Ines Hegedus-Garcia

Miami Shores, FL

Single-Family Homes

Miamism Sales Team



Miami Shores, FL

Sat May 30 2020
This week the median list price for Miami Shores, FL is $825,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 100. Click here to stay informed with the Miami Shores market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Miami Shores, FL

Sat May 30 2020
This week the median list price for Miami Shores, FL is $825,000 with the market action index hovering around 28. This is less than last month's market action index of 29. Inventory has held steady at or around 100. Click here to stay informed with the Miami Shores market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Miami Shores market.
Median List Price $825,000
Per Square Foot $366
Days on Market 155
Price Decreased 30%
Price Increased 0%
Relisted 6%
Inventory 100
Median Rent $2,975
Most Expensive $3,975,000
Least Expensive $79,900
Market Action 28
Slight Buyer's Advantage

The market appears to be hovering around this plateau. Look for a persistent change 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
$1,350,000 2,935 0.25 - 0.5 acre 4 4 70 1 1 138
$875,000 2,439 0.25 - 0.5 acre 3 3 66 2 1 220
$724,900 2,150 0.25 - 0.5 acre 3 2 69 1 5 163
$479,000 1,389 8,000 - 10,000 sqft 3 2 70 3 2 98