In July 2018, there were five homes sold, with a median sale price of $335,000 - a 13% decrease over the $385,000 median sale price for the same period of the previous year. There were five homes sold in West Miami in July 2017, as well.
The median sales tax in West Miami for the most recent year with available data, 2015, was $3,442, approximately 1% of the median home sale price for July 2018.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in July 2018:
City | July 2018 Home Sales | July 2017 Home Sales | % change (Total Home Sales) | July 2018 Median Sales Price | July 2017 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palmetto Bay | 57 | 54 | 5.6% | $440,000 | $473,500 | -7.1% |
Miami Lakes | 25 | 26 | -3.8% | $375,000 | $310,250 | 20.9% |
Virginia Gardens | 1 | 1 | 0% | $371,600 | $335,000 | 10.9% |
Miami Springs | 14 | 19 | -26.3% | $370,000 | $420,000 | -11.9% |
Sunny Isles Beach | 72 | 67 | 7.5% | $347,500 | $321,100 | 8.2% |
West Miami | 5 | 5 | 0% | $335,000 | $385,000 | -13% |
Miami Beach | 271 | 226 | 19.9% | $335,000 | $300,000 | 11.7% |
South Miami | 19 | 21 | -9.5% | $322,300 | $519,000 | -37.9% |
El Portal | 6 | 9 | -33.3% | $316,500 | $410,000 | -22.8% |
Country Walk | 30 | 30 | 0% | $312,500 | $330,500 | -5.4% |
Doral | 96 | 84 | 14.3% | $302,500 | $236,500 | 27.9% |