In January 2021, there were three homes sold, with a median sale price of $445,000 - a 38.2% increase over the $322,000 median sale price for the same period of the previous year. There were five homes sold in West Miami in January 2020.
The median sales tax in West Miami for the most recent year with available data, 2019, was $4,225, approximately 0.9% of the median home sale price for January 2021.
The following table compares West Miami to other Miami-Dade County cities with similar median sale prices in January 2021:
| City | Jan. 2021 Home Sales | Jan. 2020 Home Sales | % change (Total Home Sales) | Jan. 2021 Median Sales Price | Jan. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| El Portal | 1 | 6 | -83.3% | $655,000 | $472,000 | 38.8% |
| Miami Shores | 20 | 26 | -23.1% | $655,000 | $527,500 | 24.2% |
| South Miami | 7 | 24 | -70.8% | $600,000 | $407,500 | 47.2% |
| Biscayne Park | 2 | 4 | -50% | $567,500 | $530,000 | 7.1% |
| Miami Lakes | 6 | 46 | -87% | $450,500 | $378,750 | 18.9% |
| West Miami | 3 | 5 | -40% | $445,000 | $322,000 | 38.2% |
| North Miami Beach | 21 | 61 | -65.6% | $435,000 | $177,000 | 145.8% |
| Miami Springs | 3 | 18 | -83.3% | $425,000 | $427,250 | -0.5% |
| Miami | 201 | 633 | -68.2% | $420,000 | $300,000 | 40% |
| West Perrine | 3 | 15 | -80% | $410,000 | $296,000 | 38.5% |
| Hialeah (unincorporated) | 11 | 69 | -84.1% | $405,000 | $195,000 | 107.7% |
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