In May 2024, Miami, FL homes were selling for an average price of $873,120, Miami, FL homes on average sell after 61 days on the market compared to 56 days last year. There were 16924 homes sold in Miami, FL for May 2024, compared to 19060 last year.
The average list price of Miami, FL, was $1,748,798 in May 2024, compared to $1,265,856 in May 2023.
Miami, FL Market Trend for Houses
Average List Price
The average list price of houses in Miami, FL, was $2,482,664 in May 2024, compared to $1,582,374 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 $1,191,215 in May 2024, compared to $911,244 in May 2023.
Miami, FL Market Trend for Lots/Land
Average List Price
The average list price of lots/land in Miami, FL, was $2,681,426 in May 2024, compared to $1,633,976 in May 2023.
Miami, FL Market Trend for Commercial
Average List Price
The average list price of commercial in Miami, FL, was $2,530,997 in May 2024, compared to $2,230,009 in May 2023.
Miami, FL Housing Market Analysis
The average list price in Miami, FL is $1,748,798. The average list price in Miami, FL went up 34.30% from 2023 to 2024. Miami, FL home resale inventories is 10138, which increased 90.38% since 2023. The average list price per square foot in Miami, FL is $749. 2023 it was $596.
