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: 13829
Duplex: 25
High Rise (8 or more): 1106
Low Rise (1-3 Floors): 4173
LowRise,Duplex: 10
ManufacturedHouse: 830
Townhouse: 554
Townhouse,Duplex: 5
Villa Attached: 985
Villa Detached: 54

Avg. Asking Price

Single Family: $1,044,198
Duplex: $817,464
High Rise (8 or more): $1,735,054
Low Rise (1-3 Floors): $480,578
LowRise,Duplex: $893,350
ManufacturedHouse: $216,032
Townhouse: $354,147
Townhouse,Duplex: $567,200
Villa Attached: $488,519
Villa Detached: $1,029,357

Avg. Beds & baths

Single Family: 3/2
Duplex: 3/2
High Rise (8 or more): 2/2
Low Rise (1-3 Floors): 2/2
LowRise,Duplex: 2/2
ManufacturedHouse: 2/2
Townhouse: 3/2
Townhouse,Duplex: 3/3
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $474
Duplex: $475
High Rise (8 or more): $739
Low Rise (1-3 Floors): $316
LowRise,Duplex: $632
ManufacturedHouse: $205
Townhouse: $216
Townhouse,Duplex: $368
Villa Attached: $298
Villa Detached: $451

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $398,679
High Rise (8 or more): $1,377,966
Single Family: $725,740
LowRise,Duplex: $444,500
Duplex: $543,906
ManufacturedHouse: $191,257
Villa Attached: $472,115
Villa Detached: $1,263,833
Townhouse: $331,268
Townhouse,Duplex: $588,725

Average Selling Price

Low Rise (1-3 Floors): $371,973
High Rise (8 or more): $1,267,497
Single Family: $678,552
LowRise,Duplex: $407,500
Duplex: $530,494
ManufacturedHouse: $176,607
Villa Attached: $444,786
Villa Detached: $1,191,417
Townhouse: $315,675
Townhouse,Duplex: $561,750

Selling vs Asking Price

Low Rise (1-3 Floors): -6.7%
High Rise (8 or more): -8.02%
Single Family: -6.5%
LowRise,Duplex: -8.32%
Duplex: -2.47%
ManufacturedHouse: -7.66%
Villa Attached: -5.79%
Villa Detached: -5.73%
Townhouse: -4.71%
Townhouse,Duplex: -4.58%

Avg. Days On Market

Single Family: 88
Duplex: 105
High Rise (8 or more): 148
Low Rise (1-3 Floors): 111
LowRise,Duplex: 111
ManufacturedHouse: 116
Townhouse: 99
Townhouse,Duplex: 138
Villa Attached: 110
Villa Detached: 100

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