Miami

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The City of Miami is multicultural with Little Haiti and Little Havana, Wynwood, Mid-Town, Brickell and Coconut Grove residing within. The downtown hosts many national and multinational companies. Entertainment consists of Bayside Market Place, Perez Art Museum, Frost Museum of Science and the American Airlines Arena where the Miami Heat play and many concerts are held.

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Active Properties Statistics

Properties On Market

Single Family: 11638
Duplex: 12
High Rise (8 or more): 1016
Low Rise (1-3 Floors): 3681
Manufactured House: 423
ManufacturedHouse: 270
Mid Rise (4-7 Floors): 1012
Townhouse: 482
Villa Attached: 835
Villa Detached: 57

Avg. Asking Price

Single Family: $1,085,321
Duplex: $780,525
High Rise (8 or more): $1,906,554
Low Rise (1-3 Floors): $449,740
Manufactured House: $204,588
ManufacturedHouse: $230,270
Mid Rise (4-7 Floors): $1,231,970
Townhouse: $350,707
Villa Attached: $490,165
Villa Detached: $1,075,146

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 3/2
Low Rise (1-3 Floors): 2/2
Manufactured House: 2/2
ManufacturedHouse: 2/2
Mid Rise (4-7 Floors): 2/2
Townhouse: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $811
Duplex: $327
High Rise (8 or more): $756
Low Rise (1-3 Floors): $303
Manufactured House: $192
ManufacturedHouse: $219
Mid Rise (4-7 Floors): $535
Townhouse: $213
Villa Attached: $293
Villa Detached: $459

Sold Properties

Average Asking Price

ManufacturedHouse: $181,304
Low Rise (1-3 Floors): $381,451
Mid Rise (4-7 Floors): $575,162
High Rise (8 or more): $1,426,406
Single Family: $793,030
Villa Attached: $411,707
Manufactured House: $184,799
Villa Detached: $1,150,754
Townhouse: $332,946

Average Selling Price

ManufacturedHouse: $166,012
Low Rise (1-3 Floors): $358,516
Mid Rise (4-7 Floors): $537,450
High Rise (8 or more): $1,311,886
Single Family: $747,571
Villa Attached: $395,285
Manufactured House: $173,997
Villa Detached: $1,070,115
Townhouse: $318,794

Selling vs Asking Price

ManufacturedHouse: -8.43%
Low Rise (1-3 Floors): -6.01%
Mid Rise (4-7 Floors): -6.56%
High Rise (8 or more): -8.03%
Single Family: -5.73%
Villa Attached: -3.99%
Manufactured House: -5.85%
Villa Detached: -7.01%
Townhouse: -4.25%

Avg. Days On Market

Single Family: 87
High Rise (8 or more): 139
Low Rise (1-3 Floors): 114
Manufactured House: 77
ManufacturedHouse: 109
Mid Rise (4-7 Floors): 121
Townhouse: 78
Villa Attached: 89
Villa Detached: 98

* These market statistics are not guaranteed to be accurate. The statistics are meant only as an estimate. Contact your agent for more detailed statistics.