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: 16170
Duplex: 37
High Rise (8 or more): 1222
Low Rise (1-3 Floors): 4619
LowRise,Duplex: 12
ManufacturedHouse: 955
Townhouse: 605
Townhouse,Duplex: 8
Villa Attached: 1143
Villa Detached: 55

Avg. Asking Price

Single Family: $1,052,022
Duplex: $752,972
High Rise (8 or more): $1,637,597
Low Rise (1-3 Floors): $465,311
LowRise,Duplex: $874,583
ManufacturedHouse: $219,683
Townhouse: $352,106
Townhouse,Duplex: $624,738
Villa Attached: $491,933
Villa Detached: $1,006,240

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: $466
Duplex: $413
High Rise (8 or more): $726
Low Rise (1-3 Floors): $313
LowRise,Duplex: $615
ManufacturedHouse: $203
Townhouse: $219
Townhouse,Duplex: $369
Villa Attached: $299
Villa Detached: $449

Sold Properties

Average Asking Price

Low Rise (1-3 Floors): $385,004
Single Family: $718,780
High Rise (8 or more): $1,532,523
LowRise,Duplex: $284,000
Duplex: $582,179
ManufacturedHouse: $202,888
Villa Detached: $1,000,622
Villa Attached: $493,760
Townhouse: $360,038
Townhouse,Duplex: $479,800

Average Selling Price

Low Rise (1-3 Floors): $359,746
Single Family: $671,457
High Rise (8 or more): $1,399,824
LowRise,Duplex: $252,000
Duplex: $560,636
ManufacturedHouse: $184,096
Villa Detached: $951,153
Villa Attached: $462,520
Townhouse: $340,986
Townhouse,Duplex: $453,200

Selling vs Asking Price

Low Rise (1-3 Floors): -6.56%
Single Family: -6.58%
High Rise (8 or more): -8.66%
LowRise,Duplex: -11.27%
Duplex: -3.7%
ManufacturedHouse: -9.26%
Villa Detached: -4.94%
Villa Attached: -6.33%
Townhouse: -5.29%
Townhouse,Duplex: -5.54%

Avg. Days On Market

Single Family: 67
Duplex: 71
High Rise (8 or more): 113
HighRise,Duplex: 179
Low Rise (1-3 Floors): 74
LowRise,Duplex: 60
ManufacturedHouse: 77
ManufacturedHouse,Duplex: 12
Townhouse: 57
Townhouse,Duplex: 67
Villa Attached: 65
Villa Detached: 94

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