Miami (unincorporated) home prices rise in April 2018

Miami (unincorporated) home prices rise in April 2018
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The median sale price of a home sold in April 2018 in Miami (unincorporated) rose by $10,500 while total sales increased by 9.1%, according to BlockShopper.com.

In April 2018, there were 764 homes sold, with a median sale price of $230,500 – a 4.8% increase over the $220,000 median sale price for the same period of the previous year. There were 700 homes sold in Miami (unincorporated) in April 2017.

The median sales tax in Miami (unincorporated) for the most recent year with available data, 2015, was $2,152, approximately 0.9% of the median home sale price for April 2018.

The following table compares Miami (unincorporated) to other Miami-Dade County cities with similar median sales prices in April 2018:

City Apr. 2018 Home Sales Apr. 2017 Home Sales % change (Total Home Sales) Apr. 2018 Median Sales Price Apr. 2017 Median Sales Price % change (Median Sales Price)
Kendall 141 145 -2.8% $262,000 $254,000 3.1%
Miami 618 555 11.4% $261,500 $287,000 -8.9%
Doral 98 77 27.3% $257,100 $275,000 -6.5%
Homestead (unincorporated) 103 85 21.2% $235,000 $200,000 17.5%
Opa-Locka (unincorporated) 23 20 15% $235,000 $220,000 6.8%
Miami (unincorporated) 764 700 9.1% $230,500 $220,000 4.8%
North Bay Village 24 30 -20% $225,000 $183,750 22.4%
Richmond Heights 15 21 -28.6% $215,000 $220,000 -2.3%
North Miami 95 77 23.4% $200,000 $143,200 39.7%
Hialeah 170 155 9.7% $190,000 $187,100 1.5%
Miami Gardens 157 130 20.8% $190,000 $175,650 8.2%


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