Miami Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
7.1% YoY
Median Price/Sqft
5.9% YoY
No. of Transactions
-11.2% YoY
County Median Sale Price
- YoY
In Q2, the median home sale price in Miami was $530K, an increase of 7.1% year-over-year. By contrast, sales activity trended down with 4026 deals closed, representing a decline of -11.2% compared to the same period last year. The median price per square foot in Q2 was $342, a change of 5.9% year-over-year, while the median sale price in Miami Dade County was -.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Miami Dade County
| Ranking | City | Median Sale Price |
|---|
Residential Property Types Sold in Miami
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | $412K | -1.9% | $402 | -6.5% | 1,743 |
| House | $600K | 12.1% | $320 | 13.1% | 2,283 |
The Q2 median sale price for Miami houses was $600K, increasing 12.1% year-over-year. While the median for houses was trending up, condo prices in Miami remained flat year-over-year at $412K.
Discover market trends in other popular cities across the U.S
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