Property prices for sale in Miami (Florida)

The prices in real estate in Miami, in the Florida region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$860,432.5
Average price last 6 months
$2,377
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Miami has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $3,692. In the following month the price per sq.feet increased to $4,192. The price for the following two months in (May, June) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2,851.5 to $1,428 during July, and August.

Average price

Based upon to the price in Miami (cities), this has gone downing the last 6 months. In our first sample month during March, the average price is $938,243. In April This price remains at $931,247. In the following two months the average price has remained the same with regard to the previous two months from $934,745 to $919,748. During the last two months the average price has had a strong fall compared to the previous four going from $927,246.5 to $726,804.5, which means a 78 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $790,707 they are 70 % more affordable than the average price for Miami. The properties with the lowest average price have 4 bedrooms, Their price is 0 % cheaper than the average. After that we have properties with 3 bedrooms priced at $444,395.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $225 / sq.feet, with an average $1,516 / sq.feet price in Miami. The properties with the lowest average prices have 1 bedroom. They are 81 % cheaper than the average followed by properties with 4 bedrooms with a price at $278 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $790,707 it is 46 % cheaper than the average price in Miami. "Condo" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "House". At a price of $804,807 it is 27 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $162 / sq.feet followed by "House" priced at $277 / sq.feet. "Villa" is the most costly type of property with a $4,208 / sq.feet cost followed by "Apartment" with an average price of $2,841 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Miami
Number of properties used in region Florida
$790,707
$1,516
36,232
656,828
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Monarc At Met 1 Bedroom Apartment For Rent At 201 Se 2nd Ave, Miami, Fl 33131 Downtown Miami
 20
Monarc At Met 1 Bedroom Apartment For Rent At 201 Se 2nd Ave, Miami, Fl 33131 Downtown Miami
$1,790
Miami, Florida - For Rent - Apartment - 674 sq.feet - 1 bedroom - 1 bathroom
All of our spacious apartments feature luxurious finishes, chef-worthy kitchens, connected home technology, and floor-to-ceiling windows and private balconies...
Modera Skylar 2 Bedroom Apartment For Rent At 1444 Nw 14th Ave, Miami, Fl 33125 Allapattah
 20
Modera Skylar 2 Bedroom Apartment For Rent At 1444 Nw 14th Ave, Miami, Fl 33125 Allapattah
$2,290
Miami, Florida - For Rent - Apartment - 1,116 sq.feet - 2 bedrooms - 2 bathrooms
Your new home. Located in the river district of downtown miami, modera skylar... As well as stunning views of downtown miami, the marlins stadium, and the private...
Camden Brickell Studio Apartment For Rent At 50 Sw 10th St, Miami, Fl 33130 Brickell
 20
Camden Brickell Studio Apartment For Rent At 50 Sw 10th St, Miami, Fl 33130 Brickell
$1,519
Miami, Florida - For Rent - Apartment - 539 sq.feet - 1 bathroom
Are required when visiting our office. In the center of miami's brickell district, camden... Miami views from our 5th-floor swimming pool with grilling stations, bre...
Bay Parc Apartment Homes 1 Bedroom Apartment For Rent At 1756 N Bayshore Dr, Miami, Fl 331...
 20
Bay Parc Apartment Homes 1 Bedroom Apartment For Rent At 1756 N Bayshore Dr, Miami, Fl 331...
$1,849
Miami, Florida - For Rent - Apartment - 860 sq.feet - 1 bedroom - 1 bathroom
Guided tours. Bay parc apartments in miami is a smoke free community with all new... Method, redbike, and pura vida. We are 10 minutes from miami beach and less than...
Camden Brickell 1 Bedroom Apartment For Rent At 50 Sw 10th St, Miami, Fl 33130 Brickell
 20
Camden Brickell 1 Bedroom Apartment For Rent At 50 Sw 10th St, Miami, Fl 33130 Brickell
$1,939
Miami, Florida - For Rent - Apartment - 861 sq.feet - 1 bedroom - 1 bathroom
Our office. In the center of miami's brickell district, camden brickell stands... Enough to dedicate space to a home office! Entertain and take in breathtaking miami...