In May 2024, Miami, FL homes were selling for an average price of $861,066, Miami, FL homes on average sell after 61 days on the market compared to 55 days last year. There were 16835 homes sold in Miami, FL for May 2024, compared to 19497 last year.
The average list price of Miami, FL, was $1,761,830 in May 2024, compared to $1,273,411 in May 2023.
Miami, FL Market Trend for Houses
Average List Price
The average list price of houses in Miami, FL, was $2,489,287 in May 2024, compared to $1,569,133 in May 2023.
Miami, FL Market Trend for Condos / Townhouses / Penthouses
Average List Price
The average list price of condos/co-ops in Miami, FL, was $1,209,851 in May 2024, compared to $929,277 in May 2023.
Miami, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Miami, FL, was $2,799,240 in May 2024, compared to $2,017,467 in May 2023.
Miami, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Miami, FL, was $2,506,345 in May 2024, compared to $2,165,626 in May 2023.
Miami, FL Housing Market Analysis
The average list price in Miami, FL is $1,761,830. The average list price in Miami, FL went up 33.36% from 2023 to 2024. Miami, FL home resale inventories is 10181, which increased 89.70% since 2023. The average list price per square foot in Miami, FL is $749. 2023 it was $599.
