Ines Hegedus-Garcia

North Miami, FL 33181

Single-Family Homes

Miamism Sales Team



North Miami, FL 33181

Mon Dec 02 2024
This week the median list price for North Miami, FL 33181 is $3,200,000 with the market action index hovering around 24. This is less than last month's market action index of 27. Inventory has increased to 51. Click here to stay informed with the North Miami market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

North Miami, FL 33181

Mon Dec 02 2024
This week the median list price for North Miami, FL 33181 is $3,200,000 with the market action index hovering around 24. This is less than last month's market action index of 27. Inventory has increased to 51. Click here to stay informed with the North Miami market!

Market Action Index

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

Slight Buyer's Advantage

Market Narrative

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the North Miami market.
Median List Price $3,200,000
Median Price of New Listings $580,000
Per Square Foot $1,218
Average Days on Market 117
Median Days on Market 70
Price Decreased 31%
Price Increased 6%
Relisted 8%
Inventory 51
Median Rent
Market Action 24
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$8,137,500 5,750 8,000 - 10,000 sqft 6 6.5 1 0 0 157
$4,200,000 2,755 8,000 - 10,000 sqft 4 4 67 0 1 147
$2,895,000 2,785 8,000 - 10,000 sqft 4 3 68 0 0 35
$1,349,000 1,801 8,000 - 10,000 sqft 3 2 73 1 1 63