In September 2018, there were five homes sold, with a median sale price of $380,000 - a 2.2% decrease over the $388,700 median sale price for the same period of the previous year. There were two homes sold in West Miami in September 2017.
The median sales tax in West Miami for the most recent year with available data, 2015, was $3,442, approximately 0.9% of the median home sale price for September 2018.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in September 2018:
City | Sept. 2018 Home Sales | Sept. 2017 Home Sales | % change (Total Home Sales) | Sept. 2018 Median Sales Price | Sept. 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Biscayne Park | 5 | 4 | 25% | $530,000 | $334,500 | 58.4% |
Bal Harbour | 9 | 7 | 28.6% | $520,000 | $795,000 | -34.6% |
Palmetto Bay | 59 | 21 | 181% | $517,000 | $450,000 | 14.9% |
South Miami | 12 | 16 | -25% | $425,000 | $486,500 | -12.6% |
El Portal | 11 | 7 | 57.1% | $410,000 | $355,000 | 15.5% |
West Miami | 5 | 2 | 150% | $380,000 | $388,700 | -2.2% |
Country Walk | 21 | 10 | 110% | $365,000 | $291,000 | 25.4% |
Miami Lakes | 34 | 30 | 13.3% | $349,000 | $355,000 | -1.7% |
Miami Springs | 14 | 7 | 100% | $330,000 | $333,500 | -1% |
Sunny Isles Beach | 50 | 26 | 92.3% | $321,000 | $396,750 | -19.1% |
Miami Beach | 216 | 128 | 68.8% | $317,500 | $297,000 | 6.9% |