In April, there were two homes sold, with a median sale price of $2,082,500 - a 325 percent increase over the $490,000 median sale price for the same period of the previous year. There were 55 homes sold in South Miami (unincorporated) in April 2021.
The median sales tax in South Miami (unincorporated) for the most recent year with available data, 2019, was $4,386, approximately 0.2 percent of the median home sale price for April.
The following table compares South Miami (unincorporated) to other Miami-Dade County cities with similar median sale prices in April:
| City | April 2022 Home Sales | April 2021 Home Sales | % change (Total Home Sales) | April 2022 Median Sales Price | April 2021 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Pinecrest | 1 | 65 | -98.5 | $5,050,000 | $1,299,000 | 288.8 |
| South Miami | 2 | 21 | -90.5 | $2,142,000 | $500,000 | 328.4 |
| South Miami (unincorporated) | 2 | 55 | -96.4 | $2,082,500 | $490,000 | 325 |
| Golden Beach | 2 | 7 | -71.4 | $1,890,000 | $3,200,000 | -40.9 |
| Key Biscayne | 3 | 71 | -95.8 | $1,725,000 | $940,000 | 83.5 |
| Surfside | 1 | 26 | -96.2 | $1,300,000 | $740,000 | 75.7 |
| Coral Gables | 44 | 139 | -68.3 | $1,300,000 | $1,100,000 | 18.2 |
| Cutler Bay | 1 | 86 | -98.8 | $1,250,000 | $370,000 | 237.8 |
| Bal Harbour | 5 | 22 | -77.3 | $1,200,000 | $850,000 | 41.2 |
| Sunny Isles Beach | 8 | 119 | -93.3 | $1,195,000 | $425,000 | 181.2 |
| Aventura | 8 | 223 | -96.4 | $1,150,000 | $325,000 | 253.8 |
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