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: 13475
Duplex: 28
High Rise (8 or more): 990
Low Rise (1-3 Floors): 3835
LowRise,Duplex: 12
ManufacturedHouse: 801
Townhouse: 497
Townhouse,Duplex: 6
Villa Attached: 944
Villa Detached: 47

Avg. Asking Price

Single Family: $1,009,501
Duplex: $759,716
High Rise (8 or more): $1,657,071
Low Rise (1-3 Floors): $471,227
LowRise,Duplex: $819,658
ManufacturedHouse: $217,625
Townhouse: $353,561
Townhouse,Duplex: $560,983
Villa Attached: $471,576
Villa Detached: $968,570

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: 2/2

Avg. Asking Price Per Sqft

Single Family: $470
Duplex: $421
High Rise (8 or more): $732
Low Rise (1-3 Floors): $313
LowRise,Duplex: $569
ManufacturedHouse: $203
Townhouse: $218
Townhouse,Duplex: $333
Villa Attached: $292
Villa Detached: $418

Sold Properties

Average Asking Price

Single Family: $703,207
High Rise (8 or more): $1,510,515
Low Rise (1-3 Floors): $394,677
LowRise,Duplex: $269,000
Duplex: $553,156
ManufacturedHouse: $202,775
Villa Attached: $482,723
Villa Detached: $981,979
Townhouse: $339,911
Townhouse,Duplex: $451,667

Average Selling Price

Single Family: $657,194
High Rise (8 or more): $1,381,508
Low Rise (1-3 Floors): $367,816
LowRise,Duplex: $269,000
Duplex: $533,056
ManufacturedHouse: $185,474
Villa Attached: $449,621
Villa Detached: $926,964
Townhouse: $324,003
Townhouse,Duplex: $424,000

Selling vs Asking Price

Single Family: -6.54%
High Rise (8 or more): -8.54%
Low Rise (1-3 Floors): -6.81%
LowRise,Duplex: N/A
Duplex: -3.63%
ManufacturedHouse: -8.53%
Villa Attached: -6.86%
Villa Detached: -5.6%
Townhouse: -4.68%
Townhouse,Duplex: -6.13%

Avg. Days On Market

Single Family: 89
Duplex: 102
High Rise (8 or more): 136
Low Rise (1-3 Floors): 109
LowRise,Duplex: 83
ManufacturedHouse: 114
Townhouse: 94
Townhouse,Duplex: 156
Villa Attached: 103
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.