview

Today, November 25, 2009

Market View for Miami Beach

Info
Avg. Listing Price $1,001,363 Wk ending Nov 18
+$14,739
+1.5%
w-o-w
Median Sales Price $288,000 Aug '09 - Oct '09
-$83,250
-22.4%
y-o-y
4,912Homes For Sale 0Open Homes
1,512Recently Sold 763Foreclosures

Market Trends for Miami Beach

Embed Info
Listing price – Miami Beach
Average Listing Price
$1,001,363
+1.5%
w-o-w
Median Sales Price
$288,000
-22.4%
y-o-y
Average price/sqft
$295
-36.6%
y-o-y
Number of Sales
604
-3.8%
y-o-y
More Miami Beach Market Trends
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Home Prices for Miami Beach

Info
google map tile
Most popular
neighborhoods
Avg. listing price
Week ending Nov 18
 
w-o-w

Oceanfront
$647,326
+1.7%
South Pointe
$1,492,454
+0.2%
West Avenue
$377,606
+0.2%
Normandy Isles
$360,649
-2.7%
La Gorce
$2,726,860
-1.3%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

Nautilus
$1,453,843
-9.5%
Normandy Shores
$505,320
-6.8%
Fisher Island
$3,271,249
+5.2%
Bayshore
$1,233,788
-5.0%
Biscayne Point
$969,636
-3.1%
 
View Miami Beach Home Prices Map
 

Miami Beach Summary

Average price per square foot for Miami Beach FL was $295, a decrease of 36.6% compared to the same period last year. The median sales price for homes in Miami Beach FL for Aug 09 to Oct 09 was $288,000 based on 604 home sales. Compared to the same period one year ago, the median home sales price decreased 22.4%, or $83,250, and the number of home sales decreased 3.8%.

There are currently 4,912 resale and new homes in Miami Beach on Trulia, including 763 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Miami Beach FL was $1,001,363 for the week ending Nov 18, which represents an increase of 1.5%, or $14,739, compared to the prior week. Popular neighborhoods in Miami Beach include Oceanfront and South Pointe, with average listing prices of $647,326 and $1,492,454.

 

Community Info for Miami Beach

Info
More Miami Beach Community Info

Homes for Sale in Miami Beach

1228 West Avenue #1201, Miami Beach FL
1228 West…
$359,000
2 br  2 ba
6917 Collins Avenue #920, Miami Beach FL
6917 Colli…
$199,500
1 br  1 ½ ba
100 Lincoln Road #604, Miami Beach FL
100 Lincoln…
$255,000
  1 ba
400 South Pointe Drive #1910, Miami Beach FL
400 S Poin…
$1,095,000
3 br  2 ½ ba
4441 Collins Avenue, Miami Beach FL
4441 Colli…
$1,195,000
2 br  3 ba
610 8th Street #101, Miami Beach FL
610 8th St…
$185,000
2 br  2 ba
View all Miami Beach Homes for Sale
 
Stats & Trends
Miami Beach

Real Estate Overview

Market Trends

Home Prices Map

Community Info

Neighborhoods

Oceanfront

South Pointe

View more neighborhoods or ZIPs
  • Bayshore
  • Biscayne Point
  • City Center
  • Fisher Island
  • Flamingo / Lummus
  • La Gorce
  • Nautilus
  • Normandy Isles
  • Normandy Shores
  • North Shores
  • Oceanfront
  • South Pointe
  • Venetian Islands
  • West Avenue
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  • 33109
  • 33119
  • 33139
  • 33140
  • 33141
  • 33154
  • 33239
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Nearby Cities

Cities
Median
sales price
Average
listing price
Doral
$202,500
$341,760
Virginia Gardens
$80,000
$273,083
Medley
$321,250
$341,045
Miami Springs
$253,250
$284,405
West Miami
$163,750
$353,930
Coral Gables
$468,500
$1,622,160
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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