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: 15297
Duplex: 38
High Rise (8 or more): 1194
Low Rise (1-3 Floors): 4419
LowRise,Duplex: 12
ManufacturedHouse: 881
Townhouse: 603
Townhouse,Duplex: 10
Villa Attached: 1110
Villa Detached: 58

Avg. Asking Price

Single Family: $1,072,260
Duplex: $862,729
High Rise (8 or more): $1,696,335
Low Rise (1-3 Floors): $462,820
LowRise,Duplex: $849,992
ManufacturedHouse: $223,663
Townhouse: $359,144
Townhouse,Duplex: $549,300
Villa Attached: $507,878
Villa Detached: $934,625

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: 3/2
Villa Attached: 2/2
Villa Detached: 3/2

Avg. Asking Price Per Sqft

Single Family: $479
Duplex: $456
High Rise (8 or more): $740
Low Rise (1-3 Floors): $313
LowRise,Duplex: $630
ManufacturedHouse: $205
Townhouse: $219
Townhouse,Duplex: $352
Villa Attached: $309
Villa Detached: $431

Sold Properties

Average Asking Price

High Rise (8 or more): $1,925,840
Single Family: $837,942
Low Rise (1-3 Floors): $419,776
LowRise,Duplex: $492,000
Duplex: $401,256
ManufacturedHouse: $191,159
Villa Attached: $489,321
Villa Detached: $1,215,009
Townhouse: $370,056
Townhouse,Duplex: $484,333

Average Selling Price

High Rise (8 or more): $1,746,242
Single Family: $776,153
Low Rise (1-3 Floors): $393,660
LowRise,Duplex: $437,500
Duplex: $367,857
ManufacturedHouse: $175,377
Villa Attached: $462,046
Villa Detached: $1,142,686
Townhouse: $352,662
Townhouse,Duplex: $461,333

Selling vs Asking Price

High Rise (8 or more): -9.33%
Single Family: -7.37%
Low Rise (1-3 Floors): -6.22%
LowRise,Duplex: -11.08%
Duplex: -8.32%
ManufacturedHouse: -8.26%
Villa Attached: -5.57%
Villa Detached: -5.95%
Townhouse: -4.7%
Townhouse,Duplex: -4.75%

Avg. Days On Market

Single Family: 83
Duplex: 45
High Rise (8 or more): 121
Low Rise (1-3 Floors): 95
LowRise,Duplex: 231
ManufacturedHouse: 95
Townhouse: 93
Townhouse,Duplex: 91
Villa Attached: 83
Villa Detached: 88

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