Tue Mar 28 2023
This week the median list price for North Miami, FL 33181 is $2,994,500 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 42.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
|Median List Price||$2,994,500|
|Median Price of New Listings||$4,680,000|
|Per Square Foot||$909|
|Average Days on Market||149|
|Median Days on Market||112|
|Slight Seller's Advantage|
The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$6,076,370||5,455||8,000 - 10,000 sqft||5||5.5||12||2||0||192|
|$3,820,000||4,099||8,000 - 10,000 sqft||5||4.3||54||0||2||87|
|$2,475,000||2,796||8,000 - 10,000 sqft||4||2.5||66||0||4||63|
|$1,450,000||1,813||8,000 - 10,000 sqft||3||2.5||71||1||0||147|