The median sale price of a home sold in May 2018 in West Miami rose by $74,250 while total sales increased by 25%, according to BlockShopper.com.
In May 2018, there were five homes sold, with a median sale price of $350,000 – a 26.9% increase over the $275,750 median sale price for the same period of the previous year. There were four homes sold in West Miami in May 2017.
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 May 2018.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in May 2018:
| City | May 2018 Home Sales | May 2017 Home Sales | % change (Total Home Sales) | May 2018 Median Sales Price | May 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Palmetto Bay | 38 | 58 | -34.5% | $447,500 | $430,000 | 4.1% |
| El Portal | 6 | 4 | 50% | $435,000 | $500,500 | -13.1% |
| Medley | 1 | 0 | – | $420,000 | $0 | – |
| Miami Shores | 20 | 26 | -23.1% | $410,000 | $499,500 | -17.9% |
| Miami Springs | 13 | 17 | -23.5% | $385,000 | $290,000 | 32.8% |
| West Miami | 5 | 4 | 25% | $350,000 | $275,750 | 26.9% |
| Miami Beach | 282 | 260 | 8.5% | $335,000 | $345,000 | -2.9% |
| Virginia Gardens | 2 | 3 | -33.3% | $332,500 | $295,000 | 12.7% |
| Country Walk | 28 | 28 | 0% | $321,500 | $291,500 | 10.3% |
| Miami Lakes | 30 | 41 | -26.8% | $321,350 | $265,000 | 21.3% |
| Aventura | 127 | 110 | 15.5% | $320,000 | $280,000 | 14.3% |
