Henry Billete

Miami Beach

Miami Beach Market Report

$1,626,679

AVERAGE PRICE OF 3,905 HOMES

$470,973

AVERAGE PRICE OF 70 DISTRESSED HOMES

$4,307,153

AVERAGE PRICE OF 1,228 MULTI-MILLION DOLLAR HOMES

$5,533,981

AVERAGE PRICE OF 208 NEWLY BUILT HOMES

$4,886,068

AVERAGE PRICE OF 393 HOMES WITH A POOL

$1,489,018

AVERAGE PRICE OF 1,664 REDUCED PRICE HOMES

Average Home

Average Price $1,626,679
Avg Bedrooms 1.87 beds
Avg Bathrooms 2.24 baths

Average Price by Bedrooms

1 bedroom $410,185
2 bedrooms $926,274
3 bedrooms $2,503,317
4 bedrooms $3,567,750
5 bedrooms $5,153,170
Miami Beach Home Price Trends
  6/2018 5/2018 4/2018 3/2018 2/2018
Total Listings 4,011 4,155 n/a 4,319 4,255
Average Price $1,653,568 $1,652,308 n/a $1,700,461 $1,713,885
Avg Price Change +0.08% n/a n/a -0.79% +0.49%
Median Price $544,541 $543,622 n/a $544,917 $548,319
Med Price Change +0.17% n/a n/a -0.62% -0.11%
Avg Bedrooms 1.9 beds 1.9 beds n/a 2 beds 2 beds
Avg Bathrooms 2.26 baths 2.26 baths n/a 2.4 baths 2.4 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Market
Miami Beach 500 $1,596,155 146 days
Miami Edison 1 $145,000 67 days
Miami Senior 4 $458,000 116 days
North Miami 1 $450,000 318 days
North Miami Beach 3 $2,179,667 79 days
Home Price by House Size
Total Homes Average Price Avg Days on Market
All Homes 3,905 $1,626,679 168 days
Distressed Homes 70 $470,973 175 days
Multi-Million Dollar Homes 1,228 $4,307,153 185 days
Newly Built Homes 208 $5,533,981 199 days
Homes with a Pool 393 $4,886,068 186 days
Reduced Price Homes 1,664 $1,489,018 214 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

10
10

MAST ACADEMY
High School
Public