Ines Hegedus-Garcia

North Miami, FL 33181

Single-Family Homes

Miamism Sales Team



North Miami, FL 33181

Fri Dec 14 2018
This week the median list price for North Miami, FL 33181 is $1,265,000 with the market action index hovering around 22. This is an increase over last month's market action index of 21. Inventory has held steady at or around 80. 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

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

North Miami, FL 33181

Fri Dec 14 2018
This week the median list price for North Miami, FL 33181 is $1,265,000 with the market action index hovering around 22. This is an increase over last month's market action index of 21. Inventory has held steady at or around 80. 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

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the North Miami market.
Median List Price $1,265,000
Per Square Foot $409
Days on Market 197
Price Decreased 35%
Price Increased 1%
Relisted 15%
Inventory 80
Median House Rent
Most Expensive $5,450,000
Least Expensive $300,000
Market Action Index
Slight Buyer's Advantage
22

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
$2,422,000 4,890 8,000 - 10,000 sqft 5 5 31 2 0 189
$1,399,499 3,408 8,000 - 10,000 sqft 4 3 58 0 1 325
$1,072,000 2,440 8,000 - 10,000 sqft 3 2 62 0 2 171
$693,500 2,155 8,000 - 10,000 sqft 3 2 64 3 0 101