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South Miami-Dade News

Wednesday, November 6, 2024

South Miami (unincorporated) home prices rise in November 2019

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The median sale price of a home sold in November 2019 in South Miami (unincorporated) rose by $9,500 while total sales decreased by 36%, according to BlockShopper.com.

In November 2019, there were 16 homes sold, with a median sale price of $369,500 - a 2.6% increase over the $360,000 median sale price for the same period of the previous year. There were 25 homes sold in South Miami (unincorporated) in November 2018.

The median sales tax in South Miami (unincorporated) for the most recent year with available data, 2015, was $3,732, approximately 1% of the median home sale price for November 2019.

The following table compares South Miami (unincorporated) 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)
El Portal60-$455,000$0-
Miami Springs1620-20%$445,750$388,50014.7%
Miami Shores15147.1%$439,900$577,500-23.8%
Country Walk1427-48.1%$392,500$320,00022.7%
Sweetwater310-70%$375,000$175,000114.3%
South Miami (unincorporated) 1625-36%$369,500$360,0002.6%
West Miami56-16.7%$365,000$324,50012.5%
Virginia Gardens10-$350,000$0-
Miami Lakes3031-3.2%$342,500$270,00026.9%
Sunny Isles Beach3648-25%$312,500$332,500-6%
Miami371482-23%$300,000$292,0502.7%

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