Miami (unincorporated) home prices rise in December 2017

Miami (unincorporated) home prices rise in December 2017
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The median sale price of a home sold in December 2017 in Miami (unincorporated) rose by $20,000 while total sales decreased by 19.9%, according to BlockShopper.com.

In December 2017, there were 682 homes sold, with a median sale price of $220,000 – a 10% increase over the $200,000 median sale price for the same period of the previous year. There were 851 homes sold in Miami (unincorporated) in December 2016.

The median sales tax in Miami (unincorporated) for the most recent year with available data, 2015, was $2,152, approximately 1% of the median home sale price for December 2017.

The following table compares Miami (unincorporated) to other Miami-Dade County cities with similar median sales prices in December 2017:

City Dec. 2017 Home Sales Dec. 2016 Home Sales % change (Total Home Sales) Dec. 2017 Median Sales Price Dec. 2016 Median Sales Price % change (Median Sales Price)
Cutler Bay 69 90 -23.3% $253,000 $225,000 12.4%
Doral 79 81 -2.5% $245,000 $297,000 -17.5%
North Bay Village 27 26 3.8% $239,000 $251,000 -4.8%
Bay Harbor Islands 6 8 -25% $225,000 $280,000 -19.6%
Opa-Locka (unincorporated) 16 23 -30.4% $224,500 $205,000 9.5%
Miami (unincorporated) 682 851 -19.9% $220,000 $200,000 10%
Homestead (unincorporated) 87 96 -9.4% $205,000 $195,250 5%
Miami Gardens 139 171 -18.7% $202,000 $160,000 26.3%
Florida City (unincorporated) 2 5 -60% $197,500 $105,000 88.1%
Opa-Locka 11 12 -8.3% $190,000 $115,250 64.9%
Hialeah 157 155 1.3% $185,000 $162,000 14.2%


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