Sweetwater home prices rise in September 2018

Sweetwater home prices rise in September 2018
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The median sale price of a home sold in September 2018 in Sweetwater rose by $45,400 while total sales increased by 25%, according to BlockShopper.com.

In September 2018, there were five homes sold, with a median sale price of $232,400 – a 24.3% increase over the $187,000 median sale price for the same period of the previous year. There were four homes sold in Sweetwater in September 2017.

The median sales tax in Sweetwater for the most recent year with available data, 2015, was $2,180, approximately 0.9% of the median home sale price for September 2018.

The following table compares Sweetwater 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)
Cutler Bay 76 55 38.2% $250,050 $282,000 -11.3%
South Miami (unincorporated) 29 21 38.1% $245,000 $161,900 51.3%
Hialeah 147 103 42.7% $235,000 $158,000 48.7%
Miami Gardens 122 88 38.6% $234,250 $191,250 22.5%
Bay Harbor Islands 10 8 25% $234,250 $287,500 -18.5%
Sweetwater 5 4 25% $232,400 $187,000 24.3%
Miami (unincorporated) 695 420 65.5% $232,000 $211,000 10%
Virginia Gardens 4 0 $230,000 $0
Richmond Heights 14 7 100% $228,500 $217,000 5.3%
Homestead (unincorporated) 77 47 63.8% $218,000 $215,000 1.4%
North Bay Village 21 17 23.5% $215,000 $359,000 -40.1%


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