Ines Hegedus-Garcia

Miami, FL 33138

Single-Family Homes

Miamism Sales Team



Miami, FL 33138

Fri Apr 12 2024
This week the median list price for Miami, FL 33138 is $1,599,000 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 71. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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

Fri Apr 12 2024
This week the median list price for Miami, FL 33138 is $1,599,000 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 71. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $1,599,000
Median Price of New Listings $1,325,000
Per Square Foot $802
Average Days on Market 149
Median Days on Market 105
Price Decreased 38%
Price Increased 4%
Relisted 11%
Inventory 71
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
$7,750,000 4,711 0.25 - 0.5 acre 5 6 7 0 0 133
$2,266,500 2,356 8,000 - 10,000 sqft 4 3 74 2 1 101
$1,392,500 1,990 8,000 - 10,000 sqft 4 3 76 3 1 105
$725,000 1,286 4,500 - 6,500 sqft 3 2 85 4 0 108