In April 2018, there were 618 homes sold, with a median sale price of $261,500 - a 8.9% decrease over the $287,000 median sale price for the same period of the previous year. There were 555 homes sold in Miami in April 2017.
The median sales tax in Miami for the most recent year with available data, 2015, was $3,197, approximately 1.2% of the median home sale price for April 2018.
The following table compares Miami to other Miami-Dade County cities with similar median sales prices in April 2018:
| City | Apr. 2018 Home Sales | Apr. 2017 Home Sales | % change (Total Home Sales) | Apr. 2018 Median Sales Price | Apr. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| El Portal | 2 | 4 | -50% | $292,000 | $310,000 | -5.8% |
| Aventura | 124 | 105 | 18.1% | $275,500 | $259,000 | 6.4% |
| Cutler Bay | 74 | 94 | -21.3% | $271,500 | $252,500 | 7.5% |
| Palmetto Estates | 15 | 14 | 7.1% | $267,000 | $211,350 | 26.3% |
| Kendall | 141 | 145 | -2.8% | $262,000 | $254,000 | 3.1% |
| Miami | 618 | 555 | 11.4% | $261,500 | $287,000 | -8.9% |
| Doral | 98 | 77 | 27.3% | $257,100 | $275,000 | -6.5% |
| Homestead (unincorporated) | 103 | 85 | 21.2% | $235,000 | $200,000 | 17.5% |
| Opa-Locka (unincorporated) | 23 | 20 | 15% | $235,000 | $220,000 | 6.8% |
| Miami (unincorporated) | 764 | 700 | 9.1% | $230,500 | $220,000 | 4.8% |
| North Bay Village | 24 | 30 | -20% | $225,000 | $183,750 | 22.4% |
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