Property prices for sale in Miami Beach (Florida)

The prices in real estate in Miami Beach, 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.

$2,125,738.17
Average price last 6 months
$5,833.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Miami Beach has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $7,398. In April this price pretty much remained the same at a value of $7,701 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 73 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 68 % 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 $6,528.5 to $4,442.5 during July, and August.

Average price

Based upon to the price in Miami Beach (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $1,599,627. During April the price went through a considerable rise reaching $1,980,762. During the following two months (May, June) the average price had a considerable increase of 156 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,294,738 to $1,787,738.5, which means a 78 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,828,666 they are 50 % more affordable than the average price for Miami Beach. The properties with the highest average price have 1 bedroom, Their price is 181 % more costly than the average. After that we have properties with 4 bedrooms priced at $2,051,531.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $197 / sq.feet, with an average $4,029 / sq.feet price in Miami Beach. The properties with the highest average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $1,164 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,828,666 it is 37 % cheaper than the average price in Miami Beach. "Duplex" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Villa". At a price of $3,365,412 it is 302 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $739 / sq.feet followed by "Duplex" priced at $4,866 / sq.feet. "House" is the most costly type of property with a $9,807 / sq.feet cost followed by "Villa" with an average price of $9,583 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Miami Beach
Number of properties used in region Florida
$1,828,666
$4,029
20,394
656,828
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Home For Sale By Owner In Miami Beach Miami Beach
 6
Home For Sale By Owner In Miami Beach Miami Beach
$17,900,000
Miami Beach, Florida - For Sale - House - 12,721 sq.feet - 1 bedroom - 1 bathroom
Stunning waterfront estate with the best wide water views on north bay road this sq ft home sits on an expansive sf lot and features bedrooms master bedrooms...
Home For Sale By Owner In Miami Beach Miami Beach
 6
Home For Sale By Owner In Miami Beach Miami Beach
$17,900,000
Miami Beach, Florida - For Sale - House - 12,721 sq.feet - 1 bedroom - 1 bathroom
Stunning waterfront estate with the best wide water views on north bay road this sq ft home sits on an expansive sf lot and features bedrooms master bedrooms...
Home For Sale By Owner In Miami Beach Miami Beach
 6
Home For Sale By Owner In Miami Beach Miami Beach
$369,000
Miami Beach, Florida - For Sale - House - 831 sq.feet - 2 bedrooms - 2 bathrooms
Beach low coa fee of month directly across from seville marriott edition equipped... To everywhere walking distance to miami beachs best restaurants and shops large kitchen...
Home For Sale By Owner In Miami Beach Miami Beach
 6
Home For Sale By Owner In Miami Beach Miami Beach
$369,000
Miami Beach, Florida - For Sale - House - 831 sq.feet - 2 bedrooms - 2 bathrooms
Beach low coa fee of month directly across from seville marriott edition equipped... To everywhere walking distance to miami beachs best restaurants and shops large kitchen...
Great Bay Views, Belle Isle Location. Miami Beach
 21
Great Bay Views, Belle Isle Location. Miami Beach
$889,000
Miami Beach, Florida - For Sale - Condo - 2 bedrooms - 2 bathrooms
Miami beach wonderful unobstructed sweeping bay ocean and south beach views throughout... Island ave miami beach fl view map features bedrooms bathrooms parking spaces year built...