The median sale price of a home sold in the second quarter of 2017 in West Miami rose by $35,000 while total sales decreased by 10%, according to BlockShopper.com.
From April through June of 2017, there were 18 homes sold, with a median sale price of $325,000 – a 12.1% increase over the $290,000 median sale price for the same period of the previous year. There were 20 homes sold in West Miami in the second quarter of 2016.
The median sales tax in West Miami for the most recent year with available data, 2015, was $3,442, approximately 1.1% of the median home sale price for the second quarter of 2017.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in the second quarter of 2017:
| City | Apr. – June 2017 Home Sales | Apr. – June 2016 Home Sales | % change (Total Home Sales) | Apr. – June 2017 Median Sales Price | Apr. – June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| South Miami | 79 | 57 | 38.6% | $430,000 | $390,000 | 10.3% |
| Biscayne Park | 25 | 7 | 257.1% | $399,000 | $285,000 | 40% |
| El Portal | 11 | 13 | -15.4% | $390,000 | $419,100 | -6.9% |
| Miami Beach | 764 | 881 | -13.3% | $365,000 | $385,000 | -5.2% |
| Miami Lakes | 106 | 122 | -13.1% | $332,500 | $308,750 | 7.7% |
| West Miami | 18 | 20 | -10% | $325,000 | $290,000 | 12.1% |
| Sunny Isles Beach | 190 | 173 | 9.8% | $317,500 | $320,000 | -0.8% |
| Miami Springs | 53 | 45 | 17.8% | $315,000 | $354,400 | -11.1% |
| Country Walk | 83 | 98 | -15.3% | $301,000 | $280,000 | 7.5% |
| Bay Harbor Islands | 27 | 46 | -41.3% | $300,000 | $340,000 | -11.8% |
| South Miami (unincorporated) | 92 | 105 | -12.4% | $299,950 | $275,100 | 9% |
