Miami (unincorporated) home prices rise in June 2018

Miami (unincorporated) home prices rise in June 2018
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The median sale price of a home sold in June 2018 in Miami (unincorporated) rose by $4,500 while total sales increased by 5.3%, according to BlockShopper.com.

In June 2018, there were 853 homes sold, with a median sale price of $234,000 – a 2% increase over the $229,500 median sale price for the same period of the previous year. There were 810 homes sold in Miami (unincorporated) in June 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 June 2018.

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

City June 2018 Home Sales June 2017 Home Sales % change (Total Home Sales) June 2018 Median Sales Price June 2017 Median Sales Price % change (Median Sales Price)
North Bay Village 22 25 -12% $249,000 $233,000 6.9%
Homestead (unincorporated) 99 99 0% $240,000 $210,000 14.3%
Bay Harbor Islands 10 7 42.9% $237,500 $305,000 -22.1%
Hialeah Gardens 16 20 -20% $235,200 $145,050 62.2%
West Perrine 16 9 77.8% $234,500 $171,000 37.1%
Miami (unincorporated) 853 810 5.3% $234,000 $229,500 2%
Opa-Locka (unincorporated) 25 17 47.1% $220,000 $225,000 -2.2%
Miami Gardens 173 173 0% $215,000 $174,000 23.6%
Sweetwater 13 10 30% $205,000 $240,050 -14.6%
North Miami Beach 91 70 30% $200,200 $178,500 12.2%
Hialeah 166 169 -1.8% $192,500 $195,000 -1.3%


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