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In October 2019, there were six homes sold, with a median sale price of $370,000 - a 9.8% decrease over the $410,000 median sale price for the same period of the previous year. There were four homes sold in West Miami in October 2018.
The median sales tax in West Miami for the most recent year with available data, 2015, was $3,442, approximately 0.9% of the median home sale price for October 2019.
The following table compares West Miami to other Miami-Dade County cities with similar median sales prices in October 2019:
City | Oct. 2019 Home Sales | Oct. 2018 Home Sales | % change (Total Home Sales) | Oct. 2019 Median Sales Price | Oct. 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Biscayne Park | 4 | 5 | -20% | $415,000 | $383,000 | 8.4% |
Palmetto Bay | 47 | 56 | -16.1% | $399,000 | $520,650 | -23.4% |
Miami Springs | 15 | 19 | -21.1% | $383,000 | $355,000 | 7.9% |
El Portal | 5 | 4 | 25% | $380,100 | $326,500 | 16.4% |
Sweetwater | 7 | 14 | -50% | $380,000 | $259,500 | 46.4% |
West Miami | 6 | 4 | 50% | $370,000 | $410,000 | -9.8% |
Miami Lakes | 25 | 37 | -32.4% | $360,000 | $345,000 | 4.3% |
Medley | 1 | 0 | - | $350,000 | $0 | - |
Country Walk | 23 | 22 | 4.5% | $336,000 | $326,750 | 2.8% |
Palmetto Estates | 17 | 19 | -10.5% | $305,000 | $300,000 | 1.7% |
Miami Beach | 183 | 236 | -22.5% | $302,500 | $287,000 | 5.4% |