Ines Hegedus-Garcia

Miami Shores, FL

Single-Family Homes

Miamism Sales Team



Miami Shores, FL

Wed Jul 17 2019
This week the median list price for Miami Shores, FL is $760,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 105. 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

Wed Jul 17 2019
This week the median list price for Miami Shores, FL is $760,000 with the market action index hovering around 29. This is less than last month's market action index of 30. Inventory has held steady at or around 105. 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 $760,000
Per Square Foot $344
Days on Market 168
Price Decreased 50%
Price Increased 5%
Relisted 10%
Inventory 105
Median House Rent $2,200
Most Expensive $5,400,000
Least Expensive $364,000
Market Action Index
Slight Buyer's Advantage
29

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
$1,397,000 3,195 0.25 - 0.5 acre 4 4 65 0 0 186
$899,000 2,431 8,000 - 10,000 sqft 3 3 68 2 1 204
$684,999 2,050 8,000 - 10,000 sqft 3 2 68 2 4 154
$499,000 1,587 4,500 - 6,500 sqft 3 2 70 1 3 132