Ines Hegedus-Garcia

Miami Shores, FL

Single-Family Homes

Miamism Sales Team



Miami Shores, FL

Mon Feb 06 2023
This week the median list price for Miami Shores, FL is $1,395,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 49. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Miami Shores, FL

Mon Feb 06 2023
This week the median list price for Miami Shores, FL is $1,395,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 49. 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 Seller's Advantage

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Miami Shores market.
Median List Price $1,395,000
Median Price of New Listings $1,600,000
Per Square Foot $626
Average Days on Market 108
Median Days on Market 98
Price Decreased 47%
Price Increased 4%
Relisted 14%
Inventory 49
Median Rent
Market Action 43
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,650,000 4,147 0.25 - 0.5 acre 5 4.3 70 2 1 150
$1,687,000 2,586 8,000 - 10,000 sqft 4 3 72 2 0 66
$1,197,000 1,952 8,000 - 10,000 sqft 3 2 73 0 2 80
$810,000 1,982 8,000 - 10,000 sqft 3 2 83 2 1 84