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South Miami-Dade News

Wednesday, November 6, 2024

Cutler Bay home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Cutler Bay rose by $13,000 while total sales decreased by 28.4%, according to BlockShopper.com.

In November 2019, there were 48 homes sold, with a median sale price of $275,000 - a 5% increase over the $262,000 median sale price for the same period of the previous year. There were 67 homes sold in Cutler Bay in November 2018.

The median sales tax in Cutler Bay for the most recent year with available data, 2015, was $2,406, approximately 0.9% of the median home sale price for November 2019.

The following table compares Cutler Bay to other Miami-Dade County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Miami Beach135183-26.2%$290,000$320,000-9.4%
Opa-Locka (unincorporated) 151315.4%$285,000$260,0009.6%
Aventura78101-22.8%$285,000$300,000-5%
Kendall91115-20.9%$280,000$285,000-1.8%
Richmond Heights715-53.3%$275,000$220,00025%
Cutler Bay4867-28.4%$275,000$262,0005%
Palmetto Estates14137.7%$264,500$305,000-13.3%
Doral1487-83.9%$252,500$255,300-1.1%
Florida City (unincorporated) 12-50%$250,000$448,750-44.3%
Miami (unincorporated) 467702-33.5%$248,000$235,0505.5%
West Perrine1314-7.1%$242,000$175,25038.1%

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