Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Mon Jun 05 2023
This week the median list price for Miami, FL 33138 is $1,575,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 60. Click here to stay informed with the Miami market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Miami, FL 33138

Mon Jun 05 2023
This week the median list price for Miami, FL 33138 is $1,575,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 60. Click here to stay informed with the Miami market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $1,575,000
Median Price of New Listings $997,499
Per Square Foot $653
Average Days on Market 140
Median Days on Market 126
Price Decreased 40%
Price Increased 3%
Relisted 8%
Inventory 60
Median Rent
Market Action 31
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$7,200,000 5,693 0.25 - 0.5 acre 5 4.5 1 1 3 126
$1,850,000 2,668 6,500 - 8,000 sqft 3 2.5 75 1 1 91
$1,349,000 2,245 6,500 - 8,000 sqft 4 3 72 0 0 140
$825,000 1,320 4,500 - 6,500 sqft 3 2 85 4 5 126