Miami, FL Market Statistics and Real Estate Trends
Miami, FL September 1, 2012 - Miami's home resale inventories decreased slightly, with a 1 percent decrease since August 2012. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in September. The median listing price in Miami went up from August to September. There were a total of 224 price increases and 608 price decreases.
Median List Price
Inventory
Price Changes
Most Expensive House
3500 St Gaudens Rd, Miami - 10 Beds, 9&1/2 Baths, $22,000,000
Details
Reimagine, Reinvent or Restore this magnificent Mid-Century Miami Modern, 5-acre, 33-room, 26,981 adj SF Coconut Grove estate. Baymere, built by the DuPonts in 1964, boasts 600+/- feet of bayfront, private Harbor, cavernous Boat House, vast Pool, Patio & Terraces, Tennis Court, Guest House & more An unrivaled property w/ tremendous potential to revitalize or transform it as a Family Compound or subdivided Luxury Enclave of 7 homesites. Seeing is
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Least Expensive House
208 NW 84 St #208, Miami - 2 Beds, 1 Baths, $10,000
Details
Adorable 2 Bedroom Townhouse with Excellent Rental Potential. close to public transportation, 10 minutes to downtown, 15 minutes to beach and 5 minutes to Biscayne.Great Location and Awesome Price!!!! section 8 will pay up to $1100 per month! Agents must use attachments. Unit has mold and association is in litigation with water company. Price to be negotiated by bank. Must have proof of funds upwards of $30,000.00
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Highest Square Footage
3500 St Gaudens Rd, Miami - 10 Beds, 9&1/2 Baths, $22,000,000
Details
Reimagine, Reinvent or Restore this magnificent Mid-Century Miami Modern, 5-acre, 33-room, 26,981 adj SF Coconut Grove estate. Baymere, built by the DuPonts in 1964, boasts 600+/- feet of bayfront, private Harbor, cavernous Boat House, vast Pool, Patio & Terraces, Tennis Court, Guest House & more An unrivaled property w/ tremendous potential to revitalize or transform it as a Family Compound or subdivided Luxury Enclave of 7 homesites. Seeing is
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Lowest Square Footage
208 NW 84 St #208, Miami - 2 Beds, 1 Baths, $10,000
Details
Adorable 2 Bedroom Townhouse with Excellent Rental Potential. close to public transportation, 10 minutes to downtown, 15 minutes to beach and 5 minutes to Biscayne.Great Location and Awesome Price!!!! section 8 will pay up to $1100 per month! Agents must use attachments. Unit has mold and association is in litigation with water company. Price to be negotiated by bank. Must have proof of funds upwards of $30,000.00
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