Miami (unincorporated) home prices rise in June 2017

Miami (unincorporated) home prices rise in June 2017
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The median sale price of a home sold in June 2017 in Miami (unincorporated) rose by $39,400 while total sales decreased by 4.1%, according to BlockShopper.com.

In June 2017, there were 810 homes sold, with a median sale price of $229,500 – a 20.7% increase over the $190,100 median sale price for the same period of the previous year. There were 845 homes sold in Miami (unincorporated) in June 2016.

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 June 2017.

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

City June 2017 Home Sales June 2016 Home Sales % change (Total Home Sales) June 2017 Median Sales Price June 2016 Median Sales Price % change (Median Sales Price)
Doral 93 83 12% $265,000 $300,000 -11.7%
South Miami (unincorporated) 31 37 -16.2% $259,000 $275,100 -5.9%
Palmetto Estates 24 26 -7.7% $258,950 $202,500 27.9%
Sweetwater 10 9 11.1% $240,050 $260,000 -7.7%
North Bay Village 25 24 4.2% $233,000 $222,500 4.7%
Miami (unincorporated) 810 845 -4.1% $229,500 $190,100 20.7%
Opa-Locka (unincorporated) 17 19 -10.5% $225,000 $185,000 21.6%
North Miami Beach (unincorporated) 1 0 $220,000 $0
North Miami 85 115 -26.1% $213,500 $145,000 47.2%
Richmond Heights 15 23 -34.8% $210,000 $165,000 27.3%
Homestead (unincorporated) 99 97 2.1% $210,000 $170,000 23.5%


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