Ines Hegedus-Garcia

North Miami, FL 33181

Single-Family Homes

Miamism Sales Team



North Miami, FL 33181

Thu Feb 21 2019
This week the median list price for North Miami, FL 33181 is $1,290,000 with the market action index hovering around 21. This is less than last month's market action index of 22. Inventory has held steady at or around 85. Click here to stay informed with the North Miami market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

North Miami, FL 33181

Thu Feb 21 2019
This week the median list price for North Miami, FL 33181 is $1,290,000 with the market action index hovering around 21. This is less than last month's market action index of 22. Inventory has held steady at or around 85. Click here to stay informed with the North Miami market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the North Miami market.
Median List Price $1,290,000
Per Square Foot $398
Days on Market 196
Price Decreased 38%
Price Increased 4%
Relisted 15%
Inventory 85
Median House Rent
Most Expensive $5,450,000
Least Expensive $300,000
Market Action Index
Slight Buyer's Advantage
21

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
$2,399,000 4,787 8,000 - 10,000 sqft 5 5 25 2 0 201
$1,550,000 3,391 8,000 - 10,000 sqft 4 3 60 1 1 229
$1,024,900 2,725 8,000 - 10,000 sqft 3 3 63 0 0 209
$693,500 2,201 8,000 - 10,000 sqft 3 2 66 0 1 150