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: 15166
Duplex: 36
High Rise (8 or more): 1152
Low Rise (1-3 Floors): 4333
LowRise,Duplex: 11
ManufacturedHouse: 866
Townhouse: 574
Townhouse,Duplex: 9
Villa Attached: 1078
Villa Detached: 55

Avg. Asking Price

Single Family: $1,062,815
Duplex: $799,244
High Rise (8 or more): $1,667,166
Low Rise (1-3 Floors): $466,285
LowRise,Duplex: $912,000
ManufacturedHouse: $221,303
Townhouse: $355,917
Townhouse,Duplex: $568,333
Villa Attached: $499,682
Villa Detached: $940,880

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: $476
Duplex: $440
High Rise (8 or more): $735
Low Rise (1-3 Floors): $314
LowRise,Duplex: $654
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $345
Villa Attached: $303
Villa Detached: $432

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $401,397
Single Family: $752,175
High Rise (8 or more): $1,658,347
LowRise,Duplex: $284,000
Duplex: $401,579
ManufacturedHouse: $195,248
Villa Detached: $1,090,096
Villa Attached: $484,603
Townhouse: $360,488
Townhouse,Duplex: $522,000

Average Selling Price

Low Rise (1-3 Floors): $375,902
Single Family: $704,453
High Rise (8 or more): $1,511,019
LowRise,Duplex: $252,000
Duplex: $363,000
ManufacturedHouse: $178,040
Villa Detached: $1,030,446
Villa Attached: $456,140
Townhouse: $342,851
Townhouse,Duplex: $497,000

Selling vs Asking Price

Low Rise (1-3 Floors): -6.35%
Single Family: -6.34%
High Rise (8 or more): -8.88%
LowRise,Duplex: -11.27%
Duplex: -9.61%
ManufacturedHouse: -8.81%
Villa Detached: -5.47%
Villa Attached: -5.87%
Townhouse: -4.89%
Townhouse,Duplex: -4.79%

Avg. Days On Market

Single Family: 83
Duplex: 108
High Rise (8 or more): 144
HighRise,Duplex: 179
Low Rise (1-3 Floors): 91
LowRise,Duplex: 94
ManufacturedHouse: 98
Townhouse: 70
Townhouse,Duplex: 91
Villa Attached: 77
Villa Detached: 114

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