Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Fri Dec 14 2018
This week the median list price for Miami, FL 33138 is $695,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 103. Click here to stay informed with the Miami market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Miami, FL 33138

Fri Dec 14 2018
This week the median list price for Miami, FL 33138 is $695,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has held steady at or around 103. Click here to stay informed with the Miami market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $695,000
Per Square Foot $355
Days on Market 168
Price Decreased 42%
Price Increased 2%
Relisted 9%
Inventory 103
Median House Rent
Most Expensive $8,450,000
Least Expensive $199,900
Market Action Index
Slight Buyer's Advantage
25

Prices in this zip code seem to have settled around a plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,227,000 3,876 0.25 - 0.5 acre 4 4 60 2 1 246
$837,000 2,302 6,500 - 8,000 sqft 3 3 70 0 3 191
$654,500 1,862 6,500 - 8,000 sqft 3 2 79 4 1 114
$472,000 1,537 4,500 - 6,500 sqft 3 2 70 2 0 123