Ines Hegedus-Garcia

North Miami, FL 33181

Single-Family Homes

Miamism Sales Team



North Miami, FL 33181

Wed Oct 23 2019
This week the median list price for North Miami, FL 33181 is $1,250,000 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 65. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

North Miami, FL 33181

Wed Oct 23 2019
This week the median list price for North Miami, FL 33181 is $1,250,000 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 65. 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

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the North Miami market.
Median List Price $1,250,000
Per Square Foot $444
Days on Market 253
Price Decreased 29%
Price Increased 3%
Relisted 9%
Inventory 65
Median House Rent
Most Expensive $5,195,000
Least Expensive $150,000
Market Action Index
Slight Buyer's Advantage
27

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
$1,737,000 3,635 8,000 - 10,000 sqft 4 4 41 1 1 262
$1,399,500 2,706 8,000 - 10,000 sqft 4 3 59 1 1 237
$1,100,000 2,640 8,000 - 10,000 sqft 4 3 62 0 0 280
$697,000 1,934 8,000 - 10,000 sqft 3 2 65 0 1 232