Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Fri Dec 13 2019
This week the median list price for Miami, FL 33138 is $680,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 76. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Miami, FL 33138

Fri Dec 13 2019
This week the median list price for Miami, FL 33138 is $680,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 76. 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 Buyer's Advantage

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $680,000
Per Square Foot $407
Days on Market 188
Price Decreased 43%
Price Increased 3%
Relisted 5%
Inventory 76
Median Rent
Most Expensive $7,495,000
Least Expensive $245,000
Market Action 27
Slight Buyer'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
$1,995,000 3,398 0.25 - 0.5 acre 4 4 61 0 1 341
$849,900 1,899 8,000 - 10,000 sqft 3 3 69 1 4 114
$624,900 1,505 6,500 - 8,000 sqft 3 2 70 0 0 112
$449,000 1,233 4,500 - 6,500 sqft 3 2 80 2 0 184