Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Thu Aug 06 2020
This week the median list price for Miami, FL 33138 is $699,500 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has held steady at or around 70. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Miami, FL 33138

Thu Aug 06 2020
This week the median list price for Miami, FL 33138 is $699,500 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has held steady at or around 70. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Miami market.
Median List Price $699,500
Per Square Foot $417
Days on Market 209
Price Decreased 31%
Price Increased 6%
Relisted 13%
Inventory 70
Median Rent
Most Expensive $7,495,000
Least Expensive $219,900
Market Action 31
Slight Seller's Advantage

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
$2,100,000 3,067 0.25 - 0.5 acre 4 5 68 2 2 300
$999,000 2,103 8,000 - 10,000 sqft 4 3 66 0 1 156
$643,750 1,526 6,500 - 8,000 sqft 3 2 79 3 3 153
$484,000 1,477 4,500 - 6,500 sqft 3 2 80 3 1 226