Henry Billete

Miami Beach

Miami Beach Market Report

$1,616,439

AVERAGE PRICE OF 3,902 HOMES

$585,426

AVERAGE PRICE OF 50 DISTRESSED HOMES

$4,342,317

AVERAGE PRICE OF 1,202 MULTI-MILLION DOLLAR HOMES

$5,476,160

AVERAGE PRICE OF 206 NEWLY BUILT HOMES

$4,904,796

AVERAGE PRICE OF 394 HOMES WITH A POOL

$1,461,028

AVERAGE PRICE OF 1,590 REDUCED PRICE HOMES

Average Home

Average Price $1,616,439
Avg Bedrooms 1.88 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $399,586
2 bedrooms $885,309
3 bedrooms $2,427,804
4 bedrooms $3,398,575
5 bedrooms $5,322,566
Miami Beach Home Price Trends
  9/2018 8/2018 7/2018 6/2018 5/2018
Total Listings 3,814 3,847 3,903 4,011 4,155
Average Price $1,617,289 $1,627,485 $1,631,418 $1,653,568 $1,652,308
Avg Price Change -0.63% -0.24% -1.36% +0.08% n/a
Median Price $529,617 $526,766 $527,855 $544,541 $543,622
Med Price Change +0.54% -0.21% -3.16% +0.17% n/a
Avg Bedrooms 1.89 beds 1.88 beds 1.88 beds 1.9 beds 1.9 beds
Avg Bathrooms 2.24 baths 2.24 baths 2.24 baths 2.26 baths 2.26 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Miami Beach 542 $1,568,567 149 days
Miami Carol City 1 $195,000 112 days
North Miami 1 $425,000 413 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 3,902 $1,616,439 179 days
Distressed Homes 50 $585,426 96 days
Multi-Million Dollar Homes 1,202 $4,342,317 198 days
Newly Built Homes 206 $5,476,160 233 days
Homes with a Pool 394 $4,904,796 206 days
Reduced Price Homes 1,590 $1,461,028 243 days

School Data

Highly Rated Miami Beach Schools

9

EMERSON ELEMENTARY SCHOOL
Elementary School
Public

10

MANATEE BAY ELEMENTARY SCHOOL
Elementary School
Public

10

NORTH BEACH ELEMENTARY SCHOOL
Elementary School
Public

8

SABAL PALM ELEMENTARY SCHOOL
Elementary School
Public

9

SOUTH POINTE ELEMENTARY SCHOOL
Elementary School
Public

10

ADA MERRITT K-8 CENTER
Middle School
Public