The median sale price of a home sold in January 2017 in Miami was unchanged while total sales increased by 1.5%, according to BlockShopper.com.
In January 2017, there were 474 homes sold, with a median sale price of $260,000. There were 467 homes sold in Miami in January 2016, and the median sales price for the period was also $260,000.
The median sales tax in Miami for the most recent year with available data, 2015, was $3,197, approximately 1.2% of the median home sale price for January 2017.
The following table compares Miami to other Miami-Dade County cities with similar median sales prices in January 2017:
| City | Jan. 2017 Home Sales | Jan. 2016 Home Sales | % change (Total Home Sales) | Jan. 2017 Median Sales Price | Jan. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Country Walk | 22 | 31 | -29% | $298,750 | $261,000 | 14.5% |
| Doral | 59 | 52 | 13.5% | $297,500 | $280,000 | 6.3% |
| Biscayne Park | 5 | 2 | 150% | $290,000 | $415,025 | -30.1% |
| South Miami (unincorporated) | 24 | 26 | -7.7% | $284,500 | $198,500 | 43.3% |
| Sunny Isles Beach | 48 | 47 | 2.1% | $260,000 | $315,000 | -17.5% |
| Miami | 474 | 467 | 1.5% | $260,000 | $260,000 | 0% |
| Cutler Bay | 76 | 77 | -1.3% | $252,600 | $219,000 | 15.3% |
| Kendall | 106 | 103 | 2.9% | $242,500 | $190,000 | 27.6% |
| Aventura | 95 | 103 | -7.8% | $240,000 | $295,000 | -18.6% |
| Miami Lakes | 26 | 21 | 23.8% | $233,050 | $370,000 | -37% |
| Palmetto Estates | 15 | 18 | -16.7% | $231,000 | $154,500 | 49.5% |
