Miami-Dade County Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $330,000
    0% ( $1,000 ) vs May 2015
  • Median Sales Price
    $240,000
    1% ( $2,500 ) vs May 2015
  • Median Foreclosure Sales Price
    $163,000
    1% ( $2,300 ) vs May 2015
  • Foreclosures View
    Homes for Sale 8,736
    Recently Sold 17,870

Market Summary

There are currently (contact us for foreclosure counts) properties in Miami-Dade County, FL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 8,736.

In June, the number of properties that received a foreclosure filing in Miami-Dade County, FL was 1% higher than the previous month and 40% lower than the same time last year.

Home sales for May 2016 were down 43% compared with the previous month, and down 25% compared with a year ago. The median sales price of a non-distressed home was $240,000. The median sales price of a foreclosure home was $163,000, or 32% lower than non-distressed home sales.

Sales Prices - Miami-Dade County, FL




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$163,000 (Median Foreclosure Sales Price) $160,700 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $240,000 (Median Sales Price) $242,500 (Median Sales Price) $240,000 (Median Sales Price) $240,000 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price) $163,000 (Median Foreclosure Sales Price) $160,700 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $151,000 (Median Foreclosure Sales Price) $150,000 (Median Foreclosure Sales Price) $240,000 (Median Sales Price) $242,500 (Median Sales Price) $240,000 (Median Sales Price) $240,000 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price)
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Top Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Miami
1,558
32.1
% (y-o-y)
$253,000
1.2
% (y-o-y)
33.2%
36.8
% (y-o-y)
Homestead
208
31.1
% (y-o-y)
$157,000
14.2
% (y-o-y)
17.0%
22.1
% (y-o-y)
Hialeah
206
31.3
% (y-o-y)
$199,100
5.7
% (y-o-y)
15.5%
28.3
% (y-o-y)
Miami Beach
178
49.0
% (y-o-y)
$350,000
6.7
% (y-o-y)
25.7%
35.6
% (y-o-y)
Opa Locka
91
33.6
% (y-o-y)
$165,000
38.8
% (y-o-y)
19.0%
10.6
% (y-o-y)
North Miami Beach
64
46.7
% (y-o-y)
$292,250
4.2
% (y-o-y)
41.1%
24.9
% (y-o-y)
Key Biscayne
10
33.3
% (y-o-y)
$1,100,000
14.0
% (y-o-y)
Data not available

Local Info For Miami-Dade County

Population:
2,445,374
Crime Index: 164.10    
Schools: 301   
Household Median Income: $43,605
Unemployment: 5.30%
Percentage of vacant homes: 15.61%

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