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Thursday, November 7, 2024

How did home prices perform in Richmond Heights during November 2021?

Realestate5

The median sale price of a home sold in November 2021 in Richmond Heights rose by $30,000 while total sales increased by 40%, according to BlockShopper.com.

In November 2021, there were 14 homes sold, with a median sale price of $357,500 - a 9.2% increase over the $327,500 median sale price for the same period of the previous year. There were 10 homes sold in Richmond Heights in November 2020.

The median sales tax in Richmond Heights for the most recent year with available data, 2019, was $2,024, approximately 0.6% of the median home sale price for November 2021.

The following table compares Richmond Heights to other Miami-Dade County cities with similar median sale prices in November 2021:

CityNov. 2021 Home SalesNov. 2020 Home Sales% change (Total Home Sales)Nov. 2021 Median Sales PriceNov. 2020 Median Sales Price% change (Median Sales Price)
Miami719256180.9%$389,000$301,50029%
Palmetto Estates14875%$380,000$350,0008.6%
Opa-Locka (unincorporated) 94125%$375,000$291,50028.6%
Sunny Isles Beach8834158.8%$372,500$362,0002.9%
Homestead (unincorporated) 8026207.7%$365,000$297,00022.9%
Richmond Heights141040%$357,500$327,5009.2%
North Bay Village231376.9%$350,000$245,00042.9%
Aventura21160251.7%$345,000$299,00015.4%
Kendall1096567.7%$332,000$282,50017.5%
Miami (unincorporated) 62031298.7%$320,000$297,0007.7%
Florida City35-40%$315,000$141,500122.6%

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