From July through September of 2018, there were 47 homes sold, with a median sale price of $350,000 - a 3.4% decrease over the $362,500 median sale price for the same period of the previous year. There were 44 homes sold in Miami Springs in the third quarter of 2017.
The median sales tax in Miami Springs for the most recent year with available data, 2015, was $4,416, approximately 1.3% of the median home sale price for the third quarter of 2018.
The following table compares Miami Springs to other Miami-Dade County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Surfside | 34 | 31 | 9.7% | $595,000 | $650,000 | -8.5% |
| Miami Shores | 102 | 67 | 52.2% | $526,000 | $455,000 | 15.6% |
| Palmetto Bay | 160 | 138 | 15.9% | $487,000 | $450,000 | 8.2% |
| Biscayne Park | 18 | 16 | 12.5% | $475,250 | $344,250 | 38.1% |
| El Portal | 19 | 21 | -9.5% | $378,000 | $390,000 | -3.1% |
| Miami Springs | 47 | 44 | 6.8% | $350,000 | $362,500 | -3.4% |
| Country Walk | 89 | 70 | 27.1% | $348,000 | $310,000 | 12.3% |
| Miami Lakes | 102 | 100 | 2% | $343,850 | $342,350 | 0.4% |
| Virginia Gardens | 9 | 4 | 125% | $330,000 | $342,000 | -3.5% |
| West Miami | 19 | 14 | 35.7% | $322,300 | $382,500 | -15.7% |
| South Miami | 45 | 52 | -13.5% | $322,300 | $465,000 | -30.7% |
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