The median sale price of a home sold in the fourth quarter of 2017 in West Miami rose by $6,000 while total sales decreased by 22.2%, according to BlockShopper.com.
From October through December of 2017, there were 21 homes sold, with a median sale price of $336,000 – a 1.8% increase over the $330,000 median sale price for the same period of the previous year. There were 27 homes sold in West Miami in the fourth quarter of 2016.
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 the fourth quarter of 2017.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in the fourth quarter of 2017:
| City | Oct. – Dec. 2017 Home Sales | Oct. – Dec. 2016 Home Sales | % change (Total Home Sales) | Oct. – Dec. 2017 Median Sales Price | Oct. – Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| El Portal | 11 | 12 | -8.3% | $405,000 | $371,250 | 9.1% |
| Biscayne Park | 13 | 20 | -35% | $400,000 | $389,500 | 2.7% |
| South Miami (unincorporated) | 84 | 78 | 7.7% | $355,000 | $350,500 | 1.3% |
| Miami Springs | 56 | 40 | 40% | $350,000 | $350,000 | 0% |
| Miami Beach | 650 | 562 | 15.7% | $339,400 | $361,500 | -6.1% |
| West Miami | 21 | 27 | -22.2% | $336,000 | $330,000 | 1.8% |
| Sunny Isles Beach | 157 | 152 | 3.3% | $320,000 | $370,000 | -13.5% |
| Country Walk | 67 | 91 | -26.4% | $319,000 | $305,000 | 4.6% |
| Bay Harbor Islands | 25 | 20 | 25% | $315,000 | $300,000 | 5% |
| Miami Lakes | 109 | 91 | 19.8% | $312,000 | $317,200 | -1.6% |
| Sweetwater | 26 | 23 | 13% | $306,250 | $206,325 | 48.4% |
