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Miami Courant

Saturday, September 21, 2024

Sweetwater home prices fall in November 2018

Re 14

The median sale price of a home sold in November 2018 in Sweetwater fell by $181,000 while total sales increased by 42.9%, according to BlockShopper.com.

In November 2018, there were 10 homes sold, with a median sale price of $175,000 - a 50.8% decrease over the $356,000 median sale price for the same period of the previous year. There were seven homes sold in Sweetwater in November 2017.

The median sales tax in Sweetwater for the most recent year with available data, 2015, was $2,180, approximately 1.2% of the median home sale price for November 2018.

The following table compares Sweetwater to other Miami-Dade County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Opa-Locka1011-9.1%$204,000$85,000140%
Bay Harbor Islands770%$195,000$315,000-38.1%
North Bay Village191618.8%$190,000$230,650-17.6%
Homestead98962.1%$180,000$151,50018.8%
West Perrine14955.6%$175,250$144,00021.7%
Sweetwater10742.9%$175,000$356,000-50.8%
Hialeah Gardens161323.1%$172,500$195,000-11.5%
Hialeah (unincorporated) 60559.1%$165,200$175,000-5.6%
North Miami Beach5364-17.2%$165,000$180,000-8.3%
Florida City711-36.4%$156,000$146,5006.5%
North Miami Beach (unincorporated) 12-50%$152,000$133,25014.1%

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