Ines Hegedus-Garcia

North Miami, FL 33181

Single-Family Homes

Miamism Sales Team



North Miami, FL 33181

Mon Jul 22 2019
This week the median list price for North Miami, FL 33181 is $1,280,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 67. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

North Miami, FL 33181

Mon Jul 22 2019
This week the median list price for North Miami, FL 33181 is $1,280,000 with the market action index hovering around 25. This is less than last month's market action index of 26. Inventory has held steady at or around 67. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the North Miami market.
Median List Price $1,280,000
Per Square Foot $419
Days on Market 254
Price Decreased 43%
Price Increased 3%
Relisted 10%
Inventory 67
Median House Rent
Most Expensive $5,195,000
Least Expensive $479,000
Market Action Index
Slight Buyer's Advantage
25

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
$2,420,000 4,326 0.25 - 0.5 acre 5 5 20 0 1 294
$1,449,000 3,325 8,000 - 10,000 sqft 4 3 59 0 1 257
$980,000 2,503 0.25 - 0.5 acre 4 3 62 1 0 208
$699,000 1,928 0.5 - 1 acre 3 3 66 1 0 259