| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | $175,000 | -19.4% | $191,600 | $217,000 | $231,000 |
| 2 bedrooms | $370,000 | -5.1% | $405,500 | $390,000 | $376,400 |
| 3 bedrooms | $900,000 | +12.5% | $648,000 | $800,000 | $690,000 |
| 4 bedrooms | $950,000 | -15.6% | $631,000 | $1,125,000 | $682,500 | All properties | $275,000 | -27.9% | $318,500 | $381,600 | $273,150 |
The median sales price for homes in Miami Beach FL for Sep 09 to Nov 09 was $275,000. This represents a decline of 13.7%, or $43,500, compared to the prior quarter and a decrease of 27.9% compared to the prior year. Sales prices have appreciated 0.7% over the last 5 years in Miami Beach.
The average listing price for Miami Beach homes for sale on Trulia was $1,014,177 for the week ending Dec 08, which represents an increase of 0%, or $142, compared to the prior week and an increase of 1.4%, or $13,808, compared to the week ending Nov 17. Average price per square foot for Miami Beach FL was $293, a decrease of 24.5% compared to the same period last year. Popular neighborhoods in Miami Beach include Oceanfront, West Avenue, South Pointe, Normandy Isles, City Center, and La Gorce.
| No. Bedrooms | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 1 bedroom | $317,452 | -1.1% | $320,840 | $325,158 | $322,223 |
| 2 bedrooms | $726,385 | -1.3% | $735,948 | $750,264 | $740,189 |
| 3 bedrooms | $1,662,432 | -0.1% | $1,664,672 | $1,680,858 | $1,669,683 |
| 4 bedrooms | $2,762,253 | -0.1% | $2,764,728 | $2,823,791 | $2,799,078 | All properties | $1,014,177 | 0.0% | $1,014,035 | $1,016,690 | $1,000,369 |
| No. Bedrooms | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 1 bedroom | $269 | -22.0% | $322 | $345 | $297 |
| 2 bedrooms | $330 | -12.9% | $377 | $379 | $325 |
| 3 bedrooms | $414 | -25.4% | $399 | $555 | $359 |
| 4 bedrooms | $397 | -62.4% | $320 | $1,056 | $290 | All properties | $293 | -24.5% | $311 | $388 | $314 |
| Neighborhoods | Week ending Dec 9 |
w-o-w | Week ending Dec 2 |
Week ending Nov 25 |
|---|---|---|---|---|
| Oceanfront | 1 | — | 1 | 1 |
| West Avenue | 2 | +1 | 3 | 2 |
| South Pointe | 3 | -1 | 2 | 3 |
| Normandy Isles | 4 | — | 4 | 4 |
| City Center | 5 | +1 | 6 | 6 |
| La Gorce | 6 | -1 | 5 | 5 |
Market Trends
Fair Housing and Equal Opportunity|
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.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. 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.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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