Ines Hegedus-Garcia

Miami Shores, FL

Single-Family Homes

Miamism Sales Team



Miami Shores, FL

Thu Feb 21 2019
This week the median list price for Miami Shores, FL is $776,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 118. Click here to stay informed with the Miami Shores 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Miami Shores, FL

Thu Feb 21 2019
This week the median list price for Miami Shores, FL is $776,500 with the market action index hovering around 27. This is about the same as last month's market action index of 27. Inventory has held steady at or around 118. Click here to stay informed with the Miami Shores 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

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Miami Shores market.
Median List Price $776,500
Per Square Foot $314
Days on Market 131
Price Decreased 48%
Price Increased 4%
Relisted 16%
Inventory 118
Median House Rent
Most Expensive $5,400,000
Least Expensive $289,900
Market Action Index
Slight Buyer's Advantage
27

The market is 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
$1,299,000 3,360 0.25 - 0.5 acre 4 3 68 2 1 176
$895,000 2,751 0.25 - 0.5 acre 3 3 68 3 1 133
$684,950 2,170 8,000 - 10,000 sqft 3 2 69 1 2 136
$461,500 1,760 8,000 - 10,000 sqft 3 2 78 4 6 79